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.

Share |

Have A Question About This Topic?

Related Content

If a Pipe Breaks

Learn what to do when a pipe bursts with this helpful video flooded with smart tips.

What is a Liability?

Do you know what a Liability is?

Protecting Those Who Matter Most

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