answersLogoWhite

0

Net claim remaining refers to the amount of a claim that is still outstanding after accounting for any payments or adjustments made by an insurer. It represents the remaining liability that the insurance company has to settle with the policyholder or claimant. This figure is important for assessing the insurer's financial obligations and the claimant's potential recovery.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

Is it permissible for me to retain any remaining funds from an insurance claim?

It is generally permissible to retain any remaining funds from an insurance claim as long as you have fully settled all claims and expenses related to the incident for which the claim was made.


How do you calculate networth?

Net worth = Total Assets - Total liabilities It is the remaining amount which is net worth for owners.


What is gross claim and net claim?

I would guess that your gross claim is the total amount of damages done and your net claim is the damages less your deductible. The gross claim may also include the cost of adjusting the claim, like sending someone out to appraise your damages. The extra costs aren't held against you, only the total damages.


How is 'net worth' a liability?

Net worth is the remaining amount after clearing all assets and liabilities and then net worth is that amount business is liable to return back to it's owner.


What does le prix net mean?

The net price. The price after taxes.Net: (of an amount, value, or price) Remaining after a deduction, such as tax or a discount, has been made.


I am planning on taking out my retirement annuity from where I worked. I am not reinvesting it.My company automatically takes out 20%. How much more % will I have to claim?

You will have to claim the remaining 80%


What is "net worth"?

The value of a business or a property that is remaining after all debts and responsibilities have been removed.


What is the difference between net and gross on a paycheck?

Your gross income is your income before anything is taken out. Your net income is your remaining income after deducting taxes and expenses--so on your paycheck, your net is your "take home pay".


After a claim can you still use your insurance policy?

An insurance policy should still remain valid for the remaining term following a claim providing that the claim is such that it does not require the insurer to cancel the policy. You should check with your insurer.


How do you figure out how much you make by your net pay?

After getting your pay stub and calculating what you had taken out on taxes your remaining total is your net pay. Divide that amount by the amount of hours you work and that will be how much you make in net pay hourly.


What is the expansion of net?

The term "net" can refer to various contexts, such as finance or physical objects. In finance, "net" often refers to the amount remaining after deductions, such as net income after taxes or expenses. In physical contexts, a net is a material made of interconnected fibers or lines, typically used for catching or containing items. The expansion of "net" will depend on the specific context in which it is used.


If no court order was issued can you claim support for the time he was in jail?

Support is based on a percentage of net income.