What must an insured do if they fail to provide proof of loss forms within 15 days after receiving a Notice of Claim?

When an insured fails to provide proof of loss forms within the stipulated 15 days after receiving a Notice of Claim, it is crucial that they file a written proof of loss detailing the occurrence. This requirement is grounded in the principle that the insurer must receive adequate documentation of the loss to evaluate the claim appropriately.

Providing proof of loss is essential for a couple of reasons: it serves to formally notify the insurance company of the details surrounding the loss and substantiates the claim with specific information regarding what the insured is claiming. This requirement is also aligned with the responsibilities set out in the insurance policy terms, which often mandate timely reporting and documentation as a condition of coverage.

The other options present alternatives that are not aligned with the typical requirements of insurance claims. Simply doing nothing does not fulfill the obligation to substantiate a claim; reaching out for an extension may not be recognized as a valid substitution for the actual proof of loss, and requesting a waiver doesn’t align with standard practices unless explicitly outlined in the policy. Thus, filing a detailed proof of loss is the appropriate course of action to ensure the claim is processed.