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The phrase "compensation claim" is correct and usable in written English.
It can be used in contexts related to seeking financial reimbursement or damages, often in legal or insurance matters.
Example: "After the accident, she filed a compensation claim to cover her medical expenses and lost wages."
Alternatives: "reimbursement request" or "damages claim."
Exact(60)
A COMPENSATION claim from a former slave.
Mr. Shepherd's compensation claim was ultimately rejected.
His compensation claim has been denied twice.
I have an outstanding compensation claim against Wonga.
Officer Chiafari required therapy but was denied a worker's compensation claim.
They now face a compensation claim for possibly billions of pounds.
"No one should be pressured into making a compensation claim," said Rob Cummings of the ABI.
Brooks-Baker left, winning a compensation claim for an undisclosed sum from an industrial tribunal.
The family is talking to lawyers about filing a compensation claim against the police.
After the Super Bowl fiasco in 2012, a messy compensation claim followed her around for months.
Another, who had served 16 ½ years in Texas, filed a compensation claim and received $27,850.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com