Top 10 Life Insurance Companies, based on CSR

In India, 24 Life Insurance Companies are operating, approved, and Recognized by IRDAI (Insurance Regulatory and Development Authority of India), a regulatory body of the insurance and reinsurance industry. 

Best Top 10 Insurance companies with their Claim Settlement Ratio (CER)

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1. Max Life

The Claim settlement ratio is 99.2% highest in the Life Insurance Industry that is 15,463 claims till now 

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2. HDFC Life

The claim settlement ratio of the company is 99.07%, with 12,626 successful claims paid. 

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3. TATA AIA Life Insurance Company 

The claim settlement ratio is 99.06% as per the latest data, with 3,659 claims paid. 

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4. Pramerica Life Insurance

The company has a Claim Settlement Ratio of 98.42% backed with 569 claims paid.  

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5. Exide Life Insurance Company

The claim settlement ratio of the company is 97.03% and covers almost 3,468 claims.  

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6. Reliance Life Insurance Company

The Claim Settlement Ratio of 98.12% with 8,017 claims paid by the company. 

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7. Bajaj Allianz Life Insurance Company

The claim settlement ratio of the company is 98.02%, with 12,127 claims settled by the company. 

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8. Aegon Life Insurance Company

The claim settlement ratio of the company is 98.01%, with 351 claims settled by the company 

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9. ICICI Prudential

The company have a Claim Settlement Ratio of 98.58% backed with 11,546 claims paid. 

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10. Aditya Birla Sun Life

The Claim Settlement Ratio of the Company is 97.15%, which means, 8,055 claims have been paid. 

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