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Insurance Claim

A document or request filed by a policyholder stating that an insured event has occurred and that the insurance company should provide coverage. For example, if a person has health insurance and breaks his leg, he must file an insurance claim in order for the insurance company to pay for some or all of the medical expenses. Depending on the policy, a third party may or may not be able to file an insurance claim on behalf of a policyholder.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


You file an insurance claim when you send your insurance company paperwork asking the company to pay for any of the expenses your policy covers.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


A demand, as of right.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Nearly two-thirds of carriers' personnel are involved in some aspect of claims processing; claims payouts consume almost 80% of a property/casualty company's annual revenue.
Although there may be many sensitive documents in the tax reserve file, taxpayers and advisers should carefully review each document and assert a work-product claim only for those documents for which they can make a showing that the document was prepared in anticipation of litigation or controversy.
What is this country coming to when some in Congress say veterans might need to pay for legal assistance in filing claims with the Department of Veterans Affairs for benefits they have earned as a result of their service and sacrifice for our nation?
In more and more bankruptcy cases, credit executives have the option of selling their unsecured claims. The sale facilitates an early cash payment for the claim ;and eliminates the risk of a delayed and less favorable--and possibly no--recovery.
Once an OCIP is in place, what happens if a claim should arise as a consequence of the project?
Back-office processes also result in claim delay and rejection.
(That's the miniature a food needs to carry a health claim like "whole grains may reduce the risk of heart disease.")
To attorney Scott Mager these claims sound frivolous or perhaps the punch lines to bad jokes.
This technology will enable multitudes of agencies and doctors to handle the millions of claims documents by using common folders online.
has promoted three leaders within its Claim department.
So, for example, if Private Doe vandalizes a local national's vehicle while stationed in Germany, where the North Atlantic Treaty Organization Status of Forces Agreement applies, the Foreign Claims Act would permit the local national to file a claim against the United States for the damage.