ClaimRatioIndiaCalculate

Aditya Birla Health Insurance vs Max Life Insurance

On CSR alone: Max Life 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.
MetricABHIMax Life
CSR 2023-2495.53%99.51%
Founded20162000
HQMumbaiNew Delhi
Typehealthlife

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

Max Life — Strengths

  • +99.51% claim settlement ratio (2023-24) — highest in the industry
  • +Terminal illness benefit included by default
  • +Strong bancassurance via Axis Bank
Full ABHI review →Full Max Life review →