The correct answer is D. All of the above.
A claim is a demand on the insurer to honor contractual commitment to pay the policy money to the claimant. It is a request made to the insurer by the claimant to settle payment. While in some claims, the contract comes to an end with payment, in other cases the contract continues.
For example, if you have a car insurance policy and you are in an accident, you will file a claim with your insurance company. The insurance company will then investigate the claim and decide whether or not to pay it. If the insurance company decides to pay the claim, they will send you a check for the amount of the damage to your car. However, the insurance contract does not end with the payment of the claim. The insurance company will still be responsible for covering any future damages to your car that are caused by an accident.
In other cases, the insurance contract may end with the payment of the claim. For example, if you have a life insurance policy and you die, the insurance company will pay your beneficiaries the death benefit. However, the insurance contract will end with the payment of the death benefit. The insurance company will not be responsible for covering any future damages that are caused by your death.