LIC CLAIM SETTLMENT – INSURANCE CLAIM SETTLEMENT – ALL INDIA LIFE INSURANCE COMPANY – YEAR 2019 – 2020 – DEATH CLAIM ANALYSIS –

Before going through the Death Claim Analysis on basis of Percentage of Number of Claims Settled,  It is important to know the Average Amount of Claim Settled And Repudiated per policy.  You will find that the Average Amount of Claim Repudiated per policy by Private Insurers is quite high when compared with the Average Amount of Claim Paid Per Policy.

It shows that Private Insurers are repudiating High Sum Assured Cases and Settling low Sum Assured Cases.

Check Document given below for details.