Insurance Claim Process Flowchart

An Insurance Claim Process Flowchart visually represents the steps involved in filing and processing an insurance claim. It begins with the claim initiation, where the policyholder submits a claim with necessary details and documents. The flowchart then outlines the verification and assessment process, where the insurance company evaluates the claim's validity and the extent of coverage. Next, it shows the decision-making stage, where the claim is either approved, denied, or requires additional information. Finally, the flowchart ends with the claim settlement, where the approved amount is disbursed to the policyholder, completing the process.

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