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How long does an insurance company have before they must pay out on a life insurance claim?

I'd like to know if there's a law or rule (especially in California) regarding the time between the death and the life insurance payout.

Public Comments

1. A reputable company will pay within 10 days of recieveing the death certificate. However, if there is anything quesitionable (murder by the beneficiary, suicide, etc) they will delay it.
2. Check with the California Dept of Insurance (may be called Insurance Commissioner) Insurance companies are allowed time to investigate, however they have to comply with state laws and regulations
3. Hi- If it is after the 2 year incontestability period, then a reputable company should take 2 weeks at most. If it is during the first two years of insurance, the insurance company has a right to delay to investigate. If you have a complaint I would recommend going to www.insurance.ca.gov
4. Here is a link to the California Department of Insurance website specifically relating to claims payment issues: