All of the following statements about the settlement of a claim are true EXCEPT
A)The insurance policy usually has a provision specifying how a notice of loss is to be made to the insurance company.
B)One step in the investigation of a claim is to determine whether the policy was in force when the loss occurred.
C)The adjuster must file the proof of loss,which is a sworn statement supporting his or her decision regarding a claim.
D)A policy provision may determine how disputes over claim settlements are resolved.

Question

Quizplus · Accepted Answer

The adjuster is not responsible for filing the proof of loss. It is the policyholder's responsibility to file the proof of loss, which is a sworn statement supporting the amount of the claim. The adjuster uses this statement to support their decision about the claim.

All of the Following Statements About the Settlement of a Claim