Sentences with phrase «claim settlement ratio of that company»

So it is a little difficult to judge claims settlement ratio of a company based on a single number for a year, or sometimes even based on a trend.

Are you aware of the insurance claim settlement ratio of the company you are considering?

Claim Settlement ratio of a company informs you about the number of policies that are settled by paying back the claims in case of death.

The company offers exclusive range of insurance products to cater various specific insurance needs of the customers.The Claim Settlement Ratio of the company for the year 2015 - 16 is 92.52 %.

ICICI Lombard offers diversified need based health insurance solutions to provide the nee specific health plans to its customers.The Claim Settlement Ratio of the company for the year 2015 - 16 is 81.47 %.

The current claim settlement ratio of the company is 96.80 %.

Claim Settlement Ratio: Claim settlement ratio of the company symbolizes the proportion of the total claims settled against the total number of claims filed.

Claim Settlement Ratio: Claim settlement ratio of the company replicates the proportion of the total claims settled against the total claims raised.

The strong and expert partners of the company make the company a robust entity and one of the most profitable insurer in the insurance sector.The Claim Settlement Ratio of the company for the year 2015 - 16 is 72.30 %.

The company also has an enormous distribution network range which includes brokers, retail and corporate agents, bancassurance along with its direct sales force.The company offers a plethora of products catering to the needs of Indian customers.HDFC ERGO General Insurance Co. has been assigned «iAAA» rating by ICRA signifying its highest claim paying capability.The Claim Settlement Ratio of the company for the year 2015 - 16 is 72.82 %.

Hello Neha, The features of iTerm plan are very good but the overall claim settlement ratio of the company is a dampener.

For instance, if a life insurance company receives 1000 death claims and settles 950, the claim settlement ratio of that company would be 95 %.

Just make sure to check the claim settlement ratio of the company to get an idea about its background.

Let's suppose, a life insurance company receives 1000 claims, but process or pays out for just 980 claims, then the claim settlement ratio of that company will be 98 %.

The higher the claim settlement ratio of the company, the more favorable it would be for you to buy insurance policy from.

If a life insurance company receives 1000 death claims and settles 950, the claim settlement ratio of that company would be 95 %.

For instance, if a life insurance company receives 100 death claims and settles 95, the claim settlement ratio of that company would be 95 %.

Background research is necessary to know the trustworthiness of the company, check for the claim settlement ratio of each company.

Policyholder needs to check and compare the claim settlement ratio of the company from which he or she is thinking to buy a policy and if the company is serving the customers with the facility of Term Insurance since long or the company is new to the concept of term insurance.

You should check out the claim settlement ratio of every company before choosing a term plan in India.

Most often, agents will try to hard sell the company they work for, irrespective of how good or bad the claim settlement ratio of that company is.

For example, if a company has settled 98 claims out of the 100 claims that it received, then the claim settlement ratio of that company is 98 %.

It would be wise to ask about the claim settlement ratio of the company and compare it with other insurance companies.

According to the sources, the claim settlement ratio of the company has improved to 94 percent from 88 %.

The Claim Settlement Ratio of the company for the year 2015 - 16 is 87.84 %.

Thats the reason why the claim settlement ratios of companies like Aegon Religare and few other insurers who have started business in the last 3 - 5 years seem to have a bad claim settlement ratio and appear at the bottom in the table.

But the claim settlement ratio of these companies: Aegon Religare (CSR — 66.82 %), Bharti Axa (CSR — 89.48 % is lower than some other companies in the same segment.

Just make sure to check the claim settlement ratio of the company to get an idea about its background.

The higher the claim settlement ratio of the company, its more reliable in terms of settling the claim.

For instance, in a given year, if a company receives 100 claims but settles 80 claims out of 100, it means the claim settlement ratio of the company is 80 %.

If the claim settlement ratio of a company goes bad, people will not buy from that company and the company will end up losing market share

And if people ask questions based on claim settlement ratios of companies then I will give answers based on claim settlement ratios of companies.