5 THINGS TO LOOK FOR IN A GENERAL INSURANCE COMPANY
• LOOKING FOR THE RIGHT GENERAL INSURANCE COMPANY IN INDIA? WELL, THERE IS A PLETHORA OF OPTIONS YOU CAN CHOOSE FROM. THIS IS BOTH GOOD AND BAD. ON ONE HAND, THE COMPETITION BETWEEN INSURANCE PROVIDERS ENSURES ATTRACTIVE PREMIUM RATES. • HOWEVER, ON THE OTHER HAND, CHOOSING ONE INSURER FROM ALL SEA OF OPTIONS AVAILABLE TO YOU CAN BE A CHALLENGE. WELL, THAT’S WHERE THE FOLLOWING ARTICLE CAN HELP! IT WILL HIGHLIGHT 5 IMPORTANT THINGS TO LOOK FOR IN A GENERAL INSURANCE COMPANY TO HELP YOU MAKE THE RIGHT CHOICE.
• 1. GOOD RATINGS. ONE OF THE FIRST THINGS YOU SHOULD LOOK FOR IN A GENERAL INSURANCE COMPANY IS GOOD RATINGS. FOR THIS, YOU CAN VISIT ANY INSURANCE AGGREGATOR. THEY WILL HAVE GENUINE REVIEWS FROM REAL CUSTOMERS. THIS WILL GIVE YOU A GOOD IDEA OF THE AFTER SALES SERVICES, THE CLAIM SETTLEMENT PROCESSES AND CUSTOMER SUPPORT OF THE INSURANCE COMPANY. • 2. NETWORK GARAGES/CASHLESS HOSPITALS. IF YOU ARE BUYING HEALTH OR CAR INSURANCE, THEN YOU SHOULD PAY SPECIAL ATTENTION TO THE NETWORK GARAGES AND CASHLESS HOSPITALS OF THE GENERAL INSURANCE COMPANIES. THIS WILL ENSURE THAT, IN CASE OF A MEDICAL EMERGENCY OR IF YOUR VEHICLE NEEDS REPAIRS, IT IS EASIER FOR YOU TO GET CASHLESS CLAIMS.
• 3. CLAIM SETTLEMENT RATIO. THE NEXT THING YOU SHOULD LOOK FOR IS A GOOD CLAIM SETTLEMENT RECORD. THIS IS BECAUSE, THERE IS NO POINT OF GOOD REVIEWS OR HIGHER NETWORK HOSPITALS/GARAGES, IF THE CHANCES OF YOUR CLAIM BE SETTLED ARE LOW. CLAIM SETTLEMENT RATIO IS THE PERCENTAGE OF SUCCESSFUL CLAIMS AGAINST THE TOTAL NUMBER OF CLAIM MADE. THEREFORE, IT IS ADVISABLE TO CHOOSE A GENERAL INSURANCE COMPANY WITH A CLAIM SETTLEMENT RATIO IN THE 90% RANGE. OF COURSE, THE HIGHER THE CSR THE BETTER!
• 4. ARRAY OF PLANS. EVEN IF YOU ARE LOOKING FOR JUST A SINGLE TYPE OF PLAN, SAY HOME INSURANCE OR HEALTH INSURANCE, IT IS STILL WORTH IT TO LOOK FOR A GENERAL INSURANCE COMPANY THAT HAS A BOUQUET OF OFFERINGS. THIS IS BECAUSE, IN CASE YOU NEED TO BUY ANY FORM OF INSURANCE IN THE FUTURE, YOU CAN APPROACH THE SAME INSURER. THIS IS KNOWN AS BUNDLING OF INSURANCE PLANS AND USUALLY INVITES DISCOUNT ON THE PREMIUM AMOUNTS. 5. AFFORDABLE PREMIUMS. AND OF COURSE, ONE OF THE MOST IMPORTANT THINGS YOU SHOULD LOOK FOR IN A GENERAL INSURANCE COMPANY IS AFFORDABLE PREMIUMS. THE PLANS YOU BUY SHOULD OFFER GOOD COVERAGE AT REASONABLE PRICES. SOME BUYERS PUT AFFORDABLE PREMIUM ABOVE EVERYTHING ELSE. HOWEVER, JUST LOOKING FOR CHEAP PLANS MIGHT RESULT IN YOU CHOOSING SUB-STANDARD PLANS. THEREFORE, IT IS ALWAYS BETTER TO USE INSURANCE CALCULATORS ACROSS THE VARIOUS PROVIDERS. THIS WILL HELP YOU FIND THE PLANS THAT HAVE GOOD COVERAGE AT LOWER PREMIUMS.
• CHOOSING A GENERAL INSURANCE COMPANY IN INDIA A PROCESS THAT REQUIRES DUE DILIGENCE. AFTER ALL, ONCE YOU MAKE THE PAYMENT, YOU WILL BE STUCK WITH THE INSURANCE PROVIDER FOR AT LEAST A YEAR. THEREFORE, WE HOPE THESE POINTERS WILL HELP YOU POINT-POINT THE IDEAL INSURANCE PROVIDER. GOOD LUCK AND ALL THE BEST!
For More Details On
General Insuranc e company Or You Can Visit https://www.naviinsurance.com/
THANK YOU