HDFC Life achieves 99.7% claim settlement ratio in FY26
Summary
HDFC Life, one of India's leading life insurers, announced a Claim Settlement Ratio of 99.7% for individual death claims in FY26, highlighting its dedication to customer trust. The company emphasized that claim settlement is the ultimate test of trust in the life insurance sector. Sameer Yogishwar, Chief Operating Officer, stated, "Timely and hassle-free settlement of every genuine claim will continue to be our priority," and noted ongoing efforts to honour customer trust through financial security. HDFC Life has introduced customer‑centric initiatives, leveraging digital workflows, automation, AI‑led validation and analytics to streamline claims assessment, allowing claimants to initiate and track claims online, upload documents digitally and receive timely updates, reducing reliance on branch visits and paperwork.
(Source:Greater Kashmir)