If a consumer experiences a loss, he or she can file a payout with an insurance company.
Step-by-step explanation:
In addition to fully alternate the loss of a consumer, the insurance companies save them from traumatic fall by payouts. This is provided by the policyholder, once the consumer claims for it under valid reasons and proof.
If a consumer experiences a loss, he or she can file a payout with an insurance company.
This payouts is claimed when the consumer wishes to refund or repair their property and in the case of life loss, the consumers have to show the certificate of the deceased person to claim the payout.