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

Consider Keeping Your Life Insurance When You Retire

Reasons to retain your coverage into your retirement years.

Snapshots

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

5 Costly Mistakes In Your Life Insurance Policy

Make sure your family understands these life insurance mistakes and how to avoid them.