Do IRDA publishes separate Claim Ratios for Online Term Insurance Plans?

[BigBrother]

I am looking to buy online term insurance plan of a life insurer. Just wanted to check - Do IRDA publishes separate Claim Ratios for Online Plans?

Thanks,

BB

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[v.r.s.nathan]

IRDA don't publish claim ratio specific to a particular type of plan - e.g. only for term insurance plan or ULIP or health Insurance. The annual report gives you the overview of the whole year and includes all the policies sold by that insurer.

Check more details here - Claim Ratio

[BigBrother]

But one of the online life insurer is showing the same on their website?

[v.r.s.nathan]

But one of the online life insurer is showing the same on their website?

Could you please point to the website?

[BigBrother]

Check this -


Source - Aegon Religare Life Insurance Co.

[v.r.s.nathan]

Check Aegon Religare Life Insurance Co.

They are just showing the no. of claims paid for online policies. Not the claim ratio. That too not verified by IRDA.