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

Debt Stress

There’s a link between debt and stress.

Did You Know This Fact About Carpooling?

Carpooling might save you money on your premiums.

Lifetime of Earnings

Estimate how much you have the potential to earn during your working years.