Fire accident in a shop

First you satisfy the Fire Estimating Officer of  Cholamandalam Insurance Company, it means that you to submit the documentary proof showing  that you have goods worth of 52 Lakhs as claimed by you at the time of fire accident. Even after submitting the above said documentary evidence to the said officer, if he suggests for  Rs.7 Lakhs and then there should a reason to claim excess. First you reply the querry. 

With proper proof of estimated loss and assessment thereof by the Insurance assessor, with a copy of Insurance policy you may claim compensation appropriately from Insurance company.  Before that see the value of the policy, i.e., you verify from the policy document as to what is the sum assured and whether you have paid premiums regularly and the policy was in force as on the date of fire accident.