Sentences with phrase «high claims ratio»

As a result, companies can lower rates for categories with a lower claims ratio and raise rates for categories with higher claims ratio.

If you live in an area with high claims ratio it will affect your rates.

PolicyBachat is the right platform to get the best insurance quotes from the genuine insurance carriers who have high claim ratio in the market.

Opt for the right insurance company which has highest claim ratio for premium and high - end vehicles.

Health insurance is presently saddled with high claims ratio especially in the group health insurance portfolio.

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)

Among the various segments, health insurance and motor insurance had a high claims ratio at 96.93 per cent and 77.14 per cent respectively.

But because of their high claims ratio companies often decline them insurance.

Despite huge investments, public sector insurance companies are facing a high claim ratio and falling profitability

Despite huge investments, public sector general insurance companies are facing a high claim ratio, falling profitability and poor solvency ratios.

Private sector insurers try to avoid writing such policies because of the high claim ratio in the commercial vehicle space.

In the wake of the high claims ratio from commercial vehicles, insurance companies provide insurance cover to risky customers like commercial vehicles from a common «declined pool» created specifically for the purpose, and not from their own books.

Companies which have the highest claim ratio are always the first recommendation to buy.

If the company maintains a higher claim ratio, it means they have settled a large number of claims.

According to IRDA, motor insurance had a high claims ratio of 77.14 %.

You must choose the insurer with a higher claims ratio.