Insurance Claim
/ɪnˈʃʊərəns kleɪm/
Definitions
- (n.) A formal request by a policyholder to an insurer for payment or services covered under an insurance policy.
She filed an insurance claim after her car was damaged in the accident.
- (n.) The amount of money requested or awarded under the terms of an insurance policy.
The insurance claim totaled $10,000 to cover the damages.
Forms
- insurance claims
Related terms
See also
Commentary
Insurance claims require careful documentation and compliance with policy terms to ensure successful recovery; claims handling procedures vary across jurisdictions and policy types.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.