Well, this is a tough one and I was able to find some details as of the year ending 2010 in the internet. Am not sure, how accurate they are, but these are the numbers.
And the Winner is LIC of India with a 96% Claim Settlement Ratio
Other Insurance Cos with High CSRs:
1. HDFC Life - 91%
2. ICICI Prudential - 90%
3. Birla Sun Life - 89%
4. Reliance Life - 89%
5. ING Vysya Life - 89%
6. Bajaj Allianz - 88%
7. Aviva Life - 87%
Note: All these figures are for death claims on life insurance policies
National Insurance Co.Limited under the GIC umbrella has the highest claim settlement ratio in India.
Probably because, they are the best insurance company in India and have the highest claim settlement ratio
Life Insurance Corporation of India is the best rated Life Insurance Company of the world, with 30 crore policies (much larger than population of US) with claim ration of 99.95%.
It depends on the company, probably though.
Almost every insurance claims to provide the best settlement ratio. You will find plenty but to ensure which one actually fulfills all your requirements and providing you the best services you should compare the policy online.. By comparing you can choose the best and be saved from fake commitments..
Bharat claims is one of the leading insurance claim management service provider companies in India. You can google and contact them for the preservance of your rights and benefits. Don't get fooled out by insurance companies. Consult all your queries with an insurance claim support agency.
Agriculture Insurance Company of India was created in 2002.
Agriculture Insurance Company of India's population is 200.
United India Insurance Company Limited was created in 1938.
The population of United India Insurance Company Limited is 17,332.
masuliputam
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