MANAGEMENT

Detailed explanation-1: -Fire Claim Properly filled and signed the claim form. A List of damaged contents or items. Newspaper cuttings/Fire Brigade report/Panchnama. Photographs of the damaged site and/or goods.

Detailed explanation-2: -A person or company may be “acting in bad faith” if they intentionally fail to act according to a contractual agreement or if they never intended to fulfill that agreement in the first place. If an insurance company does not respond to your claim, it can be considered bad faith, and you can sue them.

Detailed explanation-3: -Health Insurance-Coverage designed to protect against financial losses resulting from sickness or accidental bodily injury.

Detailed explanation-4: -Bad faith insurance refers to an insurer’s attempt to renege on its obligations to its clients, either through refusal to pay a policyholder’s legitimate claim or investigate and process a policyholder’s claim within a reasonable period.