A Premium is the amount you pay monthly or yearly to the insurance company for your Insurance Policy.
Compare the premium amount of different insurance companies before buying a policy.
The Claim Settlement Ratio shows the number of claims which were settled by the insurance company out of all the claims which were raised in the year. The Claim Settlement Ratio is published every year by insurance companies on their website.
What is the monthly/ yearly premium you can afford to pay
How much Sum Assured will you need
How is the customer review and experience of the insurance company
What is the insurance company’s persistency ratio and claim settlement ratio
What policy term will best suit you
What are the Additional Coverage benefits of the plan
What is the cost of buying Additional Riders