Which of the following period of time meets the definition of reasonable promptness as it pertains to an insurance company, under regulation 919?
a: 5 daysb: 15 daysc: 20 daysd: 30 days

The correct answer b) 15 days.

Explanation:

Insurance companies provide policies to insure belongings, property, or living things such as animals or people from unfavorable situations, for example, from an accident.

Insurance companies must meet a stipulated time to resolve a claim or other situation that the insured needs. The reasonable speed of an insurance company is 15 days, in which the insurer resolves the claims of its customers.

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