Search For "claims settlement ratio"
The Claim Settlement Ratio: How to Interpret It
Updated : 1 year ago IST
New Delhi [India], February 27: A sudden accident or unexpected event can cause injury, harm, or even death, resulting in loss of income. In such scenarios, life insurance provides financial support, compensating for the future income lost. Therefore, choosing a reliable life insurer who ful
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Decoding Motor Insurance Data: Don't Just Compare Premiums, Understand Cla
Updated : 1 year, 6 months ago IST
New Delhi [India], September 3: Choosing motor insurance isn't just about finding the cheapest premium; it's about ensuring peace of mind knowing your insurer will be there when you need them most. Two key metrics, the Claims Settlement Ratio and the Claims Disposal Ratio, provide valuable
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Max Life achieves Claims Settlement Ratio of 99.34 per cent in FY22: IRDAI
Updated : 3 years, 2 months ago IST
New Delhi [India], January 12 (ANI/NewsVoir): Max Life Insurance Co Ltd has announced that it disbursed 30,830 death claims worth INR 2,009 crore in the financial year 2021-22, attaining an individual death claims paid ratio of 99.34 per cent. With this, Max Life has surpassed the coveted 99
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