Q. Why do insurers' officials visit the scene of loss in major losses?

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Q. What is the purpose of "On account payment" in non-life insurance claims?

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Q. What is the purpose of "Discharge vouchers" in insurance claim settlements?

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Q. In which situation does the sum insured under a fire policy stand reduced?

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Q. What happens to a personal accident policy after the payment of the capital sum insured?

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Q. How does post-settlement action in non-life claims relate to underwriting?

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Q. What is "Salvage" in the context of insurance claims?

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Q. How do insurers recover losses from third parties who may be responsible for a loss?

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Q. What common reasons might lead to disputes between insurers and the insured regarding claims?

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Q. What is the condition "Arbitration" commonly found in insurance policies?

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Q. In non-life claims, what happens to damaged property referred to as "Salvage" after a claim is settled?

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Q. What is the main purpose of arbitration in settling disputes arising from contracts?

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Q. Who can conduct arbitration in dispute resolution?

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Q. In insurance policies, which types of disputes are commonly subject to arbitration?

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Q. What is the typical role of an Umpire in the arbitration process?

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Q. Under what circumstances are disputes about liability typically settled in insurance claims?

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Q. What is the purpose of mentioning the grievance redressal mechanism in insurance policies as per IRDAI regulations?

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Q. In personal lines of business insurance, what can a dissatisfied insured do to resolve their issues?

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Q. Is the decision of an Insurance Ombudsman binding on the insured?

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Q. Where can one find the details of the Insurance Ombudsman's office?

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