What is a Proof of Loss?

• A. A request for a payment
• B. A medical report from the insurer
• C. A receipt issued by hospital
• D. A written document submitted by the policyowner to the insurer after a loss

Answer: (D)

Proof of Loss is the policyowner’s written, sworn statement to the insurer after a loss, detailing what happened, when and where it occurred, the cause of the loss, and the amount being claimed, along with any supporting documents. This document starts the claim process and gives the insurer a documented basis to verify eligibility and calculate benefits under the policy. The other items don’t fit as the formal claim document: a simple request for payment isn’t the complete sworn statement; a medical report provided by the insurer isn’t submitted by the insured as the claim form; and a hospital receipt shows expenses but doesn’t constitute the formal loss declaration.