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Questions and Answers
What is the recommended action in case of a claim due to the mentioned perils?
What is the recommended action in case of a claim due to the mentioned perils?
- Delay informing the police and fire brigade to first protect the damaged property
- Wait for the insurance surveyor before taking any action
- Do not protect or minimize the loss as it is the responsibility of the insurance company
- Inform the police and fire brigade immediately (correct)
What is the purpose of submitting a police report and photos when claiming due to perils?
What is the purpose of submitting a police report and photos when claiming due to perils?
- To delay the claim process
- To provide proof of damage or loss (correct)
- To avoid informing the insurance company
- To expedite the investigation process
What does the policy excess of Dhs.2,500/- for Each and Every Loss imply?
What does the policy excess of Dhs.2,500/- for Each and Every Loss imply?
- The policyholder is responsible for all losses regardless of the amount
- The insurance company will cover all losses exceeding that amount
- The policyholder will not bear any costs for losses below that amount
- The policyholder needs to pay the first Dhs.2,500/- of each loss (correct)
What should be done to damaged property till the Insurance surveyor arrives?
What should be done to damaged property till the Insurance surveyor arrives?
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In case of a loss due to storm, water, or hail, where does it specify the damage should occur?
In case of a loss due to storm, water, or hail, where does it specify the damage should occur?
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What types of losses are covered under 'the freezing or solidification of molten material'?
What types of losses are covered under 'the freezing or solidification of molten material'?
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What is NOT included in the list of costs covered by insurance according to the text?
What is NOT included in the list of costs covered by insurance according to the text?
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'Our Price (premium)' depends on which factors according to the text?
'Our Price (premium)' depends on which factors according to the text?
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