Reasons why your approved insurance claim might be delayed
Even after an insurance claim gets the green light, the payout may not happen right away. According to IBAI President Narendra Bharindwal, several factors can hold up the process, including mistakes in KYC or bank information, discrepancies in names or account numbers, and missing consent or discharge paperwork. Additionally, the final payment often depends on hospitals, TPAs, surveyors, and repair shops finishing their specific administrative tasks.
by shortkt.com✓