ClaimRatioIndiaCalculate

ICICI Prudential Life Insurance vs Tata AIA Life Insurance

On CSR alone: Tata AIA 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 LifeTata AIA
CSR 2023-2497.90%98.53%
Founded20012001
HQMumbaiMumbai
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

Tata AIA — Strengths

  • +98.53% claim settlement ratio (2023-24)
  • +Some of the lowest online term premiums for under-40 buyers
  • +Whole-life term option available
Full ICICI Pru Life review →Full Tata AIA review →