Important Points to remember while Buying the Policy
Downloads
Proposal Form
Policy Wordings
Claim Form
Proprosal Form
Policy Wordings
Claim Form
Key Documents
General Claim Intimation Format
Immediate Action Client Should Take
Indicative General Documents for Settlement of Claims
General Claim Intimation Format
Date of Loss
Description of Loss
Contact person Details
Approx Loss
Policy Number
Immediate Action Client Should Take
Take photographs/ Video
Take all necessary steps to minimise the loss
Inform the Insurance company
Indicative General Documents for Settlement of Claims
Incident report
photographs
FIR
Fire brigade report
Our Insurance Partners
Claim Case Study - 1
1
Situation
A event management company has been organising a musical night very year in a city. The event has been successful in the past. Due to riots in the city all the events was cancelled by the government and the organization suffered huge loss.
2
Challenge
Cancellation of event due to Riots was not covered under the policy.
3
Solution
Since the loss due to riots are not covered under the policy various measures were suggested to reduce the loss.
4
Advisory/Conclusion
The policy should be comprehensive policy covering natural calamities, riots, strike & fire etc.
Claim Case Study - 2
1
Situation
A marathon was organised to raise funds for the cyclone affected areas. Just before the event was about to start, the plaster of the building fell under which the participants were standing. Few of the participants got injured.
2
Challenge
The policy has a very small amount of coverage under Medical expenses, which was not enough to cover the entire expenses.
3
Solution
Since the loss due to riots are not covered under the policy various measures were suggested to reduce the loss, like treatment at home if possible. This reduce the overall expenses.
4
Advisory/Conclusion
Adequate cover should be taken for medical expences.