Build your professional network on facebook via our app Go to app
 
<< Prev  11 of 13 in Topic  Next >>
Posted in Community :

Banking & Insurance Professionals

 
Created by : byomokesh pujari, Freelancer, Freelancer  | 02 16 2010 06:52:53 +0000
Industry : InsuranceFunctional Area : India(Markets)
Keywords : surveyor
Activity:  227 views;  last activity : 07 06 2010 20:18:09 +0000

IS IT ESSENTIAL THAT INSURANCE SURVEYOR IS REQUIRED FOR SETTLEMENT OF OWN DAMAGE CLAIM?

IS IT NECESSARY THAT INSURANCE SURVEYOR SHOULD BE INDIPENDENT BY LAW ?

 
Share
 
 
  Rate : 
 
 
yes Vs no
2
 
 
 
 
0
2
0
Support   Support
 
Arguments in: "INSURANCE SURVEYOR"
0
0

To settle the claim amicably valuation of the claim is required to be independent by a third party. If so claim will be nutral without any influencial factors of either party. Claim submitted by the insured always at his side and will be benificial to him on most occations and vice versa. There fore settlement of claim by third party independently will reduce litigations and matter will be settelled for ever.


By RAMANATHA PRABHU N, Chartered Accountant  | 02 16 2010 08:08:34 +0000
0
0

Since the insurance contract is an contigent contract, a thirt person is requiered to jusrfy the claim in absence of arbitration clause.Therefore aINSURANCE SURVEYOR  is required for  settlement of own damge claim.

Indipendency of insurance surveyor by law is most esential other wise  surveyor  can be prejudice to the circumstances and can be exploted easily .


By byomokesh pujari, Freelancer, Freelancer  | 02 16 2010 06:52:53 +0000
Leading IT executive search firm
Viewers also viewed
Two years back when I started earning I did not have much idea about insurances.. But now I do...
 
1772 referals 5 votes, 220 views
Yes vs No
 
0 referals 2 arguments, 196 views
mutual fund vs insurance
 
342 referals 11 arguments, 284 views
more...  
Recent Knowledge (4)
WE HAD A GOOD NUMBER OF INVENTORS WITH GREATER VISION ABOUT THE SOCIETY. INVENTORS HERE NEED NOT...
 
2 referals 2 arguments, 97 views
I am associate of prajapati association and i am working for BJP from year 2005 to till date....
 
0 referals 3 arguments, 111 views
MNC's should take in more freshers vs Do not take freshers
 
1 referals 2 arguments, 161 views
more...  
More From Author
IS IT ESSENTIAL THAT INSURANCE SURVEYOR IS REQUIRED FOR SETTLEMENT OF OWN DAMAGE CLAIM? IS IT NECESSARY THAT INSURANCE SURVEYOR SHOULD BE INDIPENDENT BY LAW ?
more...