Insurance Insights Archives | Page 3 of 3 | Algates Insurance

Understanding Claim Settlement Ratio in Health Insurance

Understanding Claim Settlement Ratio in Health Insurance

by Shashank Bhardwaj | Mar 28, 2025

When purchasing health insurance, one of the key metrics to consider is the Claim Settlement Ratio (CSR). It indicates the percentage of claims an insurer has successfully settled out of the total claims received. A high CSR suggests a reliable insurer, whereas a low...

Health Insurance Claim Rejection: Most Common Reasons

Health Insurance Claim Rejection: Most Common Reasons

by Shashank Bhardwaj | Mar 26, 2025

This article explores the five most common reasons for health insurance claim rejections, including non-disclosure of pre-existing conditions, policy exclusions, non-network hospitals, exceeding coverage limits, and incomplete documentation. Learn how to avoid these...

Best Health Insurance for Seniors (2026)

Shashank Bhardwaj

January 21, 2025

With age, we become more prone to sickness and accidents. Timely access to essential medical treatment…

Best Health Insurance for Seniors (2026)

Max Life Smart Secure Plus Detailed Review

Shashank Bhardwaj

May 7, 2024

Term insurance plans are usually plain and simple. You pay small premiums to your insurer and…

Max Life Smart Secure Plus Detailed Review

Top 3 Health Insurance Plans in India

Shashank Bhardwaj

October 10, 2024

Health insurance is a necessity for everyone today. However, finding a good health insurance plan which…

Top 3 Health Insurance Plans in India

What If My Health Insurance Claim Is Rejected?

Shashank Bhardwaj

October 15, 2024

Health insurance claim rejection is stressful. Unfortunately, we find many people facing this situation. In this…

What If My Health Insurance Claim Is Rejected?