Wednesday, January 5, 2022

Latest life insurance claim settlement ratio of companies in 2022

The claim settlement ratio of LIC was 98.62 per cent as at March 31, 2021 compared to 96.69 per cent as at March 31, 2020 and the proportion of claims repudiated/rejected has decreased to 1.0 per cent in 2020-21 from 1.09 per cent in the previous year.

from Personal Finance News-Wealth-Economic Times https://ift.tt/32TRYmH

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