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Xperitus Insurance Brokers Private Limited

Insurance, India, Maharashtra, Mumbai

Xperitus Insurance Brokers Private Limited is a leading insurance brokerage firm specializing in commercial and personal insurance solutions, with a focus on risk management and financial services.

About Xperitus Insurance Brokers Private Limited

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
India, Maharashtra, Mumbai
Official Website
http://www.xperitusinsure.com
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FAQs – Xperitus Insurance Brokers Private Limited

Can I receive more than ACV for my claim?

Yes, if you have Replacement Cost Coverage, your insurer may first pay the ACV and then reimburse you for the depreciation after you replace the item. This ensures you receive the full amount needed to replace the item with a new equivalent.


How do cross-border insurance claims work?

Claims are handled through local laws where the policy is issued, with international arbitration or legal agreements helping resolve disputes between insurers and policyholders.


What is General Average in Marine Insurance?

General Average is a principle where all parties in a sea voyage share losses proportionally when a voluntary sacrifice (such as jettisoning cargo) is made to save the vessel and remaining cargo. Marine Cargo Insurance typically covers General Average contributions.


Do HMO plans cover emergency care?

Yes, HMO plans cover emergency medical services even if treatment is received outside the network. However, follow-up care must typically be coordinated within the HMO network to be covered.


How do incentives help mitigate moral hazard?

Structured incentives like no-claim bonuses, discounts for safe behavior, and lower premiums for preventive measures encourage responsible actions and reduce risk-taking.


How does an insurer improve its Claim Settlement Ratio?

Insurers can improve CSR by streamlining claims processing, investing in better customer support, having clearer documentation, and ensuring that claims assessments are fair and timely. A robust CSR often correlates with effective internal processes.


What is the difference between an insurance company and a TPA?

An insurance company underwrites and assumes risk, while a TPA acts as an outsourced service provider handling administrative functions like claims processing, customer support, and compliance on behalf of the insurer.


How long does marine freight insurance coverage last?

Coverage usually applies from the point of origin until the cargo reaches its final destination, as specified in the policy terms.


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