30/03/2026
This is Part 3 of Knowledge Series on Fire
In this video our Senior Vice President Mr. Gurdip Narang with our Director Mr. Keshav Jain, discussed on Fire related claims with an example: Suppose a property has a fire policy with an actual value of 10 crore. However, it is under-insured for only half that amount—5 crore. If a loss occurs and a claim of 2 crore is filed, what will be the impact on the claim amount?