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

Side-by-Side: Insured vs. Uninsured

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

Charitable Giving: Smart from the Heart

Do you have causes that you want to support with donations?

Estimating the Cost of College

This worksheet can help you estimate the costs of a four-year college program.