Claims are an essential part of the Insurance Policy. An insured is entitled to claim only if the claim filed is strictly in accordance with the Claims Procedure of the Company. There may be slight variation in the procedure but generally the essential remain the same.Claims are settled under the liability clause. The personal injury may be a result of third party’s negligence, a road accident, slips fall or negligence in medical procedure. There is a hoist of legislation on these happenings. The Insurance companies underwrite losses arising due to any of these incidents. Benefits to the claimant may also be covered under legislation in these areas. Three importance things to know before making a personal injury claim are as follows:
A claimant needs to know the extent of risks covered in the policy. A personal injury may range from minor to major.An injury may also cause a capital loss of limbs which may need compensation for replacement or plantation of artificial limb till restoration.A and may include consequences including economic consequences arising on account of personal injury. Before filing a claim it is essential that the claimant is well versed with risks underwritten by the insurance company. Injuries may lead to disabilities including partial and permanent causing economic loss also. It is therefore imperative that the risks covered under personal injury claims are well understood by the claimant. The basic policy document issued provides complete details in this regard. A claimant is expected to have gone thoroughly through this policy document determining the extent of liability undertaken against premium. Ignorance to the details may result in lesser claims.Once the claims determined are accepted by the claimant the Insurance Companies are absolved of their liabilities. The amount of claim should therefore be in conformity with the policy.
Before filing a claim the applicant should be aware of the procedures of the claim. Particular care is required on the medical reports determining the extent of personal injury. The examining consultants should be on the panel and all necessary records including appointment, investigations and finding should necessarily be enclosed. Due care should be exercised to see that the report does not leave any ambiguity. Since the claim involves finances legislation pertaining to limitations in claim filing should be well understood. Claims should not be made too early nor too late. It should be filed when it is mature. This aspect needs a professional review. Depending upon the extent of claim companies may like to avail of the services of professional loss evaluators in this regard. It is also recommended to get consultation from a personal injury lawyers adelaide.
The happening of a particular event leads to the liability of the insurance and success of the claim application. This aspect, therefore, needs a professional approach. Instead of handling the matter personally professional services of risk and loss evaluators or claim experts should be hired. Any minor slip of document may lead to rejection of the claim which may not be affordable. Therefore, all possible slips need to be addressed first.