The correct answer is D. 30 days.
The Insurance Regulatory and Development Authority of India (IRDA) has set a time limit of 30 days for insurers to settle non-early claims from the date of receipt of all documents. This means that if you have submitted all the necessary documents for a claim, the insurer must settle it within 30 days. If they do not, you can file a complaint with the IRDA.
The IRDA has set this time limit to ensure that policyholders are not inconvenienced by delays in claim settlement. It is important to note that this time limit is only for non-early claims. Early claims are those that are settled within 24 hours of the policyholder submitting the claim.
If you have any questions about the IRDA’s time limit for claim settlement, you can contact the IRDA’s customer care department.