ClaimRatioIndiaCalculate

SBI 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.
MetricSBI LifeTata AIA
CSR 2023-2495.74%98.53%
Founded20012001
HQMumbaiMumbai
Typelifelife

SBI Life — Strengths

  • +Accessible through SBI's massive branch network
  • +95.74% claim settlement ratio (2023-24)
  • +eShield Next term plan is competitively priced

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 SBI Life review →Full Tata AIA review →