is fire insurance or medi claim (health ins) or motor insurance or life insurance which of them is a contract of indemnity
So if anything were to happen to your business e.g a fire then you can use the insurance claim to fix it
fIRST THE GODOWN KEEPER HAS TO DISCHARGE HIS LIABILITY AS BAILEE THEN THE INSURANCE CLAIM CAN BE PAID
All you need to do is call your Insurance Company and ask for the claims department. You can report your loss by phone.
Treatment of goods lost by fire etc. and insurance claim thereof :--Goods worth Rs. 10,000 lost by fire. Insurance claim is yet to be received for Rs. 6000.In this circumstance, goods worth Rs.10,000 (which is lost by fire) is to be credited in trading account separately ( not to be clubbed with closing stock).Then since Rs.6000/- is to be received by insurance claim. (so we are not received ,we have to receive)so this should be posted at asset side of the balance sheetRs.4000/- to be debited in profit loss account.(Because its a loss)
The obvious answer is after an accident, theft or fire. http://activeinsurancecompany.co.uk/
Dr Cr By: Loss by fire A/c 2000 By: Insurance Co A/c 10000 To: Goods destroyed by fir A/c 12000
Sorry, the driver with no insurance can claim of your insurance. He/she has no legal right to lodge such unauthorised claim.
Or nothing at all. You owned the house at the time of the fire. It was YOUR property that was damaged, and you owned fire insurance to cover yourself against a loss from fire. When you sold your fire-damaged home, you took a hit on the sale price: you didn't get as much as you would have had the house been perfect. You are entitled to whatever the claim adjuster estimated the cost of the repair would be.
Selling your car with insurance claim pending, will simply null and void your insurance claim. Because your damaged car can be subjected to inspection by the Assessor of the Insurance Co. for assessment of the insurance claim any time.
How much increase auto insurance after claim
That will be based on the insurance policy. They typically specify the time frames in which a claim must be filed.