ClaimRatioIndiaCalculate

ICICI Prudential Life Insurance vs PNB MetLife India Insurance

On CSR alone: ICICI Pru 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.
MetricICICI Pru LifePNB MetLife
CSR 2023-2497.90%97.37%
Founded20012001
HQMumbaiBengaluru
Typelifelife

ICICI Pru Life — Strengths

  • +97.90% claim settlement ratio (2023-24)
  • +iProtect Smart is one of the most-bought term plans online
  • +Same-day policy issuance for healthy profiles

PNB MetLife — Strengths

  • +97.37% claim settlement ratio (2023-24)
  • +Good rural and semi-urban access via PNB branches
  • +Mera Term Plan Plus includes return of premium option
Full ICICI Pru Life review →Full PNB MetLife review →