A time period insurance coverage coverage protects dependents in case of loss of life. So, claim-settlement ratio (CSR) – loss of life claims settled out of complete claims obtained – is vital when deciding on a life insurer. Firms whose CSR is greater, say, over 97 %, might appear to be secure bets. However, go deeper to review CSR by coverage depend and by profit quantity, particularly if you’re shopping for insurance policies with sums assured of over Rs 25 lakh. Some insurers are inclined to settle smaller claims whereas dragging their ft over bigger ones, leading to excessive CSR by coverage depend and comparatively decrease CSR by profit quantity. A large hole is a purple flag.