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

Rightsizing for Retirement

What does your home really cost?

Is Cyber Liability Insurance Right for You?

Have you heard of cyber liability insurance? Do you need it?

What is the Value of Your Business?

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