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What Are the World's Biggest Insurance Claims Ever Made?
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The bread and butter of insurance as a public service is insurance claims. An insurance claim is when a client issues a formal request to their insurance company for compensation following a loss. The loss has to be covered by the insurance company in order to qualify for compensation.
When you hear about insurance coverage, you usually hear about a family getting paid for a life insurance policy, a person getting an injury compensated for, or someone who gets into a car crash having their repairs covered.
Today, however, we're looking at the world's biggest insurance claims — events so catastrophic that they rocked the world of insurance.
#insurance #insuranceclaim #insuranceplans #insurdinary
Learn where your money goes. Download Insurdinary Budgeting App Now!
The bread and butter of insurance as a public service is insurance claims. An insurance claim is when a client issues a formal request to their insurance company for compensation following a loss. The loss has to be covered by the insurance company in order to qualify for compensation.
When you hear about insurance coverage, you usually hear about a family getting paid for a life insurance policy, a person getting an injury compensated for, or someone who gets into a car crash having their repairs covered.
Today, however, we're looking at the world's biggest insurance claims — events so catastrophic that they rocked the world of insurance.
#insurance #insuranceclaim #insuranceplans #insurdinary
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