Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What is the maximum time allowed for submitting a written proof of loss after an incident?
What is the maximum time allowed for submitting a written proof of loss after an incident?
- Within 30 days (correct)
- Within 90 days
- Immediately
- Within 60 days
Which action is required from the insured after a covered loss?
Which action is required from the insured after a covered loss?
- Submit written proof of loss (correct)
- Notify the authorities
- Pay a deductible
- File a police report
If an insured does not submit proof of loss immediately, what is the latest time frame they can submit it?
If an insured does not submit proof of loss immediately, what is the latest time frame they can submit it?
- Within 15 days
- Within 60 days
- Within 30 days (correct)
- Within 45 days
What could be a consequence of not submitting proof of loss on time?
What could be a consequence of not submitting proof of loss on time?
Signup and view all the answers
In addition to time restrictions, what else is typically required in the proof of loss process?
In addition to time restrictions, what else is typically required in the proof of loss process?
Signup and view all the answers
Flashcards are hidden until you start studying
