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?

Related Content

What is a Dwelling Fire Policy?

Do you know what a Dwelling Fire Policy is?

What is the Value of Your Business?

Ascertaining the value of your business is important for a variety of reasons.

Avoiding Cognitive Decline

Try these activities to keep your brain sharp.