Sentences with phrase «high claim ratio comes»

Maturity claims — ratio should be 100 % (with profit policies have to be paid back on maturity, this is where the LIC's high claim ratio comes from)

Not exact matches

«These claims are going to come out of the «woodwork» once interest rates increase, although this may seem an unlikely prospect in the current market, and in particular in those loans prior to 2009 which may have had a high loan to value ratio.

The claim ratio — which is still very high in the medical insurance business — is likely to exert pressure on insurers to hike premiums further in the coming year.

National health insurance plans come with a high claim settlement ratio which confirms the fact that valid National health insurance claims get mostly approved.

Overall conclusion Comparing all the above six term insurance plans we come to the following conclusion a) An individual for whom the claim settlement ratio matters the most (even if it comes at a higher premium), the ultimate choice to go for is LIC e-Term b) Most individuals look for a combination of higher claim settlement ratio & low premium and range of cover options to choose from.

a) Any person who is looking for a plain term insurance plan or b) Any person for whom the high claim settlement ratio is very important even if it comes at a higher cost as compared to premiums of other plans of other companies or c) Any person who would prefer to buy insurance from a Government owned company may go for this plan.

In case you want to go for a company with higher claim settlement ratio then you can look at HDFC Life which has recently come out with an online term plan «Click2Protect»