A Funeral Assignment is an agreement that is signed by a beneficiary of a life insurance policy. The beneficiary assigns all or a portion of the life insurance benefits at the Funeral Home which allows payment for funeral expenses to be made directly to the funeral home. Yes, NYL GBS does accept Funeral Assignments.
Most commonly, an end-of-life ceremony will be called a “funeral,” a “memorial service,” or a “celebration of life.” All of these terms refer to the ritual of gathering family and friends together after a loved one has died.
A funeral service, whether traditional or more modern (memorial service or celebration-of-life), has two functions: to acknowledge the death and lifetime achievements of an individual and to bring grieving family members and friends together in support of one another during this difficult time.
Strong financial strength rating: A life insurance company's financial strength rating shows how well it handles its monetary obligations, including paying life insurance claims. Lincoln Heritage has an A- rating with AM Best, which is an excellent rating.
To report your claim by phone, call our service center at (855) 706-2396.
You may cancel this policy by returning it to Lincoln Benefit Life Company, or our agent, within 31 days after you receive it. Upon such delivery or mailing of the cancelled policy, the policy will be void as of the issue date.
Making Changes To Your Policy Is Easy If you have any questions, please call us at 1-800-438-7180. Please allow 5 business days for processing.
Making Changes To Your Policy Is Easy If you have any questions, please call us at 1-800-438-7180. Please allow 5 business days for processing.