Page 449 - IC38 GENERAL INSURANCE

Answers to Self-Examination Questions
Answer 1
The correct option is III.
Intimation of loss is to be made as soon as reasonably possible.
Answer 2
The correct option is II.
Investigation of loss is done by licensed and qualified surveyor.
Answer 3
The correct option is II.
For personal accident claims report of a Doctor is necessary.
Answer 4
The correct option is III.
Independent surveyors are required for claims equal to or above Rs 20000 as per
the Insurance Act.
Answer 5
The correct option is IV.
Claims assessed outside the country in case of travel insurance policies are
assessed by claims settling agents named in the policy.
Answer 6
The correct option is III.
In case of a fire claim, a report from the fire brigade is required.
Answer 7
The correct option is IV.
TAT is turnaround time.

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