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Tuesday, June 18, 2013

What Are The Documents Required For Commercial Marine Insurance Claim?

The procedure regarding making claim for the Commercial Marine Insurance from Bharati AXA General Insurance is quite easy and simple. During making the necessary claim one has to furnish certain necessary documents for the purpose of verification.
Documents required
  • A claim form that is duly filled and signed by the insurance holder
  • Original certificate or the policy.
  • Short Landing certificate.
  • Packing List.
  • Bill of Entry (Quadruplicate copy).
  • Ship Survey Report (In case when the goods are delivered in damaged condition).
  • Suppliers' Invoice.
  • Port survey report (when the consignments got damaged at the port of discharge but were delivered in sound condition from the originating port).
  • Photographs of the damaged insured property.
  • A copy of Application that is filed with Customs regarding the refund of Duty, if required.
  • Different copies of Correspondence that were exchanged with the suppliers regarding the short packing (if required) and/ or pilferage claims.
  • Copy of Claim Notice served on the Port authorities or carrier or customs authorities.
  • Copy of correspondence along with the Port authorities or carrier or customs authorities.
  • An authentic Lost Overboard Certificate issued by the Port Trust and countersigned by the master of the steamer or vessel agents regarding the Sling Losses or Loss Over Board.
  • A detail letter of Subrogation cum special power of Attorney.
  • Repair Bills (Original) with receipt or Proforma Invoice for determining the value of items damaged or lost.

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