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CLAIMS PROCEDURES AND DOCUMENTATION - Coggle Diagram
CLAIMS PROCEDURES AND DOCUMENTATION
CONDITION
In Fire Policy
In theft Policy
Contribution
Average
Subrogation
Arbitration
Reinstatement
Fraud
INSURER’S RIGHTS
Right to extinguish a fire
Right to salvage the property
Right to enter premises
Right to investigate
Total loss and salvage
Recovery of lost property
METHOD OF SETTLING CLAIM
METHODS OF PROVIDING AN INDEMNITY
Repair
Reinstatement
Replacement
Cash
EX-GRATIA CLAIM PAYMENT
DISPUTES OVER CLAIM
resolve through
ARBITRATION
MEDIATION
NEGOTIATION
LITIGATION