Claim expense

Claim expense,

Definition of Claim expense:

  1. The costs, other than the actual claim cost, that are associated with paying a claim.

Meaning of Claim expense & Claim expense Definition

Claim Expense,

Claim Expense Meanings:

Claim Expense definition is: Claims settlement costs - for example, claims costs and legal costs, experts, lawyers, witnesses and other costs that can be attributed to a particular claim, and immovable claims costs that include salaries and other There are cost adjustments and claims. Record appeared. , But it cannot be traced to any particular claim.

Loss costs are costs in addition to the actual loss costs incurred in paying insurance claims. There are processing and claim adjustment fees.

Damage costs are also known as loss preparation costs or handling costs.

A simple definition of Claim Expense is: Damage Investigation or Settlement Agreement Fees

Literal Meanings of Claim Expense

Claim:

Meanings of Claim:
  1. Explain or claim that something is happening, usually without proof or evidence.

  2. Confirmation of the truth of something that is often controversial or objectionable.

  3. Application or request for any application deemed appropriate.

Sentences of Claim
  1. Claiming to come from a rich and educated family

  2. Prosecuted by alleged CIA contacts

  3. The court rejected your asylum application

Synonyms of Claim

declare, assert, hold, state, protest, maintain, request, assertion, profession, swear, avowal, declaration, attest, insist, aver, application, profess, protestation, affirmation, affirm, averment, avow, representation

Expense:

Meanings of Expense:
  1. The price of something, the money spent on something.

Sentences of Expense
  1. Up to Rs 17,500 can be collected in capital expenditure this year

  2. We order apparel at high prices

Synonyms of Expense

cost, price