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?

Related Content

Snapshots

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

Did You Know This Fact About Damaged Property?

Damaged property during the claims process shouldn't be thrown away.

5 Things You Need to Know to Buy Life Insurance

Shopping for life insurance can be confusing. Choose the plan that is best for you and your family with these top five considerations.