Insurance Claim Taking Too Long? Speed Up Your Settlement
IRDAI has prescribed specific timelines for claim settlements. If your claim is delayed beyond these timelines, you're entitled to interest and compensation.
IRDAI Settlement Timelines:
- Health Insurance: 30 days for cashless, 30 days for reimbursement
- Life Insurance: 30 days from receipt of documents
- Motor Insurance: 30 days for own damage claims
- General Insurance: 30 days from intimation
Reasons for Delays:
- Incomplete documentation
- Investigation delays
- Internal processing issues
- Technical glitches
Our Action Plan:
- We send legal notices
- File complaints with IRDAI
- Help you approach insurance ombudsman
- And ensure timely settlement with applicable interest
Claim Resolution:
Upon resolving your claim we charge 15%+ GST as a success fee
