Claims Surveyor Limits
Categorization of Surveyors - Applicable Limits
In compliance to the provisions of the IRDA circular No: 026 / IRDA / SUR / CIR / DEC-08 dated 22/12/2008. The following limits would apply for the engagement of independent surveyors.
Applicable to all lines of business. Any deviation warrants prior approval from the respective Corporate Claims Head.
|Category of the Surveyor||Applicable Limits|
|A Category||No Limit|
|B Category||Upto Rs 5999999|
|C Category||Upto Rs 1799999|
Corporate Office may engage a surveyor from another category depending upon the nature, type, extent, intricacy/ peculiarity and the geography of the loss.
Surveyor engagement for category A and B requires reference to corporate office prior to the allocation of the job.
The limits are valid from 01/04/2016 and the same will be continued till further notice.