Other Than Life (OTL) Practice Exam 2026 – All-In-One Guide to Exam Success!

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What term refers to the time period within which an insured must report a claim?

Claim reporting period

The term that refers to the time period within which an insured must report a claim is known as the claim reporting period. This duration is critical because it establishes the timeline for notifying the insurer of any incidents or losses that are covered under the insurance policy. Adherence to this timeline is essential for ensuring that the claim is considered valid and can be processed without issues.

Understanding the claim reporting period helps policyholders grasp their responsibilities and the importance of timely communication with their insurer, which can significantly affect the outcome of their claim. Insurers set this period to ensure claims are reported while evidence is still fresh and can be investigated properly.

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Liability period

Coverage window

Claim submission interval

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