MD (Machinery Damage) & BI (Business Interruption)
AMOUNT - RS. 5.5 CRORE
CLIENT'S SITUATION
The loss and site of loss was analyzed by a leading surveyor of India. In his report & assessment shared to the client he made a number of deductions in the expense sustained by the customer on re-instating the project and damages on basis of several undue reasons.
Even B.I. ( Business interruption ) loss was not calculated rather. The method adopted by the surveyor & insurance company for computing general practitioner and loss during the interrupted period resulted in under-assessment ( Less amount).
The client was not satisfied & feeling helpless to present and discussed with surveyor for the BI Loss assessment and selected us .i.e Allclaiminsurance to take up the situation with the surveyor & Insurance company which we had done by preparing proper claim documents and justification for the losses he incurred i/c presenting all the financial in the way to get justified claim amount.
“We provided comprehensive support to our client throughout their project, including managing surveyors on-site, guiding them through documentation procedures, reviewing submissions prior to surveyor review, compiling a fixed assets register, and assisting with claims bill preparation. Our efforts successfully cut down the claims processing time from 6 months to 3 months.