Fire Insurance Underwriting Aspect Policy: 5 Things you should know before buying / renewing

[@dharmeshkumar4080]

Underwriter quotation banate samay occupancy ki pehchan kaise kare, occupancy ke related koi video jarur banae

[@shahalpesh3396]

Please give knowledge about first loss

[@nikhilverma6457]

Very well explained!

[@devender0790]

Can you explain local authority clause..?

[@vikrantdhapa]

Great work guys... And i appreciate the hard work you did on research and gathering information...

[@malkhansingh840]

Plz make a video on shop insurance and how calculate the premium plz tell

[@luckybhanupriya7]

Sir pls make more videos on general insurance products

[@InsuranceTechnical]

Thanks for you comment, what kind of topic you are looking for, plz. suggest few topics. I will definitely make video on that.

[@ShahnawazKhan-td3jm]

​@@InsuranceTechnicalhow to identify type of risk or occupancy...n similar types videos.

[@machone2858]

Reinstatement value pe Sum Insured sirf tab lena chahiye jab aap RIV clause pe policy khareed rahe ho..nahi to isme extra premium lagega or aapka nuksaan hoga..agar aapki policy Market value pe hai to..depreciated Cost leni chahiye

[@dejunkumarrout6849]

Thanks

[@sharanjeetsingh8567]

Wonderful work ..keep it up

[@InsuranceTechnical]

Thanks ..

[@parthamukherjee1537]

Very good

[@VishnuSharma-um1zy]

Please note that there is nothing like cost of alternate accommodation cover. As per standard fire and special perils policy the correct add-on is additional rent for alternate accommodation that means if you to shift to a different accommodation during the period of repairs whatever is the difference of rent that only shall be reimbursed by the insurance company. Your video gives an impression that the insured shall be in a position to recover 100% of the rent paid by him which is not correct.

[@InsuranceTechnical]

Many thanks for your comment. Can you please advise what if someone is living in his own house.

[@VishnuSharma-um1zy]

@@InsuranceTechnical Very good question you have asked. The standard fire policy provides that in case somebody is staying in his own house then the notional value of the rent as per local municipality norms shall be found and considering that value additional rent shall be paid. For example if the notional value of rent of my house as per local Municipal norms comes out to be rupees 20000 per month and if I shift to an alternate accommodation where I am required to pay rupees 25000 per month then I will be paid a sum of rupees 5000 only under this add-on on cover in the event of a loss or damage to my property.

[@VishnuSharma-um1zy]

I I have also started my free learning channel in the name of vpinsupedia. You can see at least 15 videos uploaded in respect of fire engineering and business interruption policies based on my 34 years of experience in general insurance industry.

[@InsuranceTechnical]

Got it sir, I am one of your subscriber. There is no doubt about depth of your knowledge and you are really doing great job for insurance professionals. I am working on KZbin with a different purposes, Insurance sector is flooded with complex and technical training. It is difficult for Common people to understand it, my purpose is to represent the insurance to Common people in simple language.

[@InsuranceTechnical]

Sir, please drop your contact number, I really want your channel to grow.

[@priyasingh12]

Very nicely explained ✌

[@InsuranceTechnical]

Thanks

[@nishmithasalian2250]

Does reinstatement and replacement mean the same?? Or is there any difference?

[@InsuranceTechnical]

Both are same

[@nishmithasalian2250]

@@InsuranceTechnical thank you Sir ☺️

[@machone2858]

No..both are not exactly same..but some times u can consider them to be same

[@shamalikesarkar1139]

Sir wl u plz explain STFI cover in brief

[@Playbeats69]

Good info ✌️ keep it up 👍🏻

[@jaisgautam1]

Sir, my car get destroyed in workshop. Can i can file insurance claim through my car policy ?

[@InsuranceTechnical]

Yes you can

[@Jibovlogbop]

Lodging hotel ka insurance policy kese lega ??

[@yilmagebrie476]

is malicious damage covered by standard policy?

[@InsuranceTechnical]

Yes it is covered.

[@machone2858]

Yes it is covered under RSMD cover

[@faizanalam7715]

What is STFI COVER

[@InsuranceTechnical]

Storm, tempest, Flood, inundation

[@rakeshchaudhari6309]

Add-on cover list sir plz give me

[@ravikantsharma6561]

Thanks