Life insurance companies in India
These are the 24 life insurance companies we review, A to Z, with two numbers from IRDAI’s published data where it has them: the share of death claims each settled, and the complaints it drew per 10,000 claims. A missing figure shows as NA. The first number barely separates insurers; the second does. Tap a name for our full review, including what your nominee has to do to file a claim.
Written by Shadab SayeedReviewed by Kshitij JainUpdated nyvo insurance Services LLP, IRDAI Corporate Agent (Composite) CA1085Salaried advisors, no commission-based ranking
Source: IRDAI published data, weighted average of the last three financial years, latest available as of March 2026. Death claims settled are counted by number of policies. Acko Life, CreditAccess Life and Go Digit Life have written life business too recently to have a meaningful ratio, so they show NA rather than a zero. IndiaFirst Life has no complaint figure in the data we hold. Last checked 2026-07-26.
Does a high death claim ratio mean your family will be paid?
Not on its own. Every insurer here with a published figure settles between 96.9% and 99.6% of death claims, because a death claim is usually a yes-or-no question. Complaints are where they differ: from 1.33 to 180.66 per 10,000 claims. Edelweiss Life, for one, settles 99.3% of death claims and still draws 167.33 complaints per 10,000, so read the two side by side.
Neither tells you whether your own nominee will be paid. That turns on your policy and on what you declared when you bought it. In a policy’s first three years, counted from its issue, the start of risk, a revival or a rider, whichever is later, the insurer can question it for fraud, or for a fact bearing on your life expectancy that was misstated or left out of the proposal form. After those three years it can’t, on any ground (Section 45 of the Insurance Act, 1938, as amended in 2015). Our term insurance claim settlement ratio page explains how to read both figures.
To see the same insurers ordered by complaints, use the term insurance complaint ratio page. If you’re choosing a plan rather than a company, our best term insurance plans for 2026 rates five on claim record, features and premium together.
Choosing a term insurer?
The claim is filed by your family, years from now, when you cannot help them. We help you buy from an insurer that pays, and we stand by the nominee when the claim comes.
Talk to an advisor →nyvo is an IRDAI-registered corporate agent (composite), licence CA1085. Figures are from IRDAI published disclosures, reproduced without adjustment, and describe the insurer rather than any individual policy.