Common use of Initial Claims Decision Clause in Contracts

Initial Claims Decision. The Plan will decide a claim within a reasonable time up to 90 days after receiving the claim. The Plan will have a 90-day extension, but only if the Plan is unable to decide within 90 days for reasons beyond its control, the Plan notifies the claimant of the special circumstances requiring the need for the extension by the 90th day after receiving the claim, and the Plan notifies the claimant of the date by which the Plan expects to make a decision.

Appears in 6 contracts

Samples: Non Qualified Retirement/Savings Plan (Apache Corp), Non Qualified Restorative Retirement Savings Plan (Apache Corp), Non Qualified Retirement Savings Plan (Apache Corp)

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