Download Tag: CLAIM SETTLEMENT

ABSTRACT A study of the detection and checks of claims fraud operation starts from the propose insured who offers a business contract to the insurer by completing the proposal form questions with appropriate answers. The insurer on the often hard inspect the paid of the insured before the insured could course for the settlement of claims and the policy holder should come for the claim, immediately the loss has been ...

CHAPTER ONE 1.0 BACKGROUND OF STUDY The saying “HAD I KNOWN”, is a frequent question of the human race. The phrase can be induced or possibly eliminated if human beings can foresee or visualize what would happen in future. Life itself is full of risks and uncertainties abound. Every individual faces risks, either of personal nature or business nature. A businessman for instance faces the risk of his goods being ...

ABSTRACT Insurance industry plays active in economic development of any nation. No developed or developing nation can do without insurance. For the proposed insured to be covered there must be a consideration. It is this consideration that is called premium, the law of Insurance States that no cover without premium on the other hand, as far as insurance is concerned. There is no tangible product to test, what the insured ...

ABSTRACT The aim of this research study is to appraise the Nigeria insurance companies approach to claim settlement. A study of Africa Alliance Insurance company in East Central region. The objectives of this research work include the following: To find out if illiteracy or ignorance of the insuring public affect the ability of the insurers to settle, claim to find out if under settlement is common. The related literature review ...