An insured becomes disabled on March 1 and submits a claim statement to the insurance company on
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Question:
An insured becomes disabled on March 1 and submits a claim statement to the insurance company on March 31, while still disabled. The company fails to remit payment promptly and the insured decides to seek legal advice. The earliest date the attorney may lake legal action against the insurance company is:
A.April 30
B.May 16
C.May 31
D.June 15
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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