Hi guys

1.Introduction settle insurance claim

Each n every settlement of insurance claim is not a legal settlement.

Initially, the person who does business to run takes out insurance first to protect his own business against various types of natural hazards and damages.

Hence And, in other words, natural hazards such type as floods, fires, accidents, earthquakes, cyclones, etc. arise in human life and business. As a result, the natural hazards create a cause of economic fear or anxiety in a person who feels business in normal human life.

2. Legal insurance settle insurance claim

meaning In the consumer law, the buyer of insurance holder is referred to as the “consumer” and the insurance company as the "insurance provider company".

3. Legal meaning settle insurance claim

Indeed, each n every business has to spend and take care of its equipment such type of like goods, stock, furniture and property. in added,

that the main reason is why the business men buys insurance to protect the property including his own goods, stock, furniture and fictures.

4. Legal situation settle insurance claim

Another key point under the consumer law, an insurance policy is a written agreement between two parties. without a doubt to say first the insurer and the insurance company. So mention in details, means w the policy is binding on all the parties of insurance. next in view vis a vis to be sure first buyer of the insurance and the company sale the insurance service. On condition that by all means the insurance company cannot escape from terms and conditon of insurance law. in light of as a result, in the sens its legal duty.

5. Legal incident

If a fire or accident occurs due to a natural cause in insured business premises, alt while it may be true the business property can damaged same that is insured through the business person in resulting on financial loss.

In such a case, on the contract the insurance company is obliged to full and final pay claim to the insured businessman in view of the loss incurred by the trader due to the natural calamity. In view of the insurance company can make the necessary inquiries and investigations for the said event for noms.

 If, the insurance company finds the claim genuine after that comply the investigation . In added the insurance company is ready to pay compensation bacouse of. Otherwise, the claim is rejected from the comp.

6. Legal settlement

On the positive side too in such a stressful situation, on condition that the insured has to resort to accepting such a partial amount as there is no other option but to accept the claim amount with objections.

Sometimes the insurance company creates pressure on the insurer to accept his partially approve the claim. as much as and then the insurer accepts the objectionable amount by validating such a partial claim. The insurance company adopts innovative techniques to force the acceptance of a partial amount of the claim to the insurer.

Now the question arise in the mind of the insurer whether I have the right or entitlement to get the partial compensation due from the insurance company after receiving the objection claim ?.

Answer: Yes, you can do it

7. Legal option

As soon as the above situation occurs, the insurer has two legal options. On the one hand, the first option is to file a lawsuit against the insurance company. And the other option is to accept the partial amount of the claim from the insurer.

8. Lawyer

with attention to, If the insurer decides to challenge the legality of the arrears of a partially paid claim in a consumer court, in the same way the insurer must first appoint an experienced and expert consumer lawyer.

9. Legal support

The insured should appoint a lawyer to obtain legal help for arrears of a partly paid claim. After that, appoint of lawyer for get your claim reject on insurance.in the hope that , hand over all the claim papers to the lawyer by you, and talk necessary legal issues from your insurance claim. Filing a legal suit in the consumer court through a lawyer.

10. Legal reference

The said article prepared and written on basis of M / S Ambika Knitting Mills Versus New India Assurance Company Limited - Gujarat State Consumer Commission judgement.

11. Legal conclusion

Meanwhile, The insured should file a legal suit against the insurer without any hesitation if the insurer forces him to accept part of the claim amount from the comp. without any legal reason regard claim from inst.

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