What document is completed by the claimant to list property that has been lost or damaged?

The correct answer, "Proof of Loss," refers to a specific document that the claimant must complete to officially report and itemize property that has been lost or damaged. This document is crucial in the claims process as it provides insurance companies with detailed information regarding the nature and extent of the loss, including a list of all affected property, the value of that property, and any relevant supporting documentation such as receipts or purchase records.

A Proof of Loss typically requires the claimant to swear that the information provided is accurate and truthful, which is a vital element for processing the claim. This document serves as a formal assertion of the loss, allowing the insurer to evaluate the claim properly and determine the appropriate coverage based on the policy terms.

In contrast, options such as a Claim Form may encompass a broader range of information and could include general details about the claimant and the circumstances of the claim, but it does not specifically focus on detailing loss. A Loss Report might resemble a Proof of Loss but is usually less comprehensive and might not be a formal requirement in the claims process. An Insurance Declaration provides a summary of the insurance policy itself, outlining coverage and limits, but does not serve the purpose of itemizing lost or damaged property following a claim.