a claims payment

USAGE SUMMARY

The phrase "a claims payment" is correct and usable in written English.
It can be used in contexts related to insurance or financial transactions where a payment is made to settle a claim. Example: "After reviewing the submitted documents, the insurance company approved a claims payment to cover the damages."

✓ Grammatically correct

Insurance

Finance

Legal

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

7) Have a claims payment office with an address and phone number in the United States.

University of California, Berkeley

Once damage is assessed, you can expect to receive a claims payment for the value of loss incurred (and the extent covered by your policy).

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

"If so, these items may be subject to a significantly smaller limit, and policyholders may only receive a claim payment as low as $250 for business property while away from the home.

Los Angeles Times

BP says that it believes a temporary pause of all claims payments is "prudent and necessary"' during Mr Freeh's investigation.

BBC

"While there is clearly a need to bring the escalating number of often-spurious claims under control, there are steps that could usefully help – for example, fixed rates of compensation and a proportion of claims payment withheld and paid direct for treatment, such as physiotherapy.

The Guardian - Money

Alternatively, consumers are told to claim a given service from a provider who then claims payment directly from the financing agency [ 13].

BMC International Health and Human Rights

Insurers and other reinsurers dealt with Fortress in order to do businesses with the Japanese firms it represented, and because Fortress had a good reputation for claims payment.

Forbes

Bermuda's global reinsurers have an excellent record for claims payment, having paid $2.5 billion in losses for the terrorist attacks on the World Trade Center in 2001 and $17 billion for losses from Hurricanes Katrina, Rita and Wilma in 2005.

The New York Times

April 23 (Reuters) - MetLife Inc, the largest life insurer in the United States, will pay $500 million to settle a multi-state investigation into claims payment practices, the office of California's state controller said on Monday.

Huffington Post

The NHIA claims payment trend show that total claims payment rose from approximately US$8millionn in the year 2005 to over US$3000 million in 2012 [ 5].

Cost Effectiveness and Resource Allocation

Out of pocket payments have an immediate effect on IGF availability unlike NHIS payments whose effects are modified by the time lag between claims submission and claims payment.

Health Research Policy and Systems

Expert writing Tips

Best practice

When writing about insurance settlements, use "a claims payment" to clearly indicate that a payment is being made specifically to resolve a claim. This phrasing is direct and easily understood in both formal and informal contexts.

Common error

Avoid using "a claims payment" when you actually mean the administrative process of handling claims. For instance, do not say 'The company streamlined its claims payment' if you mean the company improved its claims processing efficiency.

Linguistic Context

The phrase "a claims payment" functions as a noun phrase that typically acts as the direct object or subject complement in a sentence. It specifies an instance of payment made to settle a claim, usually in insurance or legal contexts. As Ludwig AI suggests, it indicates that a payment is being made to resolve a claim.

Expression frequency: Rare

Frequent in

News & Media

30%

Science

30%

Academia

15%

Less common in

Formal & Business

10%

Encyclopedias

5%

Reference

5%

Ludwig's WRAP-UP

In summary, "a claims payment" is a noun phrase referring to an instance of payment made to settle a claim, typically in insurance, finance, or legal contexts. Ludwig AI indicates this phrase is grammatically correct and effectively conveys that funds are being transferred to satisfy a claim. While examples are relatively rare, it's mostly found in News & Media, Science and Academia. For alternative expressions, consider "claims payout" or "insurance compensation".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

claims payout

Focuses on the disbursement of money related to claims.

insurance compensation

Highlights the recompense aspect within an insurance context.

settlement disbursement

Emphasizes the act of distributing funds as part of a settlement.

funds for claim

Simple and direct rephrasing that keeps the core meaning.

reimbursement for claims

Stresses the repayment of expenses linked to the claims.

claims settlement amount

Highlights the specific amount allocated in the claims settlement.

payment for damages

Focuses on the compensation aspect, typically for damages.

claims remittance

Emphasizes the transfer of funds related to the claim.

indemnification payment

Highlights the indemnity aspect of the payment.

claims benefit

Emphasizes the benefit aspect of the payment.

FAQs

How can I use "a claims payment" in a sentence?

You can use "a claims payment" in a sentence like: "The insurance company issued "a claims payment" to cover the policyholder's medical expenses."

What's the difference between "a claims payment" and "claims settlement"?

"A claims payment" refers specifically to the money disbursed, while "claims settlement" refers to the entire process of resolving the claim, which includes negotiation, documentation, and the final payment.

What can I say instead of "a claims payment"?

You can use alternatives like "claims payout", "insurance compensation", or "settlement disbursement" depending on the context.

Is it correct to say "the claims payment" or "a claims payment"?

Both are correct, but "a claims payment" is used when referring to a single, specific instance of payment. "The claims payment" might refer to a specific payment already mentioned or known in the context.