Hi,
I want an advice to choose right term insurance plan. My details are M, 35, Non smoker. I want term plan for 30-35years. Following are the plans that I have selected : Aviva and HDFC.
Aviva iLife Annual Premium 11,153 Term:35 years
HDFC Click 2 Protect Annual Premium 14157 Term: 30 years.
Claims settlement ratio:
|
Company Name
|
Claim Settlement Ratio (2011-12)
|
Solvency Ratio
|
|
LIC
|
97.4%
|
1.54
|
|
ICICI Prudential
|
96.5%
|
3.27
|
|
HDFC Life
|
96.2%
|
1.72
|
|
SBI life
|
95.5%
|
2.04
|
|
Kotak
|
92.1%
|
2.67
|
|
Birla Sun Life
|
90.9%
|
2.89
|
|
Bajaj Allianz
|
90.6%
|
2.86
|
|
Max NewYork
|
89.8%
|
3.65
|
|
Aviva
|
89.6%
|
5.4
|
|
ING Vyasa
|
88.8%
|
3
|
|
Bharti Axa
|
87.7%
|
2.14
|
|
Star-Union Dai-ichi
|
86.2%
|
6.7
|
|
Reliance
|
84.6%
|
1.66
|
|
Tata Aig
|
83.9%
|
2.16
|