Question

What is the maximum timeframe within which a surveyor should communicate his findings to the insurer after appointment?

a.

15 days

b.

30 days

c.

45 days

d.

60 days

Answer: (b).30 days Explanation:The surveyor is required to communicate his findings to the insurer within 30 days of his appointment. This ensures timely assessment of the claim and facilitates efficient claims processing.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is the maximum timeframe within which a surveyor should communicate his findings to the insurer after appointment?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. In case a survey report is found incomplete, within what timeframe should the insurer request an additional report?

Q. How long does a surveyor have to furnish an additional report upon receiving a request from the insurer?

Q. Within what timeframe should an insurer offer a settlement of the claim to the insured upon receiving the survey report?

Q. If an insurer decides to reject a claim under the policy, within what timeframe should it communicate the decision to the insured?

Q. Within how many days should the payment of the settled claim amount be made to the insured?

Q. In case of delay in the payment of the claim amount, at what rate should the insurer pay interest?

Q. What is the proposed purpose of the Key Feature Document according to IRDA?

Q. What is a key requirement for the language used in the Key Feature Document?

Q. Why should the Key Feature Document be a separate item and not part of other literature?

Q. What should the Key Feature Document explicitly highlight?

Q. What font size should the title of the Key Feature Document be?

Q. In what languages should the Key Feature Document be available?

Q. What is the primary goal of the Insurance Regulatory and Development Authority (IRDA) regarding insurers' guidelines?

Q. What is emphasized regarding transparency at the time of sale and promotion?

Q. What languages should forms and documents be made available in?

Q. What should the proposal form avoid?

Q. What is the primary purpose of a policy bond?

Q. Within what timeframe can a customer cancel a life insurance policy under the free-look period option?

Q. What is the purpose of the Insurance Ombudsman?

Q. What obligation does every insurer carrying on life insurance business have regarding policy lapses?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 14 Regulations of Insurance Business? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!