A&H Policy ProvisionsQuestion 45 of 716

Under the Time of Payment of Claims required provision, periodic disability income benefits that have accrued must be paid at least how often during the period the insurer is liable?

a.Annually
b.Quarterly
c.Monthly
d.Weekly

Explanation

Accrued periodic disability income benefits must be paid at least monthly during the period of liability. Any unpaid balance at the end of liability must be paid immediately upon receipt of due written proof.

Law Reference: Cal. Ins. Code §10350.8

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Reviewed by John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verify)
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