ILC Online Claims Service (OCS) Assignment:
- Receive/review loss notice, engineer report and insured’s estimated RCV job assignment.
- Provide RCV, ACV & Fair Market value for Churchill Plain Cylindrical Grinder.
- Determine age of original Churchill Grinder for ACV calculation.
- Original equipment is obsolete.
- Original manufacturer is no longer in business.
- Estimated age of equipment using Reference Book for Metalworking Machinery.
- Locate comparable equipment and obtain RCV valuation.
- Locate used equipment.
- Written report of ILC findings provided to client.
- Email packet to adjuster.
Author: Michelle Bryant