Sentences with phrase «claim outgo»

Most health insurance companies have introduced this clause to keep a check on the claim outgo.

The co-payment clause in a health insurance policy is aimed at keeping a check on the claims outgo.

Sub-limits are used by insurance companies to reduce their claims outgo.

Not exact matches

In the unfortunate event that the claim can not be admitted, this will provide the insured an opportunity to take necessary action to try and minimise his outgo or otherwise deal with the issue.

Public sector general insurance companies are pressing hard for a quicker disposal of third party motor insurance claims, which could spell an outgo of around Rs 10,000 crore as more than 11 lakh

The outgo is reduced for insurers which in turn results in better claims control.