Life Insurance

Max Life Critical Illness Rider

Max Life Critical Illness Rider adds an extra layer of protection in the event that you’re diagnosed with one of the listed 64 Critical Illnesses. It provides an additional critical illness benefit, payable on top of any benefits provided by your base plan. With the Max Life Critical Illness and Disability Rider, you can have peace of mind knowing that you and your family are better prepared for life’s uncertainties.

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How Important is Claims Settlement Ratio in a Life Insurance Policy?

How Important is Claims Settlement Ratio in a Life Insurance Policy?

IRDAI considers the claims settlement ratio as a trustworthy metric in public disclosures. This ratio aids in deciding whether or not the life insurer and the insurance policy are the best options for you.

Here are the definition, calculations, and implications of a life insurance claims settlement ratio for your life insurance policy.

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