How long will it take for PICC compensation to arrive?

If you have submitted an application, you will usually receive a life insurance claim within three to ten working days. The speed of receiving claims is also related to the amount of claims. According to Article 23 of the Insurance Law of People's Republic of China (PRC), if the situation is complicated, the insurer shall conduct verification within 30 days and notify the beneficiary of the verification result. The insurance premium shall be paid within ten days after both parties reach an agreement to pay the insurance premium.

Specific steps:

1, claim report. The insured shall report the case as soon as possible within the specified time after the accident. If there is a car accident, you need to report it within 48 hours.

2. Accept the claim. The beneficiary shall submit the claim materials according to the terms or requirements agreed in the agreement, and the insurance company shall accept the claim if it meets the acceptance requirements.

3. Claim review. The professional claim adjuster of the insurance company reviews the case, mainly including the occurrence of the accident and the approved information of other materials, and makes a claim decision. The insured can log on to the website of his insurance company:

(browser computer: macbookpro mos 14, open google version 92.0.4515.131), and inquire about its policy claims.

4. Payment notice. After the claim is reviewed, the insurance company will inform the beneficiary of the claim conclusion in time and pay the insurance premium by transfer.

Extended data:

The limits of insurance claims are divided into two categories:

The limitation of life insurance claims is generally 5 years; The limitation of other insurance claims is generally 2 years. Insurance claims must be filed within the limitation period. If the insured or beneficiary fails to file a claim with the insurer after the limitation period, providing the necessary documents and receiving the insurance money will be regarded as a waiver of rights.

Article 25 of the Insurance Law If the insurer cannot determine the amount of compensation or payment of insurance benefits within 60 days from the date of receiving the request for compensation or payment of insurance benefits and relevant certificates and materials, it shall pay the amount that can be determined according to the existing certificates and materials; After the insurer finally determines the amount of compensation or insurance payment, it shall pay the corresponding difference. Article 26 The limitation of action for the insured or beneficiary of insurance other than life insurance to claim compensation or pay insurance money from the insurer is two years, counting from the day when he knows or should know the occurrence of the insured accident. The limitation of action for the insured or beneficiary of life insurance to request the insurer to pay the insurance money is five years, counting from the day when he knows or should know the occurrence of the insurance accident.