Conditions for Reinstatement policy issuance for a factory

by josekerala » Fri Dec 24, 2010 02:56 pm

I would like to know which are the condition to be fulfilled for getting a reinstatement fire insurance policy for a factory building and machinery.How the Sum insured to be arrived for an old building as well as an old machinery. Regarding claim settlement of these old building and machinery, whether any amount will be deducted if it is a total loss. Kindly let me have a reply.

Total Comments: 1

Posted: Sat Dec 25, 2010 08:41 pm Post Subject:

Find a local agent/broker to work with. This is far to complicated to answer here, we know nothing about the structure, the equipment, the inherent risks, etc. It must be seen first hand.

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