41-2112 — TIME OF PAYMENT OF CLAIMS
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TITLE 41
INSURANCE
CHAPTER 21
DISABILITY INSURANCE POLICIES
41-2112. TIME OF PAYMENT OF CLAIMS. There shall be a provision as
follows:
"Time of Payment of Claims: Indemnities payable under this policy for any
loss other than loss for which this policy provides any periodic payment, will
be paid immediately upon receipt of due written proof of such loss. Subject to
due written proof of loss, all accrued indemnities for loss for which this
policy provides periodic payment will be paid .... (insert period for payment
which must not be less frequently than monthly) and any balance remaining
unpaid upon the termination of liability will be paid immediately upon receipt
of due written proof."