You are viewing a preview location.
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

Why An Annuity May Be Key to Your Retirement Plan

Why An Annuity May Be Key to Your Retirement Plan

If you’re looking for a way to supplement your income in retirement, an annuity may be for you.

The Wild West of Data Theft

The Wild West of Data Theft

Learn about cyber liability insurance in this entertaining video.

Choosing Between Term and Whole Life Insurance

Choosing Between Term and Whole Life Insurance

Confused about Term or Whole Life Insurance? Discover how they work and, most importantly, how they can work for you.