What is the time frame in which a sworn proof of loss must be filed?

The time frame for filing a sworn proof of loss is 60 days. This requirement is significant because it establishes a clear and timely process for both the policyholder and the insurer. When a claim is made, having a set period ensures that the insurer can promptly begin their investigation and evaluation of the claim, which facilitates a more efficient claims process. Additionally, it helps the policyholder in maintaining accurate records and ensuring that all necessary documentation is gathered in a timely manner, which is crucial for the processing of insurance claims. This time frame reflects industry practices and aligns with the need for both parties to adhere to deadlines to protect their interests.