What would NOT be considered part of a settlement in insurance?

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In the context of insurance, a settlement typically refers to the agreement between the insurer and the insured or claimant concerning the compensation for a loss. It involves establishing how much money will be paid to resolve a claim, thereby bringing a case to a conclusion.

While options like payment made by the insurer, agreement on compensation amounts, and the final resolution of a claim are all integral to the settlement process, reopening a claim for further consideration signifies that there is an ongoing dispute or need for additional evaluation. When a claim is reopened, it indicates that the original settlement has not been fully achieved, as the circumstances are being reassessed rather than finalized. Thus, this option stands apart as it does not represent a component of a completed settlement but rather the potential for further negotiation or action on a claim.

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