Page 280 - Fire Insurance Ebook IC 57

Fire and Consequential Loss Insurance

in the area, general labour situation etc.
(vii)Previous losses suffered by the Insured, whether

covered by insurance or not.

b. Insurable interest - In the majority of cases, insurable
interest is evidenced by sole ownership or additional
interest of a bank or a financial institution. In certain
other cases, the surveyor has to report on:
(i) Interest of others through assignment etc.
(ii) Interest of lessees/ lessors etc.

c. Circumstances and causes of loss - In this section,
information is given as to the time, place and cause
of loss, who discovered the loss and when, who
raised the alarm and when was it reported to the fire
brigade, and by whom.

The exact cause of loss needs to be given. If the cause
is unknown, then the surveyor will have to give his
opinion whether the fire was accidental in origin.

This section should also include information as to which
part of premises in which the fire originated, what

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