Insurance

What is a Claim?

Claim

[kleym]

noun

An insurance Claim is a policyholder’s request to an insurance company for restitution based on the terms of the insurance Policy. The insurance company, through an Adjuster, investigates the validity of the Claim and pays the policyholder.

Have A Question About This Topic?

How Compound Interest Works

Use this calculator to better see the potential impact of compound interest on an asset.

The Richest Man in Babylon

In good times and bad, consistently saving a percentage of your income is a sound financial practice.

How to Read Your Credit Report

Solve a mystery while learning how important your credit report is with this story-driven interactive.