General Adjustment Bureau (GAB)
Definition - What does General Adjustment Bureau (GAB) mean?
The General Adjustment Bureau (GAB) is a company that trains insurance adjusters and also provides adjustment services to insurance companies that have no pool of adjusters of their own.
Insuranceopedia explains General Adjustment Bureau (GAB)
The General Adjustment Bureau started its operations in Texas on January 10, 1947. It is headquartered in Nebraska and has offices throughout the United States.
Insurance adjusters are trained to investigate insurance claims before the insurance company pays them. Some companies have the resources to employ a pool of adjusters, but others don't. The companies in the latter category can instead depend on the Bureau to clear their claims.
How Well Do You Know Your Life Insurance?
The more you know about life insurance, the better prepared you are to find the best coverage for you.
Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.