Sentences with phrase «average claim amount settled»
If you analyze the latest data, the average claim amount settled by LIC is very small, which is around Rs 1.14 Lakh per policy.
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In contrast, the average settlement time for claims that were settled by other means was 1,629 days, and the average settlement amount was $ 38,809.
In total, the count of motor claims settled was over 5, 300, while an average amount paid to an individual was Rs. 1.74 lakh.
The average cost to settle dog - bite claims in the U.S. hit a staggering high of $ 37,214 in 2015 — an amount that would probably be financially crippling for all but luxury - class renters.
In the year 2016, the company received 460 death claims and it settled 413 claims with an average claim amount of Rs. 744,068.
The company received a total of 1,266 claims in the year and settled 1,191 claims with the average claim settlement amount of Rs. 285,306.
The company received a total of 14,876 death claims in the year and it settled 13,303 claims with average claim amount at Rs. 229,572.