INSURANCE CLAIMS


Delegated Staff:
Creditors Clerk & Financial Manager.

1.     Employee must report motor vehicle accident or loss of company property to the departmental or branch manager immediately.

2.     Employee must report accident or loss of company property to the nearest police station within 24 hours after the incident and obtain a case number from the S.A.P.D.

3.     Motor Vehicle (Stolen / Accident)

§  Employee must submit the following detail to the Assistant accountant for completion of the insurance claim form:

§  Copy of identity document with ID number

§  Copy of front and back side of drivers license

§  Case number of S.A.P.D. where case was reported

§  Statement of employee describing in detail how accident / loss of property occurred

§  Sketch of accident with all details

§  Two (2) quotations from panel beaters

§  Machines

§  Damage Claim Report

§  Statement of Property Damaged

§  Damage Report

§  Replacement Value invoices from Nashua Ltd

§  Proof of purchase

§  Interested Party

§  Other

§  Damage Claim Report

§  Statement of Property Damaged

§  Damage Report

§  Replacement Value invoices from Nashua Ltd

§  Proof of purchase

§  Interested Party

4.     Claim form can now be completed and submitted to our insurance brokers

5.     Assessors from insurance company will assess the damage / loss before repair / replacement of the goods.

6.     After payment of excess as determined by insurance company the motor vehicle will be released by the panel beaters or goods will be replaced by service provider

7.     If lost goods are not replaced by the insurance company, the company will receive a cheque equal to the assessed value of the lost goods as determined by the assessors that was appointed by the insurance company.

8.     If a motor vehicle is not economical repairable, the insurance company will write it off and the same procedures as in point 7 will apply.

 
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