The demand for payment made by the insured to the insurer...
The demand for payment made by the insured to the insurer following occurence of the event insured against is
consideration
gratification
commission
claim
Correct answer is D
An insurance claim is a formal request by a policyholder to an insurance company for coverageor compensation for a covered loss or policy event. The insurance company validates the claim and, once approved, issues payment to the insured or an approved interested party on behalf of the insured.
Non-indemnity insurance policies are referred to as ...
family income benefit effected without capital benefit pays the sum assured from the ...
The policy which covers either death or disability resulting from an injury is ...
A document issued by an insurer giving temporary protection to the insure is? ...
The class of insurance that does not require a certificate is? ...
full return of premium paid for a contract of insurance is applicable in a situation involving? ...