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Current as of January 01, 2024 | Updated by Findlaw Staff
An industrial life insurance policy must provide that if a claim arises as the result of the death of the insured, the insurer shall settle the claim not later than two months after the date the insurer receives at the insurer's home office:
(1) proof of death satisfactory to the insurer; and
(2) proof of the right of the claimant to the insurance proceeds.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1151.060. Claim Based on Death of Insured - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1151-060/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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