FAQ-Answers

Is the Insured responsible for Loss Minimisation?

Even when a property is insured, it is the responsibility of insured to take all reasonable steps to protect against or minimise the loss. Every insured is expected to behave as though he is “a prudent uninsured”. If the insured neglects to take such steps, as per the policy condition of “Negligence”, the claim can be repudiated or partially allowed.