Car Insurance Company Claim Settlement Ratio at Car Insurance

Car Insurance Company Claim Settlement Ratio. It is figured out as the total number of claims received against the total number of claims settled. The best car insurance companies in terms of claims settlement ratio are iffco tokio, royal sundram, oriental insurance, hdfc ergo and universal sumbo.

Why The Claim Settlement Ratio Isn't The Best Measure For Comparing Term  Insurance Policies
Why The Claim Settlement Ratio Isn't The Best Measure For Comparing Term Insurance Policies from www.moneycontrol.com

Claim settlement ratio (csr) is a numerical figure that measures the claims that a life insurance company has settled successfully against the total claims that were made on it. (total claims settled/total claims intimated) motor. One good parameter to compare.

Why The Claim Settlement Ratio Isn't The Best Measure For Comparing Term Insurance Policies

This ratio gives you an idea as to how reliable the health insurance company can be in case you need to make a claim. Csr is a good indicator of the claim settlement rate of an insurance company. Claim settlement ratio of life insurance companies. One good parameter to compare.