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Q: RETIREMENT'S EFFECT ON CLAIM: What is the standard procedure for informing an insurance company of a retirement? Will the fact that he is resigning/retiring have any impact on his claim?
A: There is no "standard procedure" for informing an insurance company of a retirement. Usually this is done by letter. The fact that a claimant is resigning/retiring should have no impact on a current claim. The issue with every claim is whether or not the insured can work. If the medical records indicate that he can work then generally his claim will be terminated.