Payment of PIP benefits must be made within how many days after the insurer has received reasonable proof of loss?

The correct time frame for the payment of Personal Injury Protection (PIP) benefits is 30 days after the insurer has received reasonable proof of loss. This requirement is established to ensure that claimants receive timely compensation for their medical expenses and lost wages resulting from an automobile accident. The 30-day window promotes efficiency in the claims process and helps to mitigate the financial burden on injured individuals during their recovery period.

It's important for insurers to adhere to this timeline to maintain compliance with regulations and to foster trust with policyholders. Timely payments also encourage insured individuals to provide necessary documentation promptly, further streamlining the claims process.

In contexts where the other choices mention longer periods, they do not align with the regulatory standards that govern PIP benefits, emphasizing the necessity for prompt and responsive insurance practices.