Wednesday, October 22, 2014

Claim

 Claim

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claim (kleɪm)
vb (mainly tr)
1. to demand as being due or as one's property; assert one's title or right to: he claimed the record.
2. (takes a clause as object or an infinitive) to assert as a fact; maintain against denial: he claimed to be telling the truth.
3. to call for or need; deserve: this problem claims our attention.
4. to take: the accident claimed four lives.
n
5. an assertion of a right; a demand for something as due
6. an assertion of something as true, real, or factual: he made claims for his innocence.
7. a right or just title to something; basis for demand: a claim to fame.
8. lay claim to stake a claim to to assert one's possession of or right to
9. anything that is claimed, esp in a formal or legal manner, such as a piece of land staked out by a miner
10. (Law) law a document under seal, issued in the name of the Crown or a court, commanding the person to whom it is addressed to do or refrain from doing some specified act. former name writ1
11. (Insurance)
a. a demand for payment in connection with an insurance policy, etc
b. the sum of money demanded
1.Legal demand or assertion by a claimant for compensation, payment, or reimbursement for a loss under a contract, or an injury due to negligence. 2.Amount claimed by a claimant.

Insurance Claim Definition | Investopedia

DEFINITION of 'Insurance Claim' A formal request to an insurance company asking for a payment based on the terms of the insurance policy. Insurance claims are reviewed by the company for their validity and then paid out to the insured or requesting party (on behalf of the insured) once approved.

What is Claim? definition and meaning - InvestorWords.com

www.investorwords.com/865/claim.html
Definition of claim: Notification to an insurance company requesting payment of an amount due under the terms of the policy. also called insurance claim.

Claim | Define Claim at Dictionary.com

dictionary.reference.com/browse/claim
to demand by or as by virtue of a right; demand as a right or as due: to claim an estate by inheritance. 2. to assert and demand the recognition of (a right, title, ...

claim - Oxford Dictionaries

www.oxforddictionaries.com/definition/english/claim
Definition of claim in British and World English in Oxford dictionary. Meaning, pronunciation and example sentences. English to English reference content.
Claims of Policy - Professional Option
Created by Jon LeBaugh
A claim of policy is an essay consisting of an argument that certain conditions should exist. These essays advocate adoption of policies or courses of action because problems have arisen that call for a solution. Defending a claim of policy often involves first convincing the audience that a problem exists, considering opposing arguments, and providing specific data that shows the benefits of the claim.

Claim Management

 In England and Wales, a claims management company is a business that offers claims management services to the public. Claims management services consist of advice or services in respect of claims for compensation, restitution, repayment or any other remedy for loss or damage, or in respect of some other obligation.

Claims processing


The fulfillment by an insurer of its obligation to receive, investigate and act on a claim filed by an insured. It involves multiple administrative and customer service layers that includes review, investigation, adjustment (if necessary), remittance or denial of the claim.

What is CLAIMS PROCESSING? - The Law Dictionary

thelawdictionary.org/claims-processing/
Definition of CLAIMS PROCESSING: An insurer receiving, investigating and acting on a claim filed by an insured, fulfilling its obligation. These actions of review, ...

Insurance Claim Definition | Investopedia

www.investopedia.com/terms/i/insurance_claim.asp
DEFINITION of 'Insurance Claim' A formal request to an insurance company asking for a payment based on the terms of the insurance policy. Insurance claims are reviewed by the company for their validity and then paid out to the insured or requesting party (on behalf of the insured) once approved.
>>An insurance claim investigator was recently attacked in West Bengal for trying to probe a fraudulent life insurance claim by a policyholder.