This synchronous API extract in real-time relevant information from Insurance Receipt document such as Assured Name, Assured Address, Contract Number, Contract Start Date, Contract End Date, Coverage Type, Premium Amount, Payment Date, Payment Mode, General Conditions, Deductible, Coverage Details, Receipt Number, Receipt Issue Date and Insurer Signature.
Verifying insurance receipts is important for several reasons. Firstly, it ensures that the information provided by the insured is accurate and matches the policy details. This helps prevent fraud and ensures that the policyholder is receiving the correct coverage. Secondly, verifying insurance receipts allows for proper record-keeping and auditing. Insurance companies need to maintain accurate records of policies and payments for regulatory compliance and financial reporting. Finally, extracting key information from insurance receipts allows for efficient processing and analysis of data, enabling insurance companies to make informed decisions and improve their services.
Maximum file size: 5 MB.
Maximum number of calls per minute: 10 calls.
For better results, it is highly recommended to provide documents
under these properties :
- The image resolution should be greater than 200 DPI
- The document must not be blurred or rotated
- In case of a photo document, make sure that the text area does not contain any highlights or shadows
- The entire document must be in the frame
