Claims Process (Insurance & Financial Protection) - Definition, Examples, Advice | Bolder Money

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Definition

The steps you follow to file a claim with your insurer. A smooth process helps get you paid quickly when you need it.

What to consider

Understand when and how a waiver applies.
Review the conditions that trigger a waiver.
Confirm the waiver is applied to your claim.

Real world scenarios

After a severe illness, an insurer waived the deductible for a policyholder as a courtesy.
A patient’s plan included a deductible waiver for emergency services under certain conditions.
An employer-sponsored health plan offered a deductible waiver for preventive care.

Related terms

Insurance & Financial Protection

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