Policy Provision Definitions
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A 20 day period of time that the insured must notify the insurer in writing of a claim.
Notice of Claim
Provision that states the policy only consists of the policy and any attachment and the producer can't change or modify the policy
Period of time described as: 60-day minimum and the maximum of 3 years
Rule the changes the recipient of the benefits of an Accidental Death Policy
Change of Beneficiary
Period of time that the insured bay be allowed to put the coverage back in force.
-Injury = immediately
-Sickness = after 10 days
Period of Time the insurer will pay claims after the premiums are past due:
-7 days, weekly
-10 days, monthly
-31 days, any other
90 days (after the claim form is sent) for the insured to mail verification of bills
Proof of Loss
After the policy is in force for a certain period of time, insurer can't deny benefits except for intentional act of fraud
Time Limit on certain Defense
Time Payment of Claims
15 days for the insurer to send the claim form to be completed by the insured
Allows the insurance company to order additional exams to verify medical expenses, disability, and other claims at the insurer's expense, if not prohibited by law
Physical Exam and Autopsy
provision that states to whom the claim payments are paid
Payment of Claims
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