One of the functions of the institute of loss adjuster of Nigeria is to
Answer Details
The function of the Institute of Loss Adjusters of Nigeria is to offer technical services in claim investigation. This means that the institute is responsible for investigating and evaluating insurance claims in order to determine the extent of the loss and the amount of compensation that should be paid to the insured. The institute ensures that the claims are thoroughly investigated and that the compensation paid is fair and just, based on the terms of the insurance policy. This helps to ensure that the insurance business operates fairly and efficiently, and that insured individuals and businesses are protected in the event of loss.