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Liberty International Insurance Ltd 13×F, DCC Commercial Center, 25 Wetlands Road, Quarry Bay, Hong Kong 25 13 Tel : (852× 2892 3888 Fax : (852× 2577 9578 Website : www.libertyinternational.com.hk
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How to fill out Property Damage and Business Interruption Claim

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How to fill out Property Damage and Business Interruption Claim

01
Gather all necessary documentation, including proof of ownership and any relevant policies.
02
Assess the damage to your property and business operations.
03
Complete the Property Damage Claim form with detailed descriptions of the damages.
04
Collect receipts and invoices for repairs or replacements related to the property damage.
05
Document business interruption losses, including loss of income and extra expenses incurred.
06
Submit the completed claim form along with all supporting documents to your insurance provider.
07
Follow up with the insurance company to ensure your claim is being processed.

Who needs Property Damage and Business Interruption Claim?

01
Business owners who experience damage to their property due to various incidents.
02
Companies facing interruptions that affect their ability to operate and generate revenue.
03
Individuals or businesses that have insurance coverage for property damage and business interruption.
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A Property Damage and Business Interruption Claim is a request for compensation due to damages to physical property and loss of income resulting from an event such as a natural disaster, fire, or vandalism that disrupts normal business operations.
Typically, property owners, business owners, or tenants who have suffered property damage and a loss of income due to an interruption in their business operations are required to file a Property Damage and Business Interruption Claim.
To fill out a Property Damage and Business Interruption Claim, gather all relevant information including the details of the loss, documentation of damages, proof of loss of income, and any supporting evidence. Complete the claim form provided by the insurance company, ensuring that all sections are filled out accurately.
The purpose of a Property Damage and Business Interruption Claim is to provide financial reimbursement to policyholders for losses incurred due to physical property damage and to cover lost earnings during the interruption period, allowing businesses to recover and resume operations.
Information that must be reported on a Property Damage and Business Interruption Claim includes a detailed description of the damages, the date and cause of the loss, the financial impact on the business, documentation supporting the claim such as invoices, receipts, and any other relevant records.
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