Question
A demand made by the insured, or the insured’s
beneficiary, for payment of the benefits as provided by the policy is known as?Solution
An insurance claim is a formal request to an insurance company for coverage or 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.
More Insurance Awareness Questions
- During the colonial period in India, approximately what percentage of the workforce was employed in the manufacturing sector?
Who recently launched the world's most powerful rocket Starship?
- Which period marks the implementation of India’s Fourth Five-Year Plan?
- Mount Etna, which erupted recently, is located in which country?
How many gold medals did India win at the World Para Athletics Championships 2023?
What is the new name of the ball released in FIFA World cup 2022 ?
Which key of the keyboard is used to make characters either upper or in lower case?
Match the schemes with their respective states:
- Arrange the following mountain passes from north to south:
(A) Shipki La
(B) Nathu La
(C) Zoji La
(D) Lipulekh What do you understand about the concept of Moonlighting?
