(a) Except as provided in Section 5406.5 , 5406.6 , or 5406.7 , the period within which may be commenced proceedings for the collection of the benefits provided by Article 4 (commencing with Section 4700 ) of Chapter 2 of Part 2 is one year from:
(1) The date of death if death occurs within one year from date of injury.
(2) The date of last furnishing of any benefits under Chapter 2 (commencing with Section 4550 ) of Part 2, if death occurs more than one year from the date of injury.
(3) The date of death, if death occurs more than one year after the date of injury and compensation benefits have been furnished.
(b) Proceedings shall not be commenced more than one year after the date of death, nor more than 240 weeks from the date of injury.
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