Sentences with phrase «size of death claims»

Irda said the average size of death claims in motor third - party policies saw a 27.2 per cent rise in 2012 - 13 (as of March 30, 2013), compared to the previous year.

From 2009 - 10, a steady increase in the size of death claims has been seen in this segment (barring 2010 - 11, when there was a 9.38 per cent rise, compared with a 16.26 per cent increase in 2009 - 10).

Not exact matches

«However, despite the reported size of his estate, given the large number of potential claims related to the horrific injuries and deaths he caused, the chance that any particular victim will be justly compensated from the estate does not appear to be likely,» adds Mr. Zeiger, head of the litigation section at Shackelford, Bowen, McKinley & Norton.

«It is observed that there is a high increase in average death claim size for FY2013 - 14 over the previous year, and the increase in death claim size for the claims arising out of the policies issued in the years 2014 - 15 and 2015 - 16 (which would get settled over the next 8 - 10 years period) is expected to be much higher,» the exposure draft noted.

Because over a large sample size the statistics hold very true, the life insurance company can predict with a high degree of accuracy the percentage of policy holders that will have a death claim filed in any given year.