Page 263 - Fire Insurance Ebook IC 57
P. 263

The Insurance Times

              aspects relating to the loss.

         To facilitate an adequate investigation, the surveyor has
         to follow a logical and orderly process which may
         consist of the following steps:
         (i) A thorough examination of the policy and its

              coverage.
         (ii) Inspection of the scene of loss and examination of

              the property destroyed or damaged to determine
              the cause of loss and extent of loss, to render advice
              to the insured to minimize loss and protect salvage.
         (iii) Examination of books of accounts and other records
              to arrive at the correct values of the property
              insured and property damaged or destroyed.
         (iv) Examination of other records or reports covering
              the occurrence of loss.
         (v) Preparation and submission of preliminary, interim
              and final reports.

Q5. Role of a surveyor in examination of policies.

Ans. There are several steps a surveyor has to follow to

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