Assessing Losses Caused by Vandalism
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To download Assessing Losses Caused by Vandalism case study
(Case Code: INS003) click on the button below, and select the case from the list of available cases:
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details:
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Price: |
| Case Code |
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INS003 |
For delivery in electronic format: Rs. 100;
For delivery through courier (within India): Rs. 100 + Shipping & Handling Charges extra
Themes- |
| Case Length |
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03 Pages |
| Period |
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2003 |
| Pub Date |
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2003 |
| Teaching Note |
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Available |
| Organization |
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Varied |
| Industry |
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Insurance |
| Countries
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India |
Abstract:
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The case discusses the issues involved in the insurance coverage for intentional
or malicious destruction of property. The process for investigating the
genuineness of a claim is described. The case also examines the duties of an
insured following a loss due to vandalism. The determination of the amount of
loss and guidelines for valuing the property damaged are also discussed. The
case also focuses on the conflicts that arise between the insurer and the
insured during claims negotiations.
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Issues:
» Understand the concept of vandalism and the issues involved in insuring
property against vandalism
» Understand how a claims adjuster assesses the amount of loss caused by
vandalism
Keywords:
Issues, insurance coverage, intentional, malicious
destruction of property, investigating, genuineness, claim, duties, vandalism,
amount of loss, valuing the property, conflicts, insurer, insured
Assessing Losses Caused by Vandalism
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