Latest life insurance claim settlement ratios of insurance companies in India

Claim settlement ratio is a percentage of claims that the insurer has paid out against the number of outstanding claims during a financial year. So if you are planning to buy a new life insurance policy or renew your existing one, along with checking the premium amount and coverage, you must check the claim settlement ratio of the insurer.

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