Claims Analyst Interview Questions and Answers for Freshers

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events

• It involves paying a premium to an insurance company in exchange for coverage

• The coverage can include protection for property, health, life, and more

• The insurance company assumes the risk of financial loss in exchange for the premium paid by the individual

• Insurance helps individuals and businesses manage risk...read more

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events such as accidents, illnesses, and natural disasters.

• Insurance policies have premiums, deductibles, and coverage limits.

• Types of insurance include health, auto, home, life, and liability insurance.

• Insurance companies use actuarial science to calculate risk and set premiums.

• Claims are filed when a covered even...read more