Policy Structure & ProvisionsCâu 463 / 474
A proof of loss filed with the insurer is best described as:
a.The adjuster's own estimate of repair costs
b.A receipt showing that the premium was paid
c.A sworn statement of the amount claimed
d.The insurer's written offer of settlement
Giải thích
A proof of loss is the insured's signed and sworn statement setting out the time and cause of the loss, the interests of the insured and of others in the property, and the amount being claimed, with supporting records. It comes from the insured, not the insurer, which is why the settlement offer and the adjuster's estimate describe other documents. The time allowed to file one is set by law where the policy is issued.
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