Most of the private insurance companies are very much interested in collecting premium and extra premium money from the insurer without any appreciable information about the practical benefit to the insurer.
Moreover they mostly denied to the insurer various impracticable reasons during accident benefit , hospitalization benefit as in-patient/out-patient snake, bite benefit etc claims for which the insurer knowingly or unknowingly remit the extra premium amount .
Otherwise the private insurance companies are indulging in very much delayed disbursement of poor and very much less amount of payment...
more... after deducting various administrative expenses, default premium etc by