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.

 

Related Content

Debt Stress

Debt Stress

There’s a link between debt and stress.

What is a Premium?

What is a Premium?

Do you know what a Premium is?

What is a Liability?

What is a Liability?

Do you know what a Liability is?