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更新日期：2019-02-14
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main purpose of taking an insurance policy is that it should come in use in the times of crises. In this article, we will look at the different types of life insurance claims and how the settlement process works.
Selection of the right policy from a good life insurance company with a healthy claim settlement ratio is the main requirement for buying a life insurance.
The main function of an insurance company is to ensure easy andtimely settlement of a valid claim in return for the premium paid by the insurer/ policy holder.
The fulfillment by an insurer of its obligation to receive, investigate and act on a claim filed by an insured. It involves multiple administrative and customer service layers that includes review, investigation, adjustment (if necessary), remittance or denial of the claim.