one of the steps taken by an insurer in claim settlement is to?

  • A investigate the loss
  • B assess the risk
  • C present a claim
  • D appoint loss assessor
waec 2018insurance

The correct answer is B. assess the risk

Once you are injured in an accident, receiving compensation is more than just a simply filing a claim with the guilty party’s insurance.

Most of the time, there will be negotiating involved with the insurance company along with an extensive investigation of your claims. After all of this, insurance companies may still low-ball your claim, and knowing how to proceed can be very important.

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