What must an insured do after a loss occurs in a conditional insurance policy?

In a conditional insurance policy, the insured has specific responsibilities after a loss occurs, and one primary action is to file a claim for compensation. This step is crucial because it formally notifies the insurance company about the loss and initiates the process of evaluation and payment of the claim. Filing a claim allows the insurer to assess the situation, document the damages, and determine whether the loss is covered under the terms of the policy.

While it may be important for the insured to contact their insurance agent or keep personal information updated, these actions do not directly address the need for the insured to prompt the claims process following a loss. Waiting for approval happens after a claim is filed, not as a first step in the process. Therefore, filing a claim is the essential action that directly aligns with the obligations and procedures outlined in a conditional insurance policy.