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The claimant and insurer have agreed on a settlement of a claim. What is the time limit on the payment of the claim according to West Virginia law?

User Lord Midi
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Final answer:

According to West Virginia law, the time limit on the payment of a claim after an agreement has been reached between the claimant and insurer is generally expected to be within a reasonable time frame, typically 30 to 45 days. However, the exact time limit may vary based on statutory law and the specific insurance claim type.

Step-by-step explanation:

The question refers to the time limit on the payment of a claim as per West Virginia law.

Although the question does not specify the type of insurance claim, general practice, and many state laws require that insurance claims be paid within a reasonable time frame.

This can be typically 30 to 45 days after the settlement agreement has been reached.

It is important to consult the specific statutes or regulations in West Virginia as they may set forth the exact time frames applicable to different types of insurance claim settlements.

The challenge faced by Lilly Ledbetter in the context of discrimination and the statute of limitations highlights the importance of understanding time constraints when it comes to legal matters.

Although this case pertained to employment law and the timely filing of discrimination claims, it indirectly helps illustrate why knowing time limits on any legal action, including the payment of an insurance claim, is crucial.

User Bulatzamilov
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