We have empanelled IRDA licensed surveyors to assess the different types of claim. Financial Limits Of Categorized Surveyors & Loss Assessors.
Rs. in Lacs.Department |
Category A |
Category B |
Category C |
FIRE |
Above 5 Lacs. |
5 to 20 Lacs. |
Below 5 Lacs. |
ENGINEERING |
Above 2 Lacs. | 2 to 7.5 Lacs. |
Below 2 Lacs. |
MOTOR |
Above 1 Lacs. |
1 to 2 Lacs. |
Below 1 Lacs. |
MARINE CARGO |
Above 3 Lacs. |
3 to 7.5Lacs. |
Below 3 Lacs. |
MISCELLANEOUS |
Above 3 Lacs. |
3 to 7.5 Lacs. |
Below 3 Lacs. |
MARINE HULL |
Above 10 Lacs. |
0.50.5 to 10 Lacs. |
Below 0.50.5 Lacs. |
NOTE:
Category A surveyor will be eligible for jobs falling under the financial limits of Category B but not Category C. Similarly Category B surveyor will be eligible for jobs falling under the financial limits of Category C.
Category C surveyor shall not be eligible for the limits of Categories B and A. Similarly Category B surveyor shall not be eligible for the limits of category A surveyors.
Financial limits are based on the estimated value of the loss in the opinion of the insurer.
