What is the difference between a claim and a lawsuit?

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What is the difference between an insurance policy and a contract?
What is a policy limit?
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What types of insurance claims are there?
What information do I need to provide when filing an insurance claim?
What documents do I need to submit with an insurance claim?
How do I know if an insurance claim has been settled?
How long does it take to process an insurance claim?
What is an exclusion in an insurance policy?

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