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Insurance Claim
Meaning of 'Insurance Claim'
A formal appeal to an insurance agency requesting an installment in view of the terms of the protection approach. Protection cases are checked on by the organization for their legitimacy and after that paid out to the guaranteed or asking for gathering (for the protected) once endorsed.
INVESTOPEDIA Clarifies 'Insurance Claim'
Protection cases spread everything from death advantages on life coverage arrangements to routine wellbeing exams at your neighborhood specialist. By and large, claims are documented by outsiders for the benefit of the safeguarded individual, however normally just the person(s) recorded on the strategy is qualified for cases installment.
Meaning of 'Insurance Claim'
A formal appeal to an insurance agency requesting an installment in view of the terms of the protection approach. Protection cases are checked on by the organization for their legitimacy and after that paid out to the guaranteed or asking for gathering (for the protected) once endorsed.
INVESTOPEDIA Clarifies 'Insurance Claim'
Protection cases spread everything from death advantages on life coverage arrangements to routine wellbeing exams at your neighborhood specialist. By and large, claims are documented by outsiders for the benefit of the safeguarded individual, however normally just the person(s) recorded on the strategy is qualified for cases installment.