Surveyor Ref: | | Date: | |
MACHINERY BREAK DOWN – SURVEY REPORT (This report is issued with out prejudice in respect of cause nature and extent of loss / damage and subject to the terms and conditions of the Insurance policy.) |
INSURANCE POLICY PARTICULARS | Name of the insurer | : | |
Name of the insured | : | | |
Policy number | : | | |
Period of insurance | : | | |
Type of policy | : | Machinery break down | |
Premises / works address | : | | |
Item insured as per policy | : | | |
Total sum insured | : | | |
Total premium charged | : | | |
Failed item covered in policy | : | Schedule serial number : | |
Sum insured for failed machine | : | | |
Initial policy excess | : | |
BREAK DOWN DETAILS | Date of break down | : | |
Time of break down | : | | |
Witness of the occurrence | : | | |
Place of occurrence | : | | |
Repair work attended by | : | | |
Amount claimed by the insured | : | |
SURVEY PARTICULARS | Survey work appointed by | : | |
Date of appointment | : | | |
Date of survey | : | | |
Place of survey | : | | |
Person present during survey | : | |
DETAILS OF FAILED UNIT | Purchase invoice particulars | : | |
Details of guarantee period | : | | |
Function of the machine | : | | |
Details of log book | : | | |
Name plate details | : | | |
Details of damage | : | |
INSURABLE INTREST | On verification of records produced by the insured, I came to know that the said failed Machine was owned by the insured and hence the insured has insurable interest in the here mentioned machine. |
ADEQUACY OF SUM INSURED | Insured value of the machine failed machine | : | Rs. |
Present cost of the new machine | : | Rs. | |
New machine quotation received from | : | M/s. | |
Remarks | : | |
ABOUT THE RISK | |
It was informed that there was no major loss / damage in the past. | |
The said machine is operated and maintained as per the recommendation of OE manufacture. |
CAUSE OF LOSS | |
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LOSS ASSESSMENT | The sudden, unforeseen physical loss / damage to the insured property had occurred during the period of insurance and due to a peril not excluded in the policy. There is no breach of warranty nor willful act / negligence on the part of insured. Hence, in my opinion the claim is admissible. I have given below my assessment. | ||||
SL No | Particulars | Qty | Estimate | Assessed | |
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SURVEYOR COMMENTS | Serial number of the failed machine was verified physically and found in order with policy copy. |
The sum insured for the damaged property is adequate / Not adequate | |
Depreciation : | |
Salvage value : | |
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In my opinion amount payable to the insured is Rs. ……………….. | |
I have received the claim papers from the insured on ………………… | |
The repaired unit was inspected by me on ………………… . Copy of invoice and payment details were collected and enclosed for your reference. |
SIGNATURE | . |
ENCLOSURES | Survey bill | Photos taken by me Nos. |
Claim intimation letter | Claim form | |
Estimate | Policy copy | |
Witness statement | New machine quotation–to check adequacy of insurance | |
Final bill with payment details | Test report after completion of repair work. |