The time of payment of claims provision in an accident and health insurance policy requires that
A) the insurer must furnish the insured with the forms required for filing a proof of loss
B) claims must be paid immediately after the insurer receives a written proof of loss
C) the insured must submit the proof of loss within a specified time, or the claim may be denied
D) the insured must periodically submit proofs of loss in order to receive payment of the claim
Answer: B) claims must be paid immediately after the insurer receives a written proof of loss
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In a mid-size sales organization, typically the vice president of marketing or sales heads the sales organization
Indicate whether the statement is true or false