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Question

Question
The policy holder typically initiates the insurance claim settlement process True False

Asked By DreamWeaver94 at

Answered By Expert

Bennett

Expert · 3.2k answers · 3k people helped

#### Solution By Steps

***Step 1: Identify the Claim Initiation***

The statement claims that the policyholder typically initiates the insurance claim settlement process.

***Step 2: Explanation***

This statement is generally True. In most cases, the policyholder is the one who starts the insurance claim process by notifying the insurance company of the claim.

#### Final Answer

True

#### Key Concept

Insurance Claim Initiation

#### Key Concept Explanation

The policyholder usually begins the insurance claim settlement process by informing the insurance company of the claim, initiating the process.

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