Guwahati, Aug. 5 -- Selecting a life insurance provider is a significant decision. You are, after all, leaving their hands your family's future. So, how can you be sure that an insurance provider is a good one? One of the best ways to know is to check their claim settlement ratio (CSR). Don't worry; it might sound like a complicated word, but we're going to explain it in the simplest possible way.

In this blog, you will know what is claim settlement ratio, why it's important, and how you can verify it before purchasing a policy. We will make everything very simple so that anyone of any age can understand.

First, What is a Claim Settlement Ratio?

Let's suppose: Someone purchases life insurance and unfortunately dies during the policy te...