Page 137 - Fire Insurance Ebook IC 57

The Insurance Times

under the risk and to arrange such reinsurance as is necessary.

Scope of a risk inspection report

Headings What it covers
General information Information about the property
Lighting heating and power Information about electrical
installations
Process of manufacture Detailed description of process
of manufacture
Exposure Details of risks in surrounding
Fire protection Fire protection measures
available
Management and supervision Type of housekeeping
Moral hazard Assessment of moral hazard
Adequacy of sum insured Whether the sum assured is
adequate or not
Insurance and loss experience Previous loss experience
Risk improvement Possibility of risk improvement
Conclusion Any other remarks

Plan

n A plan of the premises generally drawn at a scale of one inch to 40
feet is a useful adjunct to a report.

n A well prepared plan helps the Engineer to describe clearly and
the underwriter readily to appreciate, the various features of the
risk.

n It also facilitates the preparation of the specification of the

Website: www.bimabazaar.com Call: 033-22184184 / 40078428 150

Copyright@ The Insurance Times. 09883398055 / 09883380339