Split Dollar-Claims Procedures

[Randy Watson]

I have an endorsement split dollar agreement where the only benefit is the death benefit (there's no element of deferred compensation, the employee is unable to access any cash, receive a loan etc...)

I believe it is an ERISA welfare plan. Although it's technically a welfare plan, I thought this NQDC board was the best place to post the question since split dollar arrangements are typically established for executives.

I'm trying to figure out how to deal with the ERISA claims procedures that need to go in place. I haven't seen the insurance policy, but I can't imagine claims reivew process of the insurer will be consistent with ERISA. Maybe I'm wrong about that. Does anyone have any experience with this or thoughts on how to deal with inconsistencies between ERISA claims procedures and those of an insurance policy? Do insurers typically agree to follow ERISA claims procedures? Any insight would be greatly appreciated. Thank you.