Insurance

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Pre-written Papers:

Title: Insurance

Essay Details:

Subject: Business

Author: Michelle J

Date: June 9, 2015

Level: University

Grade: A

Length: 3 / 828

Essay text:

The complaint must be referred to the Pensions Ombudsman within three years. 2. Role of loss adjuster Loss Adjuster's prime function is to evaluate the cause and extent of damage and agree a claim settlement. Their role is to process the claim from start to finish, to ensure that the interests of the insurer are preserved, and to minimize the extent of the loss if possible. He can also be of considerable help to the insured, and has the knowledge and experience to advise on loss minimization, rebuilding and repair. Information a loss adjuster will provide to the insurance company: It is important for the Loss Adjuster to establish the cause of damage and thereafter, he or she will be able to confirm to the insurer whether the cause of damage is covered by the terms of policy and assessing the validity of the claim...

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