by how many days does the discontinuance of a group insurance policy reduce the time limit for providing notice of claim or proof of loss

0 days.

Explanation:

A group life insurance policy can be defined as a single contract plan that covers a group of people by providing life insurance coverage. An employer may opt for a group life insurance policy which would cover the lives of his or her employees. Therefore, in the event that an employee died, the group life insurance policy would act as a monetary security by providing financial support or aid to the family members of the deceased employee.

The discontinuance of a group insurance policy reduce the time limit for providing notice of claim or proof of loss by 0 days. The date for notice of claim or proof of loss is perpetual and such the beneficiaries of these policies are allowed to provide or present evidence at any time.

A notice of discontinuance of an insurance company should contain therein a date when the group policy plan will discontinue and as a result the insurer wouldn't be liable for claims for losses incurred after the date of discontinuance.

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