MANAGEMENT

Detailed explanation-1: -The claimant must submit the written intimation as soon as possible to enable the insurance company to initiate the claim processing. The claim intimation should consist of basic information such as policy number, name of the insured, date of death, cause of death, place of death, name of the claimant.

Detailed explanation-2: -Property and Casualty Claims A claim filed for damage from covered perils is initially routed via the Internet to a representative of an insurer, commonly referred to as an agent or claims adjuster. Unlike health insurance claims, the onus is on the policyholder to report damage to a deeded property they own.

Detailed explanation-3: -Personal Accident claim Properly filled and signed the claim form. The insurance policy copy. FIR of the accident & in case of a death claim, a Post-mortem report. In case of a disability claim, a doctor’s certificate. Certificate of Death.

Detailed explanation-4: -Claim settlement is the process by which an insurer pays money to the policyholder as compensation for an accident or vehicle injury. Tools exist that allow you to automate the entire process. Claim Genius too has a wide array of AI-based tech for automating the claims settlement process.