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All death claims arising under policies of insurance issued or delivered within this state shall be settled by the insurer within sixty days after the date of receipt of due proof of death, and if the insurer fails to do so without just cause, the amount due shall bear interest at the rate of eight percent per annum from date of receipt of due proof of death by the insurer until paid.

Acts 1958, No. 125.  Amended by Acts 1980, No. 477, §1; Redesignated from La. Rev. Stat. 22:656 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

NOTE:  Former La. Rev. Stat. 22:1811 redesignated as La. Rev. Stat. 22:372 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.