A time period insurance coverage coverage protects dependents in case of demise. So, claim-settlement ratio (CSR) – demise claims settled out of whole claims obtained – is vital when choosing a life insurer. Corporations whose CSR is increased, say, over 97 p.c, might appear to be secure bets. However, go deeper to check CSR by coverage rely and by profit quantity, particularly in case you are shopping for insurance policies with sums assured of over Rs 25 lakh. Some insurers are likely to settle smaller claims whereas dragging their ft over bigger ones, leading to excessive CSR by coverage rely and comparatively decrease CSR by profit quantity. A large hole is a purple flag.