CLAIM ADJUSTMENT EXPENSE

the incurred costs for managing incoming claims (even if the claims are ultimately invalid). These costs include – but are not limited to:

• administering claims;

• determining coverage for submitted claims;

• settling claims; and/or

• defending claims

Congratulations! You're now Froogled Up™ on what "Claim Adjustment Expense" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,

www.FroogleMe.com