Settlement of loss

Settlement of loss - the computation of the amount of damage to be reimbursed by the insurance case. Usually, a settlement is adzhaster losses with the insurance broker. The basis for a settlement of damages claims benefits.

Adjuster - a natural or legal person representing the interests of insurance companies in dealing with the settlement of claims reported to the insurer in connection with the insurance case. Adjuster trying to reach an agreement with the insurer on the amount of insurance payable on the basis of the insurer commitments made by the prisoner of insurance contract. Adjuster could serve dispashera and emergency Commissioner.


Claim paied payment from the insurance fund to cover damage to property insurance and liability insurance for the insured property damage to third parties.
Amount of indemnity can be equal to or less than the amount of insurance it because of the particular circumstances of the case and conditions of the insurance contract.
The reason for the payment of insurance Adjuster a conclusion on the fact and circumstances of the insured event.