Texas Statutes and Rules Pertinent to Life Insurance Only
Under Texas Insurance Code § 1103.102, within how many days after receiving proof of death must an insurer pay a life insurance death claim to avoid statutory interest penalties?
Answer and explanation
Answer: B. TIC § 1103.102 mandates paying death benefits within 60 days, after which interest accrues under TIC § 1103.103.Source: Texas Insurance Code Chapter 1103 — § 1103.102, 60-Day Claim Payment Window
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