Latest Life Insurance Claim Settlement Ratio Of Companies
The claim settlement ratio is the number of claims paid out by an insurance company, divided by the total number of claims filed during a particular period
This CSR can help you determine whether a certain insurer and policy are right for you or not
The policyholder must fill out a form to request this payment, which they can obtain by contacting their insurance company directly
In death claims, the applicant can request payment of benefits on behalf of the deceased and receive a settlement amount from the insurance company
An insurance company that maintains a 97% claim settlement ratio is the best company you can go for
Another way to evaluate a company’s commitment to CSR is by examining its financial statements