News From Press Latest life insurance claim settlement ratios of insurance companies in India

Latest life insurance claim settlement ratios of insurance companies in India

Source: Economic Times Jan 28, 2023

As the main motto of buying a life insurance policy is to secure dependent family members in case of a policyholder's unfortunate death, the claim settlement ratio plays an important role when choosing the policy. Claim settlement ratio is a percentage of claims that the insurer has paid out against the number of outstanding claims during a financial year.

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