Aditya Birla Sun Life Insurance vs Star Health and Allied Insurance
On CSR alone: ABSLI 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.
ABSLI — Strengths
- +97.47% claim settlement ratio (2023-24)
- +Guaranteed return saving plans for low-risk buyers
- +Strong distribution via Axis Bank and Birla branches
Star Health — Strengths
- +Largest standalone health insurer in India
- +91.27% claim settlement ratio (2023-24)
- +14,000+ network hospitals across India
- +Day 1 cover for accidents