(i) A form that must be submitted by the insured, except in connection with liability losses, providing information on the nature and extent of the loss and the claims being made by the insured and given to the Insurance Company. The purpose of it is to place before the Company sufficient information concerning the loss to enable it to determine its liability under the Policy or bond.
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A form that must be submitted by the insured, except in connection with liability losses, providing information on the nature and extent of the loss and the claim being made.
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A statement taken from the insured by the insurer, regarding the details of their loss. The insurer uses the information gained to determine their liability for the loss.
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MEDICAL,USA: Documentation needed by the insurance company from the insured to prove that a claim is valid (e.g., death certificate for life insurance, completed insurance claim form, itemized bills for health services received, repair estimate from automobile body shop, police report).
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US: Documentation presented to the insurance company by the insured in support of a claim so that the insurer can determine its liability under the policy. Documentary evidence required by an insurer to prove a valid claim exists. It usually consists of a claim form completed by the insured and the insured’s attending physician. For medical expense insurance itemized bills must also be included.
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Following a loss, a formal statement given by an insured to the insurer that includes details of the loss such as the original cost of damaged or destroyed property.