What Does Statement of Claim Mean?

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What does Statement of Claim mean? Read on to discover the definition & meaning of the term Statement of Claim - to help you better understand the language used in insurance policies.

Statement of Claim

Statement of Claim

The purpose of the statement of claim is to inform the insurance company that a covered loss has occurred and that the policyholder is seeking reimbursement.

We hope the you have a better understanding of the meaning of Statement of Claim.

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