Final answer:
A first-party claimant refers to the individual or entity making a claim against their insurance policy. It can include individuals, corporations, and partnerships.
Step-by-step explanation:
A first-party claimant refers to the individual or entity who is making a claim against an insurance policy they have with an insurer. This can include individuals, corporations, and partnerships. For example, if an individual has car insurance and files a claim for damages to their vehicle, they would be considered a first-party claimant. Similarly, if a corporation has property insurance and files a claim for damages to their building, they would also be considered a first-party claimant.