Aditya Birla Health Insurance vs Life Insurance Corporation of India
On CSR alone: LIC leads with a higher claim settlement ratio in FY 2023-24. But CSR is one data point — also compare plans, premiums, and network before deciding.
ABHI — Strengths
- +95.53% claim settlement ratio (2023-24)
- +Up to 30% premium discount for healthy behaviour
- +Chronic illness management covered
- +In-house claim processing
LIC — Strengths
- +Sovereign government backing
- +Largest branch network in India
- +98.62% claim settlement ratio (2023-24)
- +Pays claims on schedule without delays