claim

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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.

Claim.

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.

claim

A demand, as of right.

References in periodicals archive ?
On the other hand, if the workers are employed to reduce the loss of income, the policyholder could claim the cost of employing them as an extra expense, and if the labor costs were incurred to assist with the property damage, these costs would be claimable under the property damage portion of the claim.
He was injured while working and this is claimable under the Workman's Compensation Act
Encapsulation is becoming an increasingly important way to incorporate functional ingredients into products and facilitates the application of leading edge, clinically proven functional ingredients with claimable benefits.
92) Section 2-326 makes the distinction between whether goods are "sale on approval" or "sale or return" critical, because if goods are deemed the former they are not claimable by creditors until accepted by the buyer, but if goods are deemed the latter they are claimable by creditors "while in the buyer's possession.
In the area of members' resources and allowance rules, which is the third area, we have to be conscious of ensuring that we are complying with the rules, including the rules relating to claimable expenses by members, and we also have to ensure that the financial reports are being produced and provided not only to the members but also to the House of Assembly Management Commission.
It commenced with a brief description of what economics was about: "the complex organization of communities, the sources of their wealth, the shares claimable by their members, and the allocation of tasks to individuals which result from the choice of occupation freely exercised under the stimulus of the rewards obtainable' (Flux 1904, 1923, p.
Three reservations are set out for this protection: it is necessary for the "internal legal order [of the victim member state] to allow it" for the claimable action to be carried out during "tasks linked with the crisis management operation led by the EU" and for there to be "no serious negligence or intentional fault".
The New Zealand fund will favor middle-sized projects, between NZ$5 million and NZ$15 million, with NZ$6 million the maximum claimable by any single project.
On Thursday, Walker revealed a fish tank could be claimable, while so too are televisions and washing machines required in a second home.
Even if it had been established contractually that the player's market value could be claimable as lost profit in the form of compensation, no moral or judicial justification would be present for this, the CAS believed.
Depreciation claimed or claimable for dual-use property reduces basis as a sec tion 1250 recapture.