LIC

Death Claim Settlement Ratio for Life Insurance for FY 2012-13

Life Insurance Claim Settlement Ratio for FY 2012-13

The IRDA annual report for FY 2012-13 is out and the death claim settlement ratio has improved slightly for LIC (Life Insurance Corporation) at 97.7% while it has deteriorated slightly for all Private Insurers combined at 88.6%. Overall it’s at the same level at 96.4%. The table below compares the death claim settlement ratio: Few […]

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