Formal application for the claim: Claim Registration form

Basic checks for the validity of a claim are:

• Claim date is valid: If policy is in-force on date of loss?

• If Risk is covered under the policy?

• If Loss claimed is within the deductible limit?

• If there is any Duplicate claim?

Details provided are:

• Policy details and cause of loss

• Risk details: Insured Object and Damaged Object

• External evidence

• Typical Documentation: Proof of loss, police report, and bills

Preliminary estimate of the loss, a Claims Loss Reserve

Registered Claim