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    Business
  3. Study Set
    Risk Management and Insurance
  4. Exam
    Exam 7: Insurance As a Risk Management Technique: Policy Provisions
  5. Question
    An Insured Usually Must Provide a Formal Proof of Loss
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An Insured Usually Must Provide a Formal Proof of Loss

Question 1

Question 1

True/False

An insured usually must provide a formal proof of loss within 60 to 90 days to receive payment.

Correct Answer:

verifed

Verified

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