QUESTION IMAGE
Question
question 15 (4 points)
what is the purpose of an insurance claim?
(a) to calculate deductibles
(b) to request payment from an insurance company
(c) to determine insurance premiums
(d) to set insurance coverage limits
Brief Explanations
An insurance claim is a formal request by a policy - holder to an insurance company for payment after a covered loss has occurred. It is not for calculating deductibles, determining premiums or setting coverage limits.
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B. To request payment from an insurance company