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.

Share |

Have A Question About This Topic?

Related Contents

Coaches

Coaches have helped you your whole life, in ways big and small. We’d like to be one of them.

What is Loss of Use?

Do you know what Loss of Use is?

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.