There shall be a provision as follows:
“Time of Payment of Claims: Indemnities payable under this policy for any loss, other than loss for which this policy provides any periodic payment, will be paid immediately upon receipt of due written proof of such loss. Subject to due written proof of loss, all accrued indemnities for loss for which this policy provides periodic payment will be paid (insert period for payment which must not be less frequently than monthly) and any balance remaining unpaid upon the termination of liability will be paid immediately upon receipt of due written proof.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 85 - Accident and Health Insurance
§ 23-85-101. Franchise plan — Definition
§ 23-85-103. Third party ownership
§ 23-85-105. Required provisions
§ 23-85-106. Entire contract and changes provision
§ 23-85-107. Time limit on certain defenses provision
§ 23-85-108. Grace period provision
§ 23-85-109. Reinstatement provision
§ 23-85-110. Notice of claim provision
§ 23-85-111. Claim forms provision
§ 23-85-112. Proofs of loss provision
§ 23-85-113. Time of payment of claims provision
§ 23-85-114. Payment of claims provision
§ 23-85-115. Physical examination and autopsy provision
§ 23-85-116. Legal actions provision
§ 23-85-117. Change of beneficiary provision
§ 23-85-118. Optional policy provisions
§ 23-85-119. Optional change of occupation provision
§ 23-85-120. Optional misstatement of age provision
§ 23-85-121. Optional other insurance in this insurer provision
§ 23-85-122. Optional relation of earnings to insurance provision
§ 23-85-123. Optional unpaid premiums provision
§ 23-85-124. Optional conformity with state statutes provision
§ 23-85-125. Optional illegal occupation provision
§ 23-85-126. Optional intoxicants and controlled substances provision
§ 23-85-127. Order of certain provisions
§ 23-85-128. Refusal to renew policy
§ 23-85-129. Requirements of other jurisdictions
§ 23-85-130. Conforming to statute
§ 23-85-131. Age limit — Exception
§ 23-85-132. Reduction of benefits due to other insurance contracts prohibited
§ 23-85-133. Coverage of outpatient services required — Exception — Definitions
§ 23-85-134. Refund of unearned premiums upon death of insured
§ 23-85-136. Standard claim form required
§ 23-85-137. In vitro fertilization coverage required