IFFCO TOKIO MOTOR VEHICLE INSURANCE CLAIM NO. 1#F8YWFG DATED 6-12-2010
INSURANCE REIMBURSEMENT DELAY AND DIFFERENCE IN REIMBURSEMENT AMOUNT

MY CAR MET WITH AN ACCIDENT ON 6-12. I HAD TO TOW THE VEHICLE AS INFORMED BY THE INSURANCE COMPANY TO MY RESIDENCE. THE INSURANCE COMPANY SENT THE SURVEYOR WHO INFORMED THAT THE VEHICLE WAS IN A CONDITION OF TOTAL LOSS AND WE WOULD BE REIMBURSED WITH THE TOTAL INSURED AMOUNT RS. 90, 000/- TWO MONTHS LATER HE CALLS AND INFORMS THAT THE REIMBURSEMENT AMOUNT WILL BE RS. 75, 000/- WITH A BREAKUP OF RS. 50, 000/- FROM INSURANCE COMPANY AND RS. 25, 000/- FROM THE SALE OF THE CAR. HE ALSO INFORMS THAT THE AMOUNT MIGHT REDUCE IF THERE IS ANY DELAY IN THE TRANSACTION.

NIMISH TELANG

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