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Confused by Claim Settlement Ratios?
This video explains how to analyze CLAIM SETTLEMENT RATIO to assess an insurer's efficiency in settling claims. We'll show you:
● Why company metrics matter for claim settlements
● How to calculate the claim settlement ratio
● Why looking at a 3-5 year average is important
● What a "good" ratio is (and why it's not the only factor)
Don't get caught up in tiny differences! Learn how to use claim settlement ratios effectively to choose the right insurer for you.
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This channel is owned by Algates Consulting IMF Private Limited (Algates Insurance) - an IRDAI Registered Insurance Marketing Firm. The content is designed for educational and informational purposes only and shall not be construed as investment advice, solicitation, recommendation or endorsement of any kind. Please evaluate all the risks associated with the use of any information or other content on this channel. We will not be liable for damages of any kind resulting from such use.
CLAIM Settlement Ratio - Explained
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