PROOF OF LOSS
Standard Fire Insurance Policies
The standard policy requires that parties to the 1943 borne submit a statement under oath, signed to the insurer within 60 days after a loss as a condition of implementing the policy. The purpose of this statement is to provide the facts required by the insurance company to obtain a fair resolution of loss. The statement must be a question or includes seven items are the following:
1. The time and origin of the fire. This information is to determine whether the losses that occurred during the conduct of the police or not. And what is the origin of the fire was there closed in polis.
2. The interests of parties and other parties covered in the treasure.
3. The cash value of each item and the amount of losses.
4. Load All over it. This information is needed to determine the magnitude of the interests of third parties in the loss of it.
5. All other insurance contract that closes the treasure. This information is required because corporate responsibility will be reduced in States that, if there is any other insurance that determine the loss.
6. any changes in property rights, the use, occupation, location, ownership, or exposure of the treasure since the expenditure policy. The intent of this requirement is to allow the adjuster to determine whether there are terms and conditions of the policy that has been violated and to determine the nature of the interests which can be insured for it.
7. By whom and for what the building and some parts of the building was used at the time of the occurrence of the harm it and whether the building standing on land in the lease contract. This requirement is the same aim, namely to help the insurer to determine whether there is an increased danger.
ASSISTANCE AND COOPERATION
Insurance contract contains clauses requiring the existence of a partnership between insurer with that borne in dealing with other parties after the occurrence of loss. These terms are most commonly found in polis crime (crime policies) and policy coverage responsibility (liability policies).
Polis family cars include the following clauses: incurred should work closely with the insurance company and at his own request to avoid the checks and trials and help implement a settlement, get and give evidence, get witnesses and confronts him on the Court. The bear will not make payment except over their dependants alone, shouldering the burden of liability or cost anything other than medical expenses and an urgent surgery to others at the time of the accident.
Purpose of this article with respect to any damage to or loss of the car are covered is to allow insurance companies to benefit fully from its subrogation rights. So if if a car damaged in a Bill impacts with cars Jim, then the insurance company the Bill after paying damages to Bill, can sue Jim indemnify if Jim was considered guilty. The Bill should provide cooperation in this matter.
