Fire Claim Requirements
A. Building & Improvement Claims
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A builder's or architect's estimate based on a plan and bill of
materials showing the cost of restoring the building or improvements to
the pre-fire condition.
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Affidavit declaring:
- Nature of ownership (whether part owner or otherwise)
- Location of property
- Liens or encumbrances, if any
- Certified copy of building permit
- Certified copy of Declaration of Real Property
- Lease Agreement (if not the landowner)
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Copy of the building's plan or sketch (prepared by engineer/architect)
- Pictures of the fire-damaged property
B. Claim on Stocks/Inventory
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Itemized inventory of stocks at the date of loss showing net cost,
extent of loss, and salvage value (if any)
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Affidavit declaring:
- Nature of ownership
- Location of property
- Liens or encumbrances, if any
- Value of damaged, destroyed, or salvaged stocks
- Other relevant information regarding the loss
- Books of Accounts, Financial Statements
- Income Tax Returns, Purchase/Sales and other business records
- Pictures of the fire-damaged items
C. Furniture & Equipment Claim
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Complete list of damaged/destroyed articles with acquisition cost and
value at time of loss
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Affidavit declaring:
- Nature of ownership
- Location of property
- Liens or encumbrances, if any
- Value of damaged, destroyed, or salvaged items
- Other relevant information
- Records, invoices, receipts (if available)
- Pictures of the fire-damaged items
*Note: The Company reserves the right to acquire
additional proofs as deemed necessary to support a claim.
How to File a Claim:
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Report Loss to the Company: Notify Alpha Insurance
immediately after the loss occurs.
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Assignment of Claim: An Independent Adjuster is
assigned to investigate and gather necessary documents.
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Recommendatory Report: The Adjuster submits a report to
the Company after examining the claim.
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Evaluation: The Company's Claim Examiner reviews the
report. Claims over ₱100,000 are escalated to the Claims Committee.
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Approval / Negotiation: Upon approval, the Adjuster
negotiates with the Assured or their Agent/Broker.
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Payment: A settlement check is issued. The Assured
signs the Loss & Subrogation Receipt and Sworn Statement in Proof of
Loss.
Comprehensive General Liability (CGL)
CGL Claim Requirements
A. Bodily Injury Liability (Coverage A)
- Original Copy of Incident Report
- Original Copy of Medical Certificate
- Certificate of Confinement from the Hospital
- Statement of Account from the Hospital
- Medical Receipts
B. Property Damage Liability
- Incident Report and/or Affidavit of the facts of the accident
- Registration Certificate and Official Receipt of Registration
- Driver's License and Official Receipt of Driver's License
- Pictures of the damaged unit
- Service Invoice of Repairs and/or Official Receipt
- Estimates
Note: The company reserves the right to request other
documents deemed necessary to support the claim.
Notice of Claim
When an accident occurs, written notice shall be given by or on behalf of
the Insured to the Company or any of its authorized representatives.
This notice should include:
- Time, place, and circumstances of the accident
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Names and addresses of the injured victim(s) and/or damaged property
