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 Producer?

Do you know what a Producer is?

5 Benefits of Working in Retirement

Here are 5 reasons why you may consider working through retirement.

Countdown to College

Preparing for college means setting goals, staying focused, and tackling a few key milestones along the way.