Page 193 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

2019-20 1259.94 7.38 3.76 0.00 0.00 1271.08 8268 43 10 0 0 8321
TABLE 39: DURATION-WISE SETTLEMENT OF CLAIMS-MICRO INSURANCE - INDVIDUAL CATEGORY (Contd... 39)
2018-19 1395.97 79.60 56.97 1.00 9.74 0.00 2.64 0.00 4.64 1476.56 9242 9935 149 158 4 21 0 9 0 14 9395

INDUSTRY TOTAL 2017-18 2016-17 1490.57 1926.88 72.31 21.21 0.65 0.80 1564.56 2021.85 12399 265 45 2 5 10137 12716

2015-16 1557.89 464.70 24.29 0.00 0.00 2046.89 11282 2742 35 0 0 14059

2014-15 2102.19 45.19 9.97 0.00 0.18 2157.53 13056 70 10 0 2 13138

2013-14 2350.69 4.28 5.16 0.15 2.70 2362.97 15558 22 20 1 9 15610

2019-20 1107.30 6.49 3.70 0.00 0.00 1117.49 6478 28 10 0 0 6516

2018-19 1124.65 56.35 0.40 0.00 0.00 1181.40 6629 76 2 0 0 6707

2017-18 1264.01 31.54 1.32 2.64 4.64 1304.15 7104 95 6 9 14 7228

LIC 1 5
2016-17 1457.56 32.24 3.90 0.40 0.80 1494.90 8233 208 23 8470

2015-16 1156.96 406.59 0.00 0.00 0.00 1563.55 7127 2505 0 0 0 9632

2014-15 1817.67 0.00 0.00 0.00 0.00 1817.67 11365 0 0 0 0 11365

2013-14 2005.35 0.00 0.00 0.00 0.00 2005.35 12048 0 0 0 0 12048 Note: No death claims have been paid by the rest of the companies during these years.

PARTICULARS Settlement of claims- Benefit Amount Paid Within 1 month Within 1-3 months Within 3-6 months Within 6-12 months More than 12 months Total Claims Settled Settlement of claims- Number of Policies Within 1 month Within 1-3 months Within 3-6 months Within 6-12 months More than 12 months Total Claims Settled

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