Insurance Claim

Parveen Jain (Querist) 08 March 2011 This query is : Resolved
We have a Money Insurance Policy with Oriental Insurance Co. ltd.in Nov 2010 we Loss Rs.400000/-in Theft From Wooden Drawl in Our Shop.The Insurance Co. Reject Claim that Cash Stolen From Wooden Drawl and not for safe.I wants to know that what is the defination of safe.insurance Policy not give any defination mention only Cash in Safe.and Now what we do

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Nagaraja B S (Expert) 08 March 2011

Dear Mr. Jain,

It will be advisable to go through your Insurance Clause or terms & conditions. Ideally they will consider " theft of cash" might not be covered under the clause. It will be only fire & theft (for goods)in your shop or godown.

However, it will be advisable to check the Insurance clause again.

For more details Contact

Nagaraj
Trademark Attorney & IP Lawyer
IP Lex Global Services
Email: nagaraja_bs@iplexglobal.in

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