Insurance Surveyors and Loss Assessors License
Insurance firms are set up to cover losses of individuals and companies. Insurance is a system of indemnity in which the insurance firm would indemnify the party in case of loss or other forms of financial burden. When the policyholder takes out insurance for a property, the insurance company will send an insurance surveyor to calculate the amount of loss. Once this occurs, the insurance company would enter into a contract with the policyholder setting out the terms of the contract and the insurance payable to the policyholder. Surveyors and loss Accessory are appointed by insurance companies to determine the amount of actual loss in happening of events which are beyond the control of the parties.