Term Insurance Solutions

Axis Max Life Insurance

Axis Max Life Term Insurance offers high sum assured at affordable premiums, with flexible payout options and long-term coverage up to 85 years. Known for its strong bancassurance model, it provides seamless customer support through Axis Bank branches.

Features and information

Track Record – 25 Years (Very Good)
3 Year Avg. CSR – 99.50% (Good)
3 Year Avg. ASR – 99.50% (Good)
Avg. Complaints – Very low (<1%) 10,000 Costumer’s (Decent)

Notes– Top CSR, excellent service

HDFC Life Insurance

HDFC Life Term Insurance is known for its trust, flexible plans, and wide coverage. With add-ons like critical illness and accidental death benefit, it offers custom protection. The brand stands out for high claim settlement ratios and digital convenience.

Features and information

Track Record – 24 Years (Very Good)
3 Year Avg. CSR – 99.40% (Good)
3 Year Avg. ASR – 96.50% (Good)
Avg. Complaints – Very low (0.5%) 10,000 Costumer’s (Decent)

Notes– Strong CSR & ASR

Bajaj Allianz Life Insurance

Bajaj Allianz Term Insurance provides low-cost, high-cover protection with options like return of premium and whole-life cover. It’s unique for offering health management services and wellness rewards integrated with term plans.

Features and information

Track Record – 23 Years (Very Good)
3 Year Avg. CSR – 99.10% (Good)
3 Year Avg. ASR – 94.3–98.7% (Good)
Avg. Complaints – Very low (1%) 10,000 Costumer’s (Decent)

Notes– High settlement consistency

Tata AIA Life Insurance

Tata AIA Term Insurance combines Tata’s trust with AIA’s global insurance expertise. It offers fast claim settlement, living benefits, and coverage up to 100 years. Unique for its critical illness rider with early-stage coverage.

Features and information

Track Record – 23 Years (Very Good)
3 Year Avg. CSR – 99% (Good)
3 Year Avg. ASR – 94.50% (Good)
Avg. Complaints – Low (<1%) 10,000 Costumer’s (Decent)

Notes– Good CSR, minor service complaints

Aditya Birla Sun Life Insurance

Aditya Birla Term Insurance offers robust term plans with lifestyle-based premium discounts. It’s unique for wellness rewards and chronic illness cover, encouraging healthy living through its Active Health Management program.

Features and information

Track Record – 24 Years (Very Good)
3 Year Avg. CSR – 98.10% (Good)
3 Year Avg. ASR – 92.20% (Good)
Avg. Complaints – Very low (1–2%) 10,000 Costumer’s (Decent)

Notes– Low complaint rate

Kotak Life Insurance

Kotak Term Insurance offers economical coverage with multiple payout options and high sum assured. It’s well-known for flexible premium payment terms and simple plan structures with optional riders for enhanced protection.

Features and information

Track Record – 24 Years (Very Good)
3 Year Avg. CSR – 98.6–98.8% (Good)
3 Year Avg. ASR – 90.90% (Good)
Avg. Complaints – Very low (<1%) 10,000 Costumer’s (Decent)

Notes– Solid CSR, efficient payouts

LIC of India Life Insurance

LIC Term Insurance is one of the most trusted names in India, backed by decades of service. Known for guaranteed claim settlement and vast offline reach, LIC offers simple, reliable term plans preferred by traditional customers.

Features and information

Track Record – 69 Years (Very Good)
3 Year Avg. CSR – 98.70% (Good)
3 Year Avg. ASR – 95.20% (Good)
Avg. Complaints – Low (0.6%) 10,000 Costumer’s (Decent)

Notes– Government-owned, huge trust

SBI Life Insurance

SBI Life Term Insurance is backed by India’s largest public-sector bank and offers comprehensive plans with flexible premium options. Its trust factor, affordability, and strong claim settlement history make it stand out.

Features and information

Track Record – 23 Years (Very Good)
3 Year Avg. CSR – 97% (Good)
3 Year Avg. ASR – 94.90% (Good)
Avg. Complaints – Low (2–3%) 10,000 Costumer’s (Decent)

Notes– Lower CSR vs peers, larger complaint ratio

Shriram Life Insurance

Shriram Life Term Insurance focuses on providing affordable coverage to underserved and rural markets. Its unique appeal lies in simplified underwriting, low premiums, and high accessibility across Tier 2 & Tier 3 cities.

Features and information

Track Record – 19 Years (Very Good)
3 Year Avg. CSR – 95.1%–95.8% (Good)
3 Year Avg. ASR – 80.01% (Good)
Avg. Complaints – Higher (2–11%) 10,000 Costumer’s (Decent)

Notes– Lower CSR & higher complaints

Canara HSBC Life Insurance

Canara HSBC Term Insurance offers customizable term plans with add-ons like child education, accidental death, and critical illness benefits. It’s unique for its integration with Canara Bank & HSBC networks, offering both digital and branch access.

Features and information

17 Track Record – 17 Years (Very Good)
3 Year Avg. CSR – 99–99.1% (Good)
3 Year Avg. ASR – 96.10% (Good)
Avg. Complaints – Very low (<1%) 10,000 Costumer’s (Decent)