CARD Q080
Which statement best distinguishes notice of claim from proof of loss?
- Notice and proof are interchangeable and have the same purpose
- Notice supplies all medical proof; proof merely reports that a loss occurred
- Notice alerts the insurer; proof supplies information supporting the claim
- Notice is filed after proof has been accepted
Notice alerts the insurer; proof supplies information supporting the claim
They are different claim duties. Forms, submission deadlines, and exceptions are governed by the policy and applicable law.
Why each choice is right or wrong
A. Notice and proof are interchangeable and have the same purpose
Incorrect. They have different purposes and requirements.
B. Notice supplies all medical proof; proof merely reports that a loss occurred
Incorrect. This reverses the functions.
C. Notice alerts the insurer; proof supplies information supporting the claim
Correct. They are different claim duties. Forms, submission deadlines, and exceptions are governed by the policy and applicable law.
D. Notice is filed after proof has been accepted
Incorrect. Notice normally precedes supporting proof rather than waiting for proof acceptance.
Review the related terms
Use these lessons to revisit the concepts and try additional practice questions.