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What is the claim process for commercial property insurance India?

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0 2023-01-02T12:29:03+00:00

Commercial insurance is the type of insurance businesses need for unforeseen issues. Some of the common types of policy insurance are shopkeepers’ insurance, warehouse insurance, transit insurance, product and public liability insurance, employee liability insurance, marine insurance, property insurance and many more. These insurance provides safety to a business owner. Now, let’s say you have applied for insurance. And you need some money to help your business grow. At this time, you will need to find some ways to claim the insurance. Let me share with you what is the claim process for commercial property insurance India.

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What is the claim process for commercial property insurance?

If you have seen any unforeseen damage you need to contact your insurance company immediately. You can do this by contacting the 24/7 insurance helpline. You should know the process to claim the insurance and stick to the guidelines to avoid any claim rejections. The process to claim insurance and the documents needed may vary from one company to another. Here are a few steps you can follow to claim commercial property insurance.

  1. Let the insurance company know about the damage.

  2. Share the relevant data such as policy number and other documents, including duly filled in claim form.

  3. Provide witnesses such as witnesses, proofs, FIR copy, medical reports, etc. required by the insurance company.

  4. Your claim will get processed within the stipulated time or else it will be rejected.

I hope you understand what is the claim process for commercial property insurance India.

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