Your insurer has a duty to defend you and the company from that loss, and that comes in the form of paying for your defense to mitigate the risk of them having to pay
the full claim amount.
Due to the hard work of our attorneys we successfully negotiated a settlement within two months for the driver's insurance policy for
the full claim amount of $ 25,000.00.
We are extremely pleased that the outcome was successful and we were awarded
the full claim amount plus compensation in December 2013.
Your insurer has a duty to defend you and the company from that loss, and that comes in the form of paying for your defense to mitigate the risk of them having to pay
the full claim amount.
Threshold / deductable limit is an aggregate deductable which the customer has to pay either from his pocket or through other Mediclaim, beyond aggregate deductable (crossed in single claim or in multiple claims in a policy year)
full claim amount will be paid by HDFC Ergo General Insurance.
If you own a zero depreciation cover, you will obtain
the full claim amount without any deduction.
However, when you opt for a zero depreciation cover, your insurer will cover the entire cost, and not just a part of it, meaning that it guarantees that
the full claim amount with nil depreciation deduction.
Despite multiple nominees, insurers prefer handing over
the full claim amount to just one of the nominees.
But adding this rider to your motor policy will help you get
the full claim amount, as the insurer won't deduct any depreciation.
You, thus, end up paying a substantial portion of
the full claim amount from your own pocket.
By opting this rider, your claim amount does not subject to any depreciation and you are entitled to receive
the full claim amount.