Investor Glossary-insurance claimInvestor Glossary-insurance claimInvestor Glossary-insurance claimInvestor Glossary-insurance claimInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Insurance Claim

The HTML to link to this page
 

An insurance claim is an official request submitted to the insurance company demanding payment as per the terms of the policy. The terms of the insurance contract dictate the insurance claim amount. In many cases, before an insurance claim is processed, an investigation is conducted. This type of work is routinely performed by insurance claim adjusters. Thus, an insurance claim may be examined by interviewing the claimant and witnesses, as well as consulting police and hospital records. Depending on a given form of coverage, an insurance claim may be subject to other kinds of scrutiny, such as consulting professionals, and inspecting property damage to determine the extent of the insurer's liability. Additionally, the insurance claim process may require a waiting period, and include various insurance claim riders and sublimits.



Rate this insurance claim definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, deferred tax, ex-dividend date, 144a, class C shares, debt service coverage, balance sheet, command economy, stock split, reverse mortgage, wholly-owned subsidiary, average price per share, 1035 exchange, Key Rate Duration, margin rate, VIX, open position, covered put, annual return, per diem, required rate of return, retained earnings, irrevocable trust, risk management, LIBOR, deferred revenue, 401a, in escrow, EBITDA, diluted share, minority interest, FICO score, current ratio, quality assurance, implied volatility, FTSE, APR, dividends payable, labor relations, option premium, cancelled check, stock market close, phantom income, ex-dividend, liquidity ratio, limit order, 1031 exchange, real GDP, Zero Cost Collar


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use