Sentences with phrase «low claim settlement ratio»

Low claim settlement ratio of 90 % for 2013 - 14.

In my opinion, there is something wrong with the companies that have very low claim settlement ratios by amount.

Lower claim settlement ratio implies that the insurer has rejected a large number of claims out of the total reported.

Readers, have you experienced such situation where you purchased insurance plan and realised low claim settlement ratio?

Considering life insurance plans are high risk from such low claim settlement ratio insurers.

Companies with low claim settlement ratio does not signify that the they do not have the intention of paying the claim at the time of settlement.

Hi Jignesh, It had low claim settlement ratio till 2 years back (FY11 - 52 %, FY12 - 66 %, FY13 - 67 %, FY14 - 81 %, FY15 - 90 %, FY16 - 95 %).

Speaking of low Claims Settlement ratio of the above insurers, as u pointed out, it is clearly a matter of understanding what information was asked for and providing it with documentary evidence where ever possible.

Car insurers with low claim settlement ratio will do no better with your car plan.A thought for benefit, you can always port your existing car insurance policy with some other best car plan.

Dear Mahesh, As it is a new company, generally the new ones will have lower claim settlement ratio.

But the only concern which is bothering me is that aegon religare has low claim settlement ratio...... so do respond me as to which term plan should i go for........

And many people are not analyzing the companies and sometime buying a term plan with cheap price from a company who has a low claim settlement ratio.

If a company has a low claim settlement ratio, it makes no sense to buy its policy irrespective of how cheap its premium is.

Research Insurer: An insurer with a low claim settlement ratio may spell trouble, so keep an eye on an insurer's financial and service records.

So here Aviva iLife has the lowest premium but they also have the lowest claim settlement ratio.

What if a company has a low claim settlement ratio and a high rejection ratio?

Don't worry about the lower claim settlement ratio of Aegon Religare.

(9 - 15 May 2011), new insurance companies usually have a low claim settlement ratio.

For HDFC medical test and result disclosure looks good but comparatibely higher premium, low claim settlement ratio, and non availability of riders are confusing me.

However, smaller private insurance companies like AEGON Religare, Edelweiss Tokio Life, DLF Pramarica Life, Shriram Life etc. are among the lowest claim settlement ratio in 2012 - 13.

b) Lower Claim Settlement Ratio (CSR) with Low Premium: There are companies like Aegon Religare (iTerm — Rs. 5,393), Bharti Axa (eProtect — Rs. 5,337) that offer term plans at the lowest possible price as compared to some other companies.

On the other hand, a company normally has a low claim settlement ratio in its initial years of operations.

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.

It has low claim settlement ratio.

I accept the fact that OFFLINE are a bit more costly but is it the real picture??? How come the companies with the CHEAPEST online premium are the ones with the lowest CLAIM settlement ratio??