Indiana State Life and Health Insurance Practice Exam

An insurer must provide an insured with claim forms within __ days after receiving notice of a loss?

1. 5

2. 10

3. 15

4. 20

The correct answer is: 15

An insurer is required to provide claim forms to an insured within 15 days after receiving notice of a loss. This requirement is set forth to ensure that the insured can promptly and effectively begin the claims process following a loss event. Timely access to necessary claim forms is crucial because it aids in minimizing delays in the claims process, allowing the insured to submit their claims and documentation without unnecessary waiting periods. This timeline is designed to protect the interests of the insured, ensuring they are not left in limbo and can move forward with their claims without excessive delay. It reflects the insurer's obligation to respond to the policyholder's needs in a reasonable timeframe, maintaining efficiency in the handling of insurance claims. Ensuring that this process runs smoothly serves to enhance trust and satisfaction between the insured and the insurer.