HDFC has one of the highest claim settlement in the market with a great track record. Any claim settlement ratio of higher than 85% is considered advisable.
A point to bear in mind is that oftentimes a new insurance company comes up which has a relatively high claim settlement ratio but a poor track record of claim settlement in the past, so it is not advisable to take such a policy given their track record and instead go with a policy from any insurance company which has consistent claim settlement ratios.
A point to bear in mind is that oftentimes a new insurance company comes up which has a relatively high claim settlement ratio but a poor track record of claim settlement in the past, so it is not advisable to take such a policy given their track record and instead go with a policy from any insurance company which has consistent claim settlement ratios.
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