What is a Claim? Claim[kleym]noun1.An insurance Claim is a policyholder’s request to an insurance company for restitution based on the terms of the insurance Policy. The insurance company, through an Adjuster, investigates the validity of the Claim and pays the policyholder. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Contents Your DNA Test If your family relies on your income, it’s critical to know what their needs would be in the event of your death. How Your Credit May Affect Your Life Insurance Premiums This article is perfect for helping you explore the surprising connection between your credit score and life insurance costs. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.