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Insurance Policies whether it is life insurance, health insurance or motor vehicle insurance, they have become an important part of our lives and we spend a major part of our earnings on securing Insurance with the expectation to attain financial security. 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 checks the claim and, once approved, makes payment to the insured or an approved interested party on behalf of the insured.
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