Here Are Some Duties And Responsibility , Insurance Surveyor Must Aware of .
Check Claim Legitimacy
The Surveyor and Loss Assessor must examine, inquire, investigate, verify, and check all the possible causes and circumstances of the claim losses. This includes the following:
- Extent of Loss
- Nature of the Ownership
- Insurable Interest
Surveying and Assessing
The Insurance Surveyor must conduct spot and final surveys whenever necessary. It must also analyze and submit the franchise, its excess or under insurance, and other matters. The Insurance Surveyor and Loss Assessor must estimate, measure, and determine the quantum and description of the subject under which loss has occurred.
Insurance Surveyor and Loss Assessor: Advisory to all
The Insurance Surveyor and Loss Assessor must suggest to the Insurer and the insured the following to avoid further losses:
- Loss Minimization
- Loss Control
- Security
- Safety Measures
Insurance Surveyor and Loss Assessor: Claim Admissibility
The Surveyor and Loss Assessor must comment on the claim's admissibility. It must also assess the company's liability in accordance with the insurance policy terms and conditions.
Surveying and Assessment
The Surveyor must survey and assess the loss on behalf of the Insurer. It must also satisfy the queries of both parties and entities. The Assessor must recommend the following to the Insurer:
- Applicability of Depreciation
- Percentage
- Quantum of Depreciation
The Insurance Surveyor is also expected to give reasons for repudiation if the policy does not cover the claim. The Surveyor and Loss Assessor must arrange for an expert opinion if required.
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