What is Tata AIA claim settlement ratio?

Tata AIA Life Insurance's claim settlement ratio is 98.53% for FY 2023-24, sourced from IRDAI annual reports.

Is Tata AIA reliable for claim settlement?

Yes. Tata AIA Life Insurance has a 98.53% CSR (FY 2023-24), well above the industry average of ~90%.

How to file a claim with Tata AIA?

To file a claim with Tata AIA Life Insurance: (1) Notify the insurer within the stipulated time frame, (2) Submit claim form with required documents, (3) The insurer must settle within 30 days per IRDAI guidelines. Contact the insurer's toll-free number or visit their branch for assistance.

ClaimRatioβCompare Insurers

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Life Insurance · IRDAI Data

Tata AIA Life Insurance

A joint venture between Tata Sons and AIA Group, Tata AIA is known for low online premiums and fast claim processing. The Sampoorna Raksha Supreme term plan offers whole-life cover up to age 100.

LIFECSR 98.53% · FY2023-24Mumbai

CSR FY2023-24

98.5%

12,043 settled

CSR History

Year	CSR %	Claims Settled	Source
FY2023-24 LATEST	98.53%	12,043	IRDAI Annual Report 2023-24
FY2022-23	98.02%	11,234	IRDAI Annual Report 2022-23

Pros & Cons

Pros

✓98.53% claim settlement ratio (2023-24)
✓Some of the lowest online term premiums for under-40 buyers
✓Whole-life term option available

Cons

✕Smaller branch network than PSU or bank-backed players
✕Certain riders not available in all states

Complaint Data

Complaints / 10K

1.87

FY2022-23

Grievance Disposal

99.7%

How does Tata AIA compare?

Side-by-side CSR, complaints, and grievance data.

Compare Tata AIA →