Life insurance policy is a two way contract between the insurance company and the insured based on the principle of utmost good faith. The insured (whose risk of life is covered by the insurance company) promises to pay the premium as per the policy contract terms and conditions. On the other hand, the insurance company […]
source https://thebtrader.com/2019/10/14/life-insurance-companies-claim-settlement-ratio/?utm_source=rss&utm_medium=rss&utm_campaign=life-insurance-companies-claim-settlement-ratio
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