Question

Diana, the beneficiary under her husband's ADD policy, submits an accidental death claim on May 1, 2010 following his death. However, the company denies the claim on the basis that death was due to natural causes. She decides to talk to her attorney. What is the earliest date for taking legal action against the insurer?

1) July 1, 2010
2) May 1, 2011
3) May 2, 2010
4) June 1, 2010

Answer 1

The earliest date for taking legal action against the insurer is June 1, 2010.

Step-by-step explanation:

The earliest date for taking legal action against the insurer would be June 1, 2010.

When the company denies Diana's accidental death claim, it triggers a dispute between the beneficiary and the insurer. In such cases, there is usually a specified time limit within which legal action must be initiated. This time limit is referred to as the statute of limitations. In this scenario, the statute of limitations would determine the earliest date for Diana to take legal action.

Since Diana's husband passed away on May 1, 2010, the earliest date for taking legal action would be one day after, which is June 1, 2010.