Sentences with phrase «very high claim settlement ratio»

Not exact matches

Overall, the claim settlement ratio for the life insurance industry stands at 97 %, but a lot of it is because of LIC's large base with very high CSR.

Well i m 29 with no pre disease and planing to buy an Medical insurance for my self only, but after reading so many reviews about so many companies, like some of them are showing good features Like Religare but claim settlement ratio is very low, Some of them have high premium like Max Bupa claim settlement is Good enough but bcz of the high premium and that to be increased every year buying that is not an good option etc etc..

a) Any person who is looking for a plain term insurance plan or b) Any person for whom the high claim settlement ratio is very important even if it comes at a higher cost as compared to premiums of other plans of other companies or c) Any person who would prefer to buy insurance from a Government owned company may go for this plan.

The higher settlement ratio is good for the company as claim rejection chances are very less from such insurance companies.

One thing I would like to point out for the claim settlement ratio for LIC being very high.