What must the assured provide to receive a claim settlement for loss?

To receive a claim settlement for loss, the assured must provide proof of loss documentation. This documentation serves as evidence that a loss has occurred and details the extent of the loss. It typically includes information about the circumstances of the loss, the items affected, and any relevant details that substantiate the claim. This step is essential in the claims process as it allows the insurance company or claims handler to evaluate the claim accurately and determine the amount of compensation that may be warranted.

While proof of delivery, proof of shipping costs, and proof of ownership documentation may be relevant in certain contexts, they do not directly establish that a loss has taken place. Proof of delivery may show that the goods were received, proof of shipping costs refers to the expenditures involved in sending the goods, and proof of ownership provides evidence of who owned the items prior to the loss. However, none of these documents directly confirm the occurrence or the specifics of the loss itself, which is why providing proof of loss documentation is critical for claim settlements.