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 Surprises Making the most of surprises is a great reason to work with us. Keeping Summer Safe: Pool and Spa Safety Tips Each year hundreds of children die or are injured in pool accidents. By taking seven steps, you can keep your pool safe. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.