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

Comparing Mortgage Terms

Estimate the total cost in today's dollars of various mortgage alternatives.

Replacing Your Medicare Card

Learn how to replace your lost, stolen, or damaged Medicare card in this helpful article.

Surprise! You’ve Got Money!

Here’s a quick guide to checking to see if you have unclaimed money.