Insurance Surveyors and loss Assessors License

Insurance firms are set up to cover losses of individuals and companies. Insurance is a system of indemnity in which the insurance firm would indemnify the party in case of loss or other forms of financial burden.  When the policyholder takes out insurance for a property, the insurance company will send an insurance surveyor to calculate the amount of loss. Once this occurs, the insurance company would enter into a contract with the policyholder setting out the terms of the contract and the insurance payable to the policyholder.  Surveyors and loss Accessors are appointed by insurance companies to determine the amount of actual loss in happening of events which are beyond the control of the parties.

Insurance Surveyors and Loss Assessors are appointed by insurance companies that insure fire, property, and other risks caused to the insured. Insurance Surveyors and Loss Assessors act as an intermediary between the insurance company and the insured. Indirectly they help in quickening the claim process related to the loss caused to the insured.  Insurance Surveyors and Loss Assessors Licence is required by an individual or a company wanting to practice as an Insurance Surveyor and Loss Assessor. .