Question

Joyce submitted a valid and complete claim for benefits due under her policy to the insurer on July 31. She can expect the insurer to either pay the claim or deny it no later than:

(a) September 30
(b) November 30
(c) October 31
(d) August 31

Answer 1

The specific date by which an insurer must respond to a submitted claim depends on the policy's terms or applicable laws, which are not provided in the question. Joyce should check her insurance policy or local regulations for the answer.

Step-by-step explanation:

The question relates to the time frame within which an insurer is required to respond to a submitted claim for benefits under a policy. However, without specific legislation or policy details, it is impossible to provide an accurate deadline by which Joyce can expect a response from her insurer. Typically, insurance policy documents or regional laws will specify a 'proof of loss' provision or similar regulation that dictates the time frame insurers have to either pay or deny a claim once it is submitted. For unemployment insurance specifically, employers contribute to a fund to pay benefits to workers who lose their jobs, but details about claim response times for other types of insurance would be outlined in their respective policies or legal statutes. Joyce should review her policy documentation or consult the relevant insurance laws in her jurisdiction for the precise answer.