Compare term, health, life, car, and travel insurance. We track claim settlement ratios so you can choose with confidence.
Ranked by our methodology — led by IRDAI claim-settlement ratio. No paid placements.
Top-rated plans side by side — score, IRDAI claim-settlement ratio and type. Ranked by our methodology, not what pays us most.
| Plan / insurer | Score | Claim settlement | Type | Quote |
|---|---|---|---|---|
| Smart Secure Plus | 94 | 99.3% | term | Quote → |
| Click 2 Protect Super | 92 | 98.6% | term | Quote → |
| Optima Secure | 90 | 98.6% | health | Quote → |
| iProtect Smart | 88 | 97.8% | term | Quote → |
| Acko Comprehensive Car Insurance | 88 | 96.5% | motor | Quote → |
| Star Comprehensive Insurance Policy | 86 | 96% | health | Quote → |
| International Travel Insurance | 86 | 95.5% | travel | Quote → |
| Acko Platinum Health Plan | 84 | 97% | health | Quote → |
Full catalogue
Term life, health, motor, travel from IRDAI-licensed insurers. Filter by premium, sum-assured, claim-settlement-ratio.
HDFC ERGO Optima Secure adds restoration 2.0
Same-illness restore now available (was family-only). Premium hike ~5% on new policies; renewals unaffected until Nov.
IRDAI updates claim-settlement ratio reporting format
Now split by product type (term vs health vs motor). Top 5 term insurers: Max Life 99.3%, HDFC 98.6%, LIC 98.7%.
Source: IRDAI Annual Report 2025-26
Term insurance premiums drop 8-12% across top insurers
Competition intensifying. ₹1 Cr cover at age 30 now ₹620/mo (HDFC), ₹650/mo (Max Life). Lock in long tenure.
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Term vs Whole Life Insurance
Pure protection vs savings — what makes sense at your age?
Head to head
LIC vs HDFC Life Term Plan
CSR, premium, and claim speed compared head-to-head
Head to head
Health Insurance: Star vs ICICI Lombard
Network hospitals, room limits, and no-claim bonus
Head to head
Individual vs Family Floater
When a family plan saves money — and when it doesn't
Head to head
Company Insurance vs Own Policy
Why employer cover alone isn't enough
Head to head
ULIPs vs Term + Mutual Fund
Insurance + investment combo vs buying separately
Editorial — read first
Max Life
Highest CSR in the Indian life insurance market for FY24-25. Includes terminal-illness cover at no extra premi
HDFC Life
Pure term cover with the highest CSR among private insurers (98.6% in IRDAI's FY24-25 report). Premium for ₹1
HDFC ERGO
Comprehensive family floater plan with 100% restoration on same-illness claims (a rarity in 2026). No co-pay u
ICICI Prudential
Highest cover ceiling in market (up to ₹50 Cr). Optional critical-illness rider covers 34 conditions.
Acko
Direct-to-consumer pricing (no agent commission) makes Acko 15-25% cheaper than legacy insurers for the same c
Star Health
Long-running health plan with maternity coverage built in (most plans need a rider). Highest network hospital
Tata AIG
Schengen-compliant travel cover with adventure-sports inclusion (skiing, scuba, trekking). Direct global hospi
Acko
Digital-first health insurance with the lowest premium in its cover bracket (₹10L–₹2Cr). Cashless claims via a
Editorial
Insurance · 20 Jun 2026
Senior health cover is most-needed and most-confusing — and now 18% cheaper after the Sep 2025 GST exemption. Best plans, real premiums, and how to pick by parent's age and city.
Insurance · 19 Jun 2026
Zero-dep adds 15–25% to premium and almost every insurer upsells it. For a new car in city traffic it pays for itself; for an older one it is poor value. The honest 2026 math.
Insurance · 18 Jun 2026
"Tax-free maturity" is no longer automatic. The Section 10(10D) + 194DA rules in 2026 — premium-to-SA test, ULIP ₹2.5L rule, traditional plan ₹5L rule, with worked examples.
Insurance · 17 Jun 2026
Your insurance premium is 18% lower since 22 September 2025 — the GST Council exempted individual health and life. The full 2026 picture, what changed, and what still attracts GST.
Insurance · 16 Jun 2026
The restoration benefit reinstates your health cover after a claim uses it up — so a second hospitalisation in the same year is still covered. Here's how to read the fine print.
Insurance · 16 Jun 2026
IRDAI's 2024 reforms cut the health insurance moratorium from 8 years to 5. After 60 months of continuous cover, an insurer can no longer contest your claim on non-disclosure grounds — except in proven fraud.
Insurance · 16 Jun 2026
Term insurance for a homemaker recognises the real economic value of unpaid household work. Here is who qualifies in 2026, how much cover is offered, and how to buy it.
Insurance · 16 Jun 2026
A clear, reassuring guide to life insurance grace periods, what happens when a policy lapses, and how to revive a lapsed policy under IRDAI rules in 2026.
Insurance · 16 Jun 2026
A homemaker's work is worth ₹40k–₹80k a month to replace. Term cover for housewives in 2026 — eligibility, sum assured tied to spouse, real premiums, best insurers.
Before you buy
Concept
What CSR actually measures, why health is lower than term, and how to use CSR + ICR + Solvency together.
Read guide →
Glossary
Sum insured vs cover, sub-limit vs deductible vs co-pay, restoration vs refill — decoded with examples.
Read guide →
Reality check
Term-vs-endowment math, LIC-vs-private CSR, ULIPs decoded — with Section + IRDAI citations.
Read guide →
Switch insurers
IRDAI 2020 45-day rules + what transfers (PED + NCB) + rejection grounds. Term portability myth busted.
Read guide →
Persona
Senior-specific plans (Star Red Carpet 75+) + 1-yr PED waiting + Section 80D ₹50K bonus.
Read guide →
Persona
NRE vs NRO premium payment + Section 195 TDS + claim repatriation under FEMA.
Read guide →
Insurance products in India (life, health, motor, term) are issued by insurers licensed by IRDAI. Policy issuance, premiums, sum assured, exclusions, waiting periods, and claim settlement are governed by the policy document and IRDAI regulations. Premiums shown are indicative; final premium depends on age, sum assured, riders, medical history, and underwriting.
Risk note: Read the policy wording, exclusions, and claim-settlement ratio carefully before purchase. We are NOT an IRDAI-registered insurance broker; for advice consult an IRDAI-licensed agent or broker.
InvestingPro is an independent comparison and education platform. We are NOT a SEBI-registered investment advisor, IRDAI-licensed insurance broker, or RBI-licensed lending intermediary. We may earn affiliate commission when you click through to a partner — see how we make money. For personalised advice consult a registered advisor.