58-17-22 Notice of claim--Loss of time benefit--Optional provision, insertion by insurer.
Notice of claim--Loss of time benefit--Optional provision, insertion by insurer.
a policy providing a loss-of-time benefit which may be payable for at least two years, an insurer may
at its option insert the following between the first and second sentences of the provision in § 58-17-21: "Subject to the qualifications set forth below, if the insured suffers loss of time on account of
disability for which indemnity may be payable for at least two years, he shall, at least once in every
six months after having given notice of the claim, give to the insurer notice of continuance of the
disability, except in the event of legal incapacity. The period of six months following any filing of
proof by the insured or any payment by the insurer on account of such claim or any denial of liability
in whole or in part by the insurer shall be excluded in applying this provision. Delay in the giving
of such notice shall not impair the insured's right to any indemnity which would otherwise have
accrued during the period of six months preceding the date on which such notice is actually given."
Source: SL 1966, ch 111, ch 25, § 8.