Define 'third-party claim'.

A third-party claim refers to a situation where a party that is not directly involved in the insurance contract (the third party) seeks compensation for damages or losses from the policyholder’s insurance company. Typically, this happens when the third party believes that the policyholder is liable for their injuries or damages, such as in cases of car accidents or property damage. The third party directly interacts with the policyholder's insurer in order to seek payment for the damages caused by the policyholder’s actions.

This definition distinguishes a third-party claim from a first-party claim, which would involve the policyholder filing a claim against their own insurance for their own losses or damages. The other options presented do not correctly capture the essence of a third-party claim, focusing instead on other types of claims or contexts unrelated to third-party liability.