When Form 8865 Securities 2024

Hello, in this video discussion, we will discuss what you need to know about signing the release and getting your money. Let's suppose you just hung up the phone after agreeing on a settlement amount with the claims adjuster. At this point, you're only a few steps away from wrapping up your claim and receiving compensation. But you're not out of the woods yet. Let's take a look at those final steps to make sure you don't miss anything. Step one is the confirmation letter. Within 24 hours after coming to a verbal agreement with the adjuster, you need to send a letter confirming the amount you agreed upon. Make several copies of the confirmation letter. Send one to the adjuster by certified mail return receipt requested, and keep a copy for your records. You need to send the letter certified rrr so you have proof the letter was mailed and proof of the date the adjuster received it. At about the same time, you should receive a similar confirmation of settlement letter from the insurance company. We've included a sample confirmation of settlement letter below. Step two is the release form and settlement check. You should receive a release form from the insurance company within a few weeks. Some insurance companies send the release check along with the release form and state you must sign and return the form before you cash your check. However, most companies won't send your check until you sign and return the release. Either way, read the release form very carefully. Although the insurance company probably won't make any mistakes, it's always important to know what you're signing. Make copies of the signed release and the check and keep them in your personal file. Here's a quick note on property damage claims. If you've also filed a...