According to the provisions of Article 23 of the new Insurance Law, when the insured, the insured or the beneficiary file a claim after an insurance accident, if the insurance company considers it necessary to pay the relevant certificates and materials, it shall notify the other party in a timely and one-time manner. After the materials are complete, the insurance company shall verify them in time. If the situation is complicated, it shall be verified within 30 days, and the verification result shall be notified to the other party in writing.
In case of insurance liability, the insurance company shall pay the compensation within 10 days after reaching the compensation agreement. For those who do not belong to the insurance liability, a notice of refusal to pay compensation shall be issued within 3 days from the date of approval and the reasons shall be explained.
When an accident needs to be settled, please give the bill to the insurance company as soon as possible so as to get the settlement money as soon as possible.
Insurance companies have their own claims rules. Under the condition that the bills are complete and verified correctly, some insurance companies stipulate that the payment of less than 1 10,000 yuan without personal injury accidents can be received within one working day; Compensation of 10,000 to 30,000 yuan is usually received within three working days.
Extended data:
Insurance claim settlement refers to the behavior of the insurance company to perform the compensation or payment responsibility according to the contract when the property or personal life of the insured is damaged due to an insurance accident, or when other insurance accidents agreed in the policy require payment of insurance money, which directly embodies the insurance function and fulfills the insurance responsibility.
To put it simply, insurance claim settlement is the behavior of the insurer to deal with the claim made by the insured after the risk accident of the subject matter insured occurs. In insurance management, insurance claim settlement is the concrete embodiment of insurance compensation function.
References:
Baidu encyclopedia-insurance settlement of claims