Transcription of Claim Preparation Manual | Aon
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Claim Preparation Manual | Aon
After a major loss occurs, the primary focus of management is to restore normal Claim operations as soon as possible. However, a major Preparation loss triggers a series of business transactions that will have to be documented. Key among them is your Manual . insurance Claim . TABLE OF CONTENTS. INTRODUCTION..1 BUSINESS INTERRUPTION..9. STEPS TO TAKE IMMEDIATELY FOLLOWING A LOSS.. 2 Purpose .. 9. Segregate Charges.. 2 The Coverage Chain.. 9. Provide Good Description.. 2 Sequence of Events.. 9. Gather Supporting Documentation..3 Historical Data Manufacturing.. 9. REAL PROPERTY BUILDING/STRUCTURES.. 3 Loss Calculations Manufacturing .. 10. Structural Damage Considerations.. 3 Historical Data Mercantile/Services.. 10. Minimization of Loss.. 3 Loss Calculations Mercantile/Services.. 11. Damage Assessments.. 4 Expense to Reduce Loss and Extra Expense.
CLAIM PREPARATION MANUAL 5 Manufacturers will need to address three separate inventories. The Raw Materials, Work-in-Process, and Finished Goods inventories will need to
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