ClaimRatioIndiaCalculate

ManipalCigna Health Insurance vs Max Life Insurance

On CSR alone: Max 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.
MetricManipalCignaMax Life
CSR 2023-2491.75%99.51%
Founded20142000
HQMumbaiNew Delhi
Typehealthlife

ManipalCigna — Strengths

  • +91.75% claim settlement ratio (2023-24)
  • +Covers chronic disease management from day one
  • +No sub-limits on room rent in top plans
  • +Global emergency cover available

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 ManipalCigna review →Full Max Life review →