Claim Settlement Procedure
Claim Settlement Procedure
- Claim is entered “online” immediately on intimation and surveyor is appointed through system generated surveyor appointment letter.
- Claim department is in touch with surveyor to complete survey proceedings as early as possible.
- On receipt of survey report / attachments the claim file is reviewed by the claim department. Claim up to Rs.300,000 in case of motor claim and up to Rs.500,000 in case of non-motor claims are settled by claim department and claims exceeding above said limits are put up before committee for approval as per recommendation / assessment of surveyor.
- On approval form claims committee loss vouchers are issued and file is forwarded to Accounts department for issuance of claim cheque.
- All complaints pertaining to claims are handled by claims department.
