Sunday, July 5, 2009

Fraud in motor claim

Now a days so many people are taking new policy for insurance coverage after the accident took place with the help of insurance agents.. Issuing new policy without seeing the vehicle and taking photograph are common. It s very easy in Cholamandalam M.S insurance and HDFC Ergo.. As a Loss Assessor we are facing 2-5 such claims monthly .

Also Transfering of policy names after the accident tookplace ( before inspecting the vehicle) is common and are also increse claim ratio...
jk
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7 comments:

  1. NithinJuly 8, 2009 at 7:52 AM

    What do you do when you face such claims ?

    ReplyDelete
  2. A loss assessor viewSeptember 28, 2009 at 6:19 AM

    The claim will repudiate and inform to Insurance company...as soon as possible..

    And They will give an Award .. like .. Terminating from there panel.. and avoid from giving new assignments / works........

    ReplyDelete
  3. Future Steel BuildingsMay 27, 2010 at 9:56 AM

    No one can cheat HDFC ergo now , because they have made strict Pre-inspection before issuing policy..

    ReplyDelete
  4. A surveyor & Loss Assessor from KeralaJune 11, 2010 at 9:41 AM

    Very good guidance for new Surveyor and Loss Assessors, 100s of letters and formats, court orders for helping assessment. Forums for surveyors

    ReplyDelete
  5. Peter gervaisJuly 7, 2010 at 11:14 PM

    Good assistance. I think the claim will not accept and inform to Insurance Company as soon as possible. They can do any thing they like.

    ReplyDelete
  6. NashJuly 23, 2010 at 12:17 AM

    Good Guidance. It is very difficult to handle such situations. But do tell us how did you overcome such instances.

    ReplyDelete
  7. accredited online phd universitiesAugust 5, 2010 at 2:49 AM

    Good help. I believe the claim will not allow and inform to Insurance Company as soon as possible.

    ReplyDelete

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