How Long Do Insurance Claims Take?
You have faithfully remitted all premiums. And unfortunately, an accident occurs. Or your home was invaded, or even flooded. Regardless of the type of insurance policy you have, you deserve compensation when an insured peril occurs. However, the process is not a clear-cut one and involves a team. With the number of parties involved, claims payments are not a one-day event. It can be time-consuming, especially with the coordination required between the parties involved. And if one party doesn’t cooperate, be it yourself or the insurer, it can take even up to months for a simple claim to be paid
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