Hi Pankaj, I am planning to take I-protect term plan from ICICI Pru. Can you guide me how is this plan? and what is claim settlement ratio of ICICI Pru in term plan? How is Aegon Religare term plan? Thanks, Mayank asked Feb 20 '11 at 09:37 by Mayank 16●4●5●7 |
Out of all private insurance companies, ICICI have a better claim settlement ratio for total insurance claims in 2009-10. Report from IRDA does not show data for different type of policies, so can't really say how much is actual settlement ratio for term plans. Premium on ICICI I-protect plans are one of the lowest in industry. Its definitely better than Aegon Religare. As a company also, ICICI Prudential is bigger player and has recently turned profitable. You may also consider getting two term insurances, one each from LIC (Amulya Jeevan) and ICICI (iProtect). answered Feb 21 '11 at 11:39 by Pankaj Batra 5.2k●3●20 |