ClaimRatioIndiaCalculate

HDFC ERGO Health Insurance vs Max Life Insurance

On CSR alone: HDFC ERGO Health 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.
MetricHDFC ERGO HealthMax Life
CSR 2023-24100.00%99.51%
Founded20022000
HQMumbaiNew Delhi
Typehealthlife

HDFC ERGO Health — Strengths

  • +100% claim settlement ratio (2023-24)
  • +Optima Secure plan covers room rent without capping
  • +Zero co-pay for all ages at network hospitals
  • +Bonus of 50% added each claim-free year

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 HDFC ERGO Health review →Full Max Life review →