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Insurer can't deny motor claim
The new rules set out by IRDA will prove to beneficial for the policyholders who face claim rejection on flimsy grounds
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Cashless claim settlement for all from Aug 1
The Insurance Regulatory and Development Authority of India has instructed insurers to establish necessary systems and procedures by July 31, 2024, en
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IRDA wants health claims paid in 3 hrs
Regulator wants settlement times to be brought down and cashless claims are honoured, leading to 100% cashless claim settlement
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Insurance claim delayed? Insurers will have to pay penal interest
Life insurers need to settle claims within 30 days of receiving all documents. Read for details.
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Health insurance: What is the role of incurred claim ratio?
Incurred Claim Ratio (ICR) is the total value of every claim divided by the total premium collected by the insurer during a particular time period
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Few factors you must consider while buying life insurance
Buyers often check and compare the premium payable from different insurers before buying a policy
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9 reasons why your car insurance claim can be rejected
If found driving under the influence of alcohol, your accidental damage claim will not be entertained
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Top-5 life insurers with best claim settlement ratio
The claims settlement ratio signifies the percentage of settled claims by the insurer out of the total claims received
