claim settlement

Insurance regulator reviews health claim gaps, urges fair settlements

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Navigating the Labyrinth: Are Your Health Insurance Claims Getting Lost in the System? We’ve all been there, staring at a mountain of medical bills, a ...

RBI proposes standardised claim settlement for deceased customers; 15-day deadline, penalties for delay

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The Reserve Bank of India (RBI) has proposed standardised forms and a uniform process for settling claims related to deceased customers’ bank accounts, lockers, and ...

Settling claims to get easier for heirs of deceased clients

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The Reserve Bank of India is set to streamline the process for banks to release funds and valuables of deceased customers, establishing a uniform procedure ...

EPFO settles nearly 50% of claims within 3 days, 69 lakh cases cleared so far this fiscal, automated limit to rise to Rs 5 lakh

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The EPFO has significantly accelerated claim settlements, processing nearly half within three days due to increased automation. As of June 5, 2025, 68.96 lakh claims ...