Oklahoma Statutes (Last Updated: September 18, 2014)

§ 36-4013. Payment of claims.

Latest version.

There shall be a provision that when a policy shall become a claim by the death of the insured settlement shall be made upon receipt of due proof of death and, at the insurer's option, surrender of the policy and/or proof of the interest of the claimant. If an insurer shall specify a particular period prior to the expiration of which settlement shall be made, such period shall not exceed two months from the receipt of such proofs.

Laws 1957, p. 373, § 4013.

                    
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