ClaimRatioIndiaCalculate

Aditya Birla Sun Life Insurance

Est. 2000Mumbailife insurer
CSR 2023-24
97.47%
Good
Complaints FY 2022-23
3.47
per 10K policies
99.1% disposal rate
Source: IRDAI Annual Report 2022-23
ABSLI is part of the Aditya Birla Capital group, one of India's largest financial conglomerates. It offers guaranteed return plans alongside pure term products.

Claim settlement ratio history

Financial YearCSR %Claims SettledRatingSource
2023-2497.47%8,834GoodIRDAI Annual Report 2023-24
2022-2396.77%8,234GoodIRDAI Annual Report 2022-23

Strengths

  • +97.47% claim settlement ratio (2023-24)
  • +Guaranteed return saving plans for low-risk buyers
  • +Strong distribution via Axis Bank and Birla branches

Limitations

  • -Term premiums are above average in 40+ age bracket
  • -App reviews show mixed experiences for policy servicing

How to file a claim

Claims via online portal, email, or branch. Target completion within 10 working days for complete documents.

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