Deduction of insurance claim on account of non spot survey
vinod bansal
(Querist) 27 September 2010
This query is : Resolved
R/Experts
My vehicle met with an accident,spot survey could not done due to some unavoidable reasons,now insurance co. has deducted 25% amount from net assessed claim amount from my own damage claim case.Is it lawful,kindly help.Thanks
mahendrakumar
(Expert) 28 September 2010
unless the terms of your poilicy say so,it is illegal from company side.
Kiran Kumar
(Expert) 28 September 2010
depends upon terms and conditions of the policy.
s.subramanian
(Expert) 28 September 2010
You are bound by the terms and conditions of the insurance policy.
N.K.Assumi
(Expert) 28 September 2010
But I am wandering as to how claim was entertained without the surveyor report? Can it be possible to entertain a claim without the Surveyor report? Is Surveyor Report mandatory or only directory?
Raj Kumar Makkad
(Expert) 28 September 2010
Spot survey and rough survey are two different things. Only spot survey was not done so claim can be entertained. So far as deduction is concerned, definitely the terms and conditions of the policy and subsequent survey report play vital role so nothing can be commented until all the terms are brought to light.
sanjeev kumar goel
(Expert) 28 September 2010
I do agree with Mr. Raj Kumar Makkad's views.
Devajyoti Barman
(Expert) 28 September 2010
The terms and condition of the policy is the key.
