Financial institutions simplify the claims process to ensure full compensation and quick supervision for urgent matters | Financial | Financial institutions
CCTV News: According to the State Administration for Financial Supervision and Administration, as of 10:00 am on August 6th, nearly 190000 insurance reports have been received in the affected areas. The State Administration for Financial Supervision and Administration requires financial institutions to fully provide financial services for flood prevention and disaster relief, and take multiple measures to promote the acceleration and efficiency of insurance claims.
The State Administration for Financial Supervision and Administration requires financial institutions to make every effort to improve the quality and efficiency of claims services, ensuring that all claims are made promptly. Open a green channel for disaster claims, accept reports through multiple channels, adhere to the principle of "special matters and urgent matters", and optimize and simplify the claims process and procedures to the greatest extent possible. At present, multiple insurance companies have opened green channels for claims in disaster stricken areas.
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The State Administration for Financial Regulation also requires disaster stricken areas to initiate a 24-hour reporting system for claims and loss information, continuously follow up on disaster intelligence case statistics and claims progress, and further improve disposal efficiency. As of 10:00 am on August 6th, insurance institutions in 16 disaster stricken areas including Hebei, Beijing, and Heilongjiang have received 189100 insurance reports, with an estimated loss amount of 6.241 billion yuan. At present, 50600 cases have been compensated, with a compensation amount of 264 million yuan.