It could lead to
a lesser claim settlement ratio for them.
Not exact matches
Here the list of the top car insurance companies who have reliable
claim settlement ratio in
less time period.
The higher
settlement ratio is good for the company as
claim rejection chances are very
less from such insurance companies.
Shall i split this term plan as 50 -50 as
claim settlement ratio of Agon is
less compare to HDFC life, i know company is very much new in market still i worried.
The
claim settlement ratio could be lower for the new entrants in the industry as they have limited business initially and death
claims are very
less to be reported which could lead to low
claim settlement ratio.
I am generally not comfortable with insurers having
less than 85 %
claim settlement ratio.
I am not comfortable with
claim settlement ratios of
less than 85 %.
I asked why I should not buy ICICI Pru term plan or HDFC Term plan or SBI Term plan which was coming with 40 %
lesser premium and also
claim settlement ratio is in Top - 5.
For a private insurance company whose
claim settlement ratio is
less, in future, our family could be one of them whom the
settlement would not be done.