ClaimRatioIndiaCalculate

Tata AIA Life Insurance vs United India 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.
MetricTata AIAUnited India
CSR 2023-2498.53%90.18%
Founded20011938
HQMumbaiChennai
Typelifegeneral

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

United India — Strengths

  • +Government of India ownership — maximum financial security
  • +Lowest premium options — PSU pricing is heavily subsidised
  • +14,000+ network hospitals nationwide including in rural areas
  • +Serves government employees and scheme beneficiaries
  • +No profit motive — policyholder interests prioritised over shareholders
Full Tata AIA review →Full United India review →