Property Claim

Property Claim

PROPERTY CLAIM

What to do & documents needed for property insurance claim

General Documentary Requirements

  • Policy/Endorsement
  • Non-Waiver Agreement (Form to be provided by the Adjuster)
  • Sworn Statement of Claim (Form to be provided by the Adjuster)
  • Affidavit of Loss
  • Pictures

Building

  • Proof of Ownership
    – Declaration of Real Property
    – Transfer Certificate of Title
    – Tax Declaration
    – Lease Agreement (if now owner of the building/land)
  • Building Plan/Sketch
  • Repair/Reconstruction Estimate

Contents

  • Proof of Occupancy
    – Declaration of Real Property
    – Transfer Certificate of Title
    – Tax Declaration
    – Lease Agreement (if now owner of the building/land)
    – Mayor & aposs Permit
    – SEC Registration
    – DTI Registration
  • Building Plan/Sketch
  • Inventory of Affected & Unaffected
  • Items showing the acquisition date and cost
  • Sales Invoices/Official Receipts and other records, if any
  • Repair Estimate, if repairable

Stocks

  • Proof of Occupancy
    – Mayor & aposs Permit
    – SEC Registration
    – DTI Registration
    – Lease Agreement (if now owner of the building/land)
  • Building Plan/Sketch
  • Inventory (before & after the loss) of affected & Unaffected Items with corresponding value of eeach item at the time of loss
  • Income tax Return and Audited Financial Statements for the last three (3) years
  • Bank/Financial Statements
  • Sales/Purchase Invoice/Official Receipts
  • Certification from Suppliers
  • Restoration Cost

Machineries and Equipment

  • Proof of Occupancy
    – Declaration of Real Property
    – Transfer Certificate of Title
    – Tax Declaration
    – Lease Agreement (if now owner of the building/land)
    – Mayor & aposs Permit
    – SEC Registration
    – DTI Registration
  • Building Plan/Sketch
  • Inventory of Affected & Unaffected
  • Items showing the acquisition date and cost
  • Sales Invoices/Official Receipts and other records, if any
  • Repair Estimate, if repairable

Property Damage

  • Protect your property belongings from further damage (take the necessary steps to minimize the damage).
  • make reasonable and necessary repairs to protect the property
  • To help file you insurance claim, have an inventory of your possession
  • Notify insurance Company to report the

File a Property Claim

Call FGIC Claims Hotline ((+632) 8706-3939 loc. 431) or the branch office servicing nearest you to report the incident. incase either is not available, you can report a claim online.