emmanuelmashao7821 emmanuelmashao7821
  • 13-01-2020
  • Business
contestada

If an accelerated death benefit is in effect, how often must the insurer provide a report showing the amount paid and the amount of the remaining benefit?

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ecadrobe
ecadrobe ecadrobe
  • 14-01-2020

Answer:

When the next payment is due

Explanation:

With an accelerated death benefit in effect, an insurer is under obligation to provide a report of the amount paid and the amount remaining as often as the next premium payment is due. This is to ensure accountability and clarity in payment terms.

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