Insurance

What is a Claim?

Claim

[kleym]

noun

1.

An insurance Claim is a policyholder’s request to an insurance company for restitution based on the terms of the insurance Policy. The insurance company, through an Adjuster, investigates the validity of the Claim and pays the policyholder.

Have A Question About This Topic?

Thank you! Oops!

Related Content

5 Costly Mistakes In Your Life Insurance Policy

5 Costly Mistakes In Your Life Insurance Policy

There are many considerations when purchasing family life insurance. Make sure your family understands these life insurance mistakes and how to avoid them.

Debt Stress

Debt Stress

There’s a link between debt and stress.

Can Group, Private Disability Policies Work Together?

Can Group, Private Disability Policies Work Together?

Loss of income from disability has the potential to cause financial hardship. Disability insurance can help.