Distribution - Number of branches pan India (March 2019)
65
Entry Age Minimum/Maximum (Years) - Term Plans
21/65
Sum Assured Minimum / Maximum - Term Plans
50 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
10/64
Solvency Ratio (FY 2018-19) *
3.34
Number of Policies Sold (Ind+Group) *
47,520
Number of Lives Covered (Ind+Group) **
115,816
Claims Settlement Ratio (Ind+Group) ***
97.45%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20 | *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published
