What is an insurance claim?
An insurance claim is a formal request from the policyholder (that's you) to their insurance company asking for payment after a covered incident. These incidents can include anything covered by your insurance policy, like a hospital stay, a natural disaster, or theft.
What is an example of an insurance claim?
In addition, the most general types of claims are for life, health, homeowner, and car insurance.
What are types of claims in insurance?
Put simply, insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.
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