Page 259 - Fire Insurance Ebook IC 57

The Insurance Times

is required for the value of each item.
(v) Amount claimed after deduction of salvage

value.
(vi) Situation and occupancy of the premises in which

the loss occurred.
(vii) Capacity in which the insured claims ,whether as

owner, or as mortgagee.
(viii)If any other person is interested in the property

damaged.
(ix) If any other insurance is in force upon the property.

(d) In this step, if the amount of loss is small or the
claim is a simple one, it is investigated by an official
of the Company, processed and settled. If the loss
is large, or complicated, loss surveyors and
assessors are assigned the job of investigation and
report on the cause and extent of loss.

The surveyor is furnished with a copy of the claim
form, policy and other relevant information. He

then proceeds to work. His duty is to investigate

and report on the cause of loss, extent of loss,

compliance with the terms and conditions of the

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