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
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
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Financial and Managerial Accounting the basis for business decisions
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