Arkansas Life and Health Insurance Practice Exam

Under the Legal Actions Mandatory Uniform Provision, an insured must wait at least _____ days after providing proof of loss before he or she can take legal action against the insurer.

1. 30

2. 60

3. 90

4. 120

The correct answer is: 30

Under the Legal Actions Mandatory Uniform Provision, an insured must wait at least 30 days after providing proof of loss before he or she can take legal action against the insurer. This provision allows the insurance company a reasonable amount of time to investigate and settle the claim before facing legal action. It is crucial for insured individuals to adhere to these waiting periods to ensure a fair process for both parties involved. Options B, C, and D are incorrect as they do not align with the specified time frame stated in the Legal Actions Mandatory Uniform Provision. Waiting periods of 60, 90, or 120 days would be longer than the required 30-day waiting period before legal action can be taken against the insurer.