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After three months of being unable to contact them, I finally managed to get the information and forms necessary to file a claim.
Another five weeks on, they finally paid out the claim. I got a check in the mail today.
I was expecting the face amount of the Policy, but apparently there were a bunch of accrued Dividends or whatever, and the payout wound up being like 60% over the face amount of the policy, which made my kids' day. I wrote each of them a check for half the extra amount and gave them their money tonight. Their mother paid a Dividend. The wife and I had a fairly serious Emergency Fund stashed. I burned through about 75% of that over the last year, between medical and Funeral expenses, but the Insurance face amount basically replaced all that. They get a small inheritance from their Mother out of it.
Now I have to go fine a Headstone for the graves, and the whole thing is finally done.
But just nothing it, Transamerica still sucks goats. Don't do business with them if you can avoid it.
Another five weeks on, they finally paid out the claim. I got a check in the mail today.
I was expecting the face amount of the Policy, but apparently there were a bunch of accrued Dividends or whatever, and the payout wound up being like 60% over the face amount of the policy, which made my kids' day. I wrote each of them a check for half the extra amount and gave them their money tonight. Their mother paid a Dividend. The wife and I had a fairly serious Emergency Fund stashed. I burned through about 75% of that over the last year, between medical and Funeral expenses, but the Insurance face amount basically replaced all that. They get a small inheritance from their Mother out of it.
Now I have to go fine a Headstone for the graves, and the whole thing is finally done.
But just nothing it, Transamerica still sucks goats. Don't do business with them if you can avoid it.
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