ClaimRatioIndiaCalculate

Aditya Birla Sun Life Insurance vs United India 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.
MetricABSLIUnited India
CSR 2023-2497.47%90.18%
Founded20001938
HQMumbaiChennai
Typelifegeneral

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

United India — Strengths

  • +Government of India ownership — maximum financial security
  • +Lowest premium options — PSU pricing is heavily subsidised
  • +14,000+ network hospitals nationwide including in rural areas
  • +Serves government employees and scheme beneficiaries
  • +No profit motive — policyholder interests prioritised over shareholders
Full ABSLI review →Full United India review →