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There shall be a provision that when a policy shall become a claim by the death of the insured, settlement shall be made upon receipt of due proof of death and, at the insurer's option, surrender of the policy and/or proof of the interest of the claimant. If an insurer shall specify a particular period prior to the expiration of which settlement shall be made, such period shall not exceed two (2) months from the receipt of such proofs.
Cite this article: FindLaw.com - Idaho Statutes Title 41. Insurance § 41-1913. Payment of claims - last updated January 01, 2020 | https://codes.findlaw.com/id/title-41-insurance/id-st-sect-41-1913.html
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