Question 3035 of 303 · California Life-Only Agent Exam
Under the Fair Claims Settlement Practices Regulations, which of the following is a proof of claim?
Exactly one answer is correct.
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Correct answer to question 3035
- C: Documents that prove the claim and its amount
Explanation
Proof of claim is any evidence or documentation in the claimant's possession that supports the claim. The insurer's time limits for a decision run from its receipt.
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