Page 141 - Misc Ebook IC 78

Miscellaneous Insurance

Most of the burglary claims are settled only after a
thorough investigation by a professional claims
investigator. Since claims investigation involves a detailed
study of the books of accounts, purchases and sales
ledgers, invoicing, vouchers and the like, usually a
chartered accountant is appointed as a loss surveyor to
investigate the claim.

The surveyor is assigned the task of investigating the
cause and effect of the loss. He has to check, whether
all the security arrangements stated to have been made
by the insured when actually in place on the day of the
loss, whether all warranties were observed, whether
there was any under insurance, and whether the subject
matter insured, tallies with the goods or stock alleged to
have been lost or damaged.

The survey report then corroborates with the claim
form. The surveyors as well as the insurers maintain
close links with the police. The police report
corroborates the evidence about the event which gave
rise to the claim. The list of the stolen property and

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