Sentences with phrase «insured last financial year»

Life Insurance Corporation (LIC) of India has paid out more as the settlements against the claims from its insured last financial year, in the meanwhile its private sector peers have improved their claim settlement ratio (CSR), with an improved customer service.The claims - to - settlement ratio, i.e. the proportion of the policies paid out per 100 claims, for Life Insurance Corporation of India was at around 98.31 percent, recording a significant improvement.