Insurance

What is a Claim?

Claim

[kleym]

noun

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?

Side-by-Side: Insured vs. Uninsured

Here's what happens if your small business has an accident and you're not insured.

Reviewing Your Life Insurance Needs

Learn how the review process works and how it may help you better understand your Life Insurance.