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The lump sum amount is usually paid within few months in normal cases. However, there are certain situations where the payment can be delayed.
1: The amount is usually delayed if an insured person has died within 2 years of the start of insurance policy. The delay is normally made due to investigations about a potential fraud. If no evidence of fraud is found, the payment is made as soon as possible. This is done in order to avoid interest charges.

2: Another obvious case in which insurance payment is delayed is when there are chances of a homicide. This should not be surprising for most people as numerous movies and television dramas have discussed this subject, where a beneficiary kills his family member, such as husband or wife, in order to get insurance amount. The payment is usually stopped until the completion of investigations.

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