What must an insurer do regarding proof of loss in a property loss situation with a 60-day requirement?

In a property loss situation where there is a requirement for proof of loss to be submitted within 60 days, it is crucial for the insurer to provide clear communication regarding this timeframe. By clearly stating the 60-day requirement in bold, the insurer emphasizes the importance of the deadline and ensures that the claimant is aware of the specific timeframe within which they need to act. This clarity helps prevent misunderstandings or delays in the claims process, as it makes the responsibility of the claimant apparent and reinforces the urgency associated with submitting the necessary documentation.

Communicating the deadline effectively is important because failing to meet this requirement can result in the denial of the claim. Ensuring that the claimant is fully aware of their obligations in a bold and clear format removes ambiguity and helps foster a smoother claims process. It highlights the insurer's commitment to transparency and customer service, which are essential values in the insurance industry.