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If one intends to sue only the insurance company (insurance claim), the claimant has three years from the date of the qualifying event to do so.
Section 31 of the Insurance Contracts Law, 5741-1981, stipulates a shorter statute of limitations than that stipulated in the Statute of Limitations Law (usually 7 years). If the claim also includes bodily injury and disability percentages:
Some insurance companies stipulate in the policy that the statute of limitations will commence from the date the disability percentage is determined; in other words, this is the point from which the three-year period should begin.