What is correct in the following sentences?

A. Claim is a demand on the insurer to honour contractual commitment to pay the policy money to the claimant

B. It s request made to the insurer by the claimant to settle payment

C. While in some claims, the contract comes to an end with payment in other cases the contract continues

D. All of the above

Answer: Option D

Solution(By Examveda Team)

All the above statements are correct.
Claim is a demand on the insurer to honour contractual commitment to pay the policy money to the claimant, It s request made to the insurer by the claimant to settle payment and While in some claims, the contract comes to an end with payment in other cases the contract continues.