Statement of Claim

A Statement of Claim is a legal document filed by a policyholder or claimant with an insurance company to initiate a formal claim for benefits under an insurance policy. The statement of claim typically includes a description of the loss or injury, the date and location of the incident, the names of any witnesses or other parties involved, and a demand for payment of the applicable policy benefits. The statement of claim is usually accompanied by supporting documentation, such as police reports, medical records, or repair estimates, and must be submitted within the time limits and other requirements specified in the policy.