img

Max Life Insurance, one of India's leading life insurance companies, provides a comprehensive range of life insurance plans such as protection, savings, child and pension plans. These plans are designed to fit the needs of Indian customers and ensure lifetime protection for you and your loved ones. With a CSR of 99.51% in the financial year 2022-23, the company has settled most of the claims received, indicating a good track record of claim settlement.

img

HDFC Standard Life Insurance Company is a private company providing comprehensive insurance plans to its customers. The company is a joint venture between HDFC Ltd and abrdn plc. It was founded in the year 2000 and is headquartered in Mumbai, India. HDFC Life Insurance company provides financial solutions to individuals with its 372 branches spread across India. Some of the key products offered by the company are term, pension, savings, health, investment, and a wide range of plans catering to the needs of children and women.

img

The Aditya Birla Health Insurance Company was started as a partnership between India's Aditya Birla Group and South Africa-based MMI Holdings in 2015. The company offers a variety of health insurance plans with a focus on chronic care and incentivized wellness. It also offers customized health plans for parents as well as for diseases like COVID-19, cancer, critical illnesses, etc.

Moreover, the Aditya Birla Health Insurance Company enjoys an incurred claim ratio of 69.56% for the year 2021-22. It also comes with a team of dedicated Care Managers who help the policyholders during the claim process.

img

Bajaj Allianz Life Insurance is one of the leading insurance companies of India that offers a comprehensive range of insurance products. The plans offered by Bajaj Life Insurance are designed to provide a protective shield for your family, ensuring their future is secure and safeguarded against life's uncertainties.

img

Care Health Insurance is offered by Care Health Insurance Limited (formerly Religare Health Insurance Company Limited). The company was incorporated in 2012 as a subsidiary of Religare Enterprises but was renamed in August 2020. It specializes in a range of health insurance products designed for individuals and families, including maternity insurance, senior citizen insurance, diabetes insurance, heart insurance, cancer/critical illness insurance, OPD plan, etc.

Care Health Insurance (formerly Religare Health Insurance) boasts of approving all cashless claims within 2 hours. Besides, the company has earned an incurred claim ratio of 65.05% in the year 2021-22.

img

Niva Bupa Health Insurance is a joint enterprise between "True North" private equity firm in India, and Bupa the global expert in healthcare services and health insurance plans. The Niva Bupa is one of the most trusted and popular health insurance companies in India.

Niva Bupa Health Insurance Company Limited has a network of more than 34,000 agents and a wide range of network hospitals offering cashless treatment. The insurer mentions settling down 9 out of 10 cashless claims in just 30 minutes. The company has brought together their varied and vast knowledge and skills in the field of healthcare and insurance.

The Niva Bupa Health Insurance plans have been designed to cater to the different needs of its wide range of customers from newborn to the elderly. The health insurance plans come with a number of add-on benefits and the co-payment clause is also not applicable in most of the plans. Niva bupa claim settlement ratio (formerlly known as Max bupa claim settlement ratio) of 96% also reflects positively.

img

ICICI Lombard has extensive product portfolio, which includes health, motor, travel, rural or home insurance. The insurance products are specifically designed to offer complete insurance solutions to people of all ages, groups and occupations. Targeting both individual and corporate clients, ICICI Lombard has been consistently recognized for its innovative solutions and customer-centric approach. The company endeavors to provide customized insurance products to their customers.

img

Bajaj Allianz health insurance is offered by the Bajaj Allianz General Insurance Company, which was started together by India's Bajaj Finserv Limited and world leader Allianz SE in May 2001. The insurer offers a wide range of health insurance plans catering to the varying health needs of the public. Customized plans to cover women, senior citizens, vector-borne diseases and critical illnesses are also available.

The Bajaj Allianz General Insurance Company has an in-house Health Administration Team (HAT) that approves cashless claims within an hour. Besides, the insurance company has earned an incurred claim ratio of 90.64% in FY 2021-22.

img

HDFC ERGO Health Insurance plans are offered by HDFC ERGO General Insurance Company Limited. The Company was founded as a joint venture between India's HDFC Ltd. and Germany-based ERGO International AG in 2002. These health insurance plans offer comprehensive medical coverage to individuals, families and women at competitive prices.

Customized plans to cover critical illness, COVID-19 and dengue are also available. Moreover, they also offer unique benefits like the Value Buy benefit that enables policyholders to get a discount of up to 50% on opting for a voluntary deductible.

Moreover, the HDFC ERGO General Insurance Company has a fast and efficient claim process that settles cashless claims within 2 hours. In fact, the insurer enjoyed an incurred claim ratio of 97.47% in the year 2021-22.

img

Aditya Birla Sun Life Insurance Company Limited (ABSLI) is a joint venture between Aditya Birla Group and Sun Life Financial Inc. It offers a wide range of insurance plans, such as term plans, savings plans, ULIP plans, child plans, etc. The insurer has a distribution network of over 500 cities and 560 branches. Let's understand more about the insurance companies and the life insurance plans they offer.

img

Tata AIG Health Insurance plans are offered by the Tata AIG General Insurance Company. The company was started as a combined venture between India's Tata group and the American International Group (AIG) in January 2001. The company offers a variety of health insurance plans with customized plans for COVID-19, critical illnesses and maternity coverage.

The Tata AIG General Insurance Company has an in-house claims team that helps to settle claims quickly. The company also enjoys an incurred claim ratio of 86.53% (2021-22), which speaks volumes about the company's financial standing.

img

Digit General Insurance Limited offers non-life general insurance products. It started as Oben, which is German for Go Digit. Nevertheless, Oben General Insurance Limited changed its name to Digit General Insurance to keep it simple. The insurance provider offers a wide range of non-life insurance and solutions via a Digital platform. products