Section 1: Claims adjustment, interest, payments on account, etc.
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Section 1: Claims adjustment, interest, payments on account, etc.
The assured shall provide the insurer with such information and documents as are available to it and are required by the insurer for the purpose of settling the claim.
Go to Plan pageSection 2: Liability of the assured to third parties
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Section 2: Liability of the assured to third parties
If a claim in respect of which liability is covered by the insurance is brought against the assured, the insurer shall be notified by the assured forthwith. The assured shall safeguard…
Go to Plan pageSection 3: Claims by the assured for damages against third parties
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Section 3: Claims by the assured for damages against third parties
If the assured has a claim against a third party for compensation of a loss, the insurer is, upon payment of compensation to the assured for the loss, subrogated to…
Go to Plan pageSection 4: Right of the insurer to take over the object insured upon payment of a claim
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Section 4: Right of the insurer to the object insured upon payment of a claim
Upon payment of compensation for damage or total loss, the insurer is subrogated to the assured's rights in the object insured or such parts of the object insured as it…
Go to Plan pageSection 5: Limitation, etc.
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Section 5: Limitation, etc.
The assured loses its right to claim compensation if notice of the casualty is not given to the insurer within twelve months of the assured becoming aware of it.
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