Accountancy, asked by 262vanshgavanang, 2 months ago

Claim to be lodged with the insurance company is formula

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Answered by ashishredhu96

Answer:

insurance claim is a formal request to an insurance company asking for a payment based on the terms of the insurance policy. The insurance company reviews the claim for its validity and then pays out to the insured or requesting party (on behalf of the insured) once approved.

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