The notion of insured is linked to the verb ensure : make something fit firm or safe . The concept is often used with reference to the good that has the protection of a insurance policy .
The insurance policy is called contract which forces the insurer to pay a certain amount of money to the policyholder safe when one of the contingencies provided for in said contract occurs. The policyholder, meanwhile, must pay a premium to the insurer to be protected.
Through these types of policies, a person can insure different kinds of goods: a house, a car, a computer (computer), etc. Whenever you pay the cousin agreed, the corresponding assets will be insured according to the conditions detailed in the contract.
Suppose a man decides to secure a car against everything risk . This means that, if your insured vehicle , or if it is damaged by an act of vandalism, to cite two possibilities, the insurance company will pay an amount as compensation.
Of course, the process is much more complex, since it never goes directly to the payment of compensation without first conducting the expert's assessment. Sinister . This procedure consists of entrusting to a specialized professional the valuation of the damages that the insured good has suffered, in this case a car, although in the first place to know if it is a legitimate case or an attempt of thymus on the part of the client .
Among the most important functions of proficient The following are found:
* determine whether the damages that the insured has declared may have been generated by the exposed causes of the accident;
* assess the damages from an economic point of view and propose an amount as compensation;
* carry out quality control after the work of repair , to verify that the workers have proceeded in accordance with the appropriate safety standards and that the result is consistent with what the company has promised the insured.
Once the expert determines that the incident is valid, he must calculate the amount necessary to compensate the client in accordance with the provisions of the contract, something that usually leads to the latter's dissatisfaction. It is important to highlight that company Insurers have the obligation to carry out an objective and impartial study of each incident, although in practice there is the idea that they always try to defraud their clients.
In the case of not being satisfied with the compensation proposed by the expert, the insured has the option of starting a process of litigation to demand a greater sum. Another of the measures that the client has at their disposal to achieve the result they are looking for is to propose an expert on their own, to contrast their assessment with that provided by the company's employee. In the face of such a situation, both parties must formally justify their conclusions, with the greatest possible level of detail and technical data.
In summary, we could say that, for there to be a well insured , there must be two parties (the policyholder and the insurance firm) that sign a contract (the insurance policy), which establishes obligations and reciprocal rights. On the part of the policyholder, the main obligation is to pay the premium in a timely manner. The insurance company, for its part, must respond (paying what is applicable) when an incident occurs in the contract.
In some cases, the asset is insured is mandatory by law . Cars, for example, cannot drive on public roads if they are not insured against damage that the driver may cause to a third party.