IRDAI every year release a CSR report and as per IRDAI annual report, the latest claim settlement ratio of Exide Life Insurance is 98.15% for the Financial Year 2019-20. The CSR report make things clear and gives more specific view on insurance policy and insurance plan. The way we spend last year it was like a nightmare and the only thing that you can protect with this nightmare is Insurance plan.
| Life Insurer | Claims Rejection (FY 2019-20) |
Claims Intimated (FY 2019-20) |
Total Claims (Claims Pending + Claims Intimated) | CSR% (FY 2018-19) |
CSR% (FY 2019-20) |
|---|---|---|---|---|---|
| Exide Life | 0.75% | 3468 | NA | 97.03% | 98.15% |