When unexpected events occur—be it an accident, natural disaster, or health issue—insurance claims become a crucial part of financial recovery. An insurance claim is a formal request made by a policyholder to their insurance company for compensation or coverage for a loss as outlined in their policy. Understanding the intricacies of insurance claims is essential for anyone who holds an insurance policy, as it can significantly impact the outcome of the claim and the financial relief that follows. Types of Insurance Claims Insurance claims can vary widely depending on the type of coverage one holds. Here are some common types of […]