Given the growing prevalence of mobile applications for every service you can think of, insurance companies have also jumped on the bandwagon to interact with their policyholders. Starting with the purchase of the policy and premium payment to claim settlement, insurers are using mobile apps for faster completion of transactions, particularly in motor insurance. But claim settlement is where the apps especially come in handy.
Speedy settlement
Any motor insurance claim consists of three elements — claim intimation, surveyor assessment and claim settlement — based on the policy coverage.
When your vehicle meets with an accident, you have to intimate your insurer at the earliest. In most cases, you can now inform the insurer through a mobile application. You can not only initiate the claim process through the app but also check your claims history and status.
You can also look for nearby garages to take your vehicle for cashless service.
Bu hikaye The Hindu Business Line dergisinin September 30, 2019 sayısından alınmıştır.
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Bu hikaye The Hindu Business Line dergisinin September 30, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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