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

Snapshots

Your life is marked by images. Prepare for the unexpected, so you can keep those pictures going.

What is a Deductible?

Do you know what a Deductible is?

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.