Health policy provisions clauses and riders Flashcards
1
Q
Grace period
A
weekly - 7 days
monthly - 10 days
all other modes - 31
2
Q
notice of claim
A
Required within 20 days of the loss
3
Q
Proof of loss? how many days?
A
90 but not more than 1 year
4
Q
Legal actions
A
The insured must wait 60 days but not later than 3 years after proof of loss before legal action can be brought
5
Q
elimination period
A
The period of days that must expire after the onset of an illness or occurrence of accident before benefits will be payable
6
Q
Supplements and long term care policies must written as:
A
guaranteed renewable
7
Q
Time payments of claims that invovles disability
A
30 days
