ICICI

ICICI has settled Rs. 982 crore worth of Covid-19 related claims

ICICI has settled Rs. 982 crore worth of Covid-19 related claims

ICICI Prudential Life Insurance’s claim settlement ratio stood at 97.9% during FY2021 and the Company took 1.4 days to settle non-investigated death claims. For the 9 months-ended FY2022, the Company has settled Rs. 982 crore worth of Covid-19 related claims. The mobile app developed by the Company enables customers to choose the layout of the dashboard for ease of access of top transaction options. The Company offers over 3,00,000 touch-points to make renewal premium payments, covering approximately 95% of the pin-codes in the country. These initiatives have enabled the Company to post a 13thmonth persistency of 84.8% for 9M-FY2022, one…
Read More