Canara HSBC OBC Company has a record of settling 100% of claims in under 30 days. Canara HSBC Life Insurance Company has a claim settlement ratio of 99.01%, along with a claim amount settlement ratio of 96.42%. They have received a higher number of complaints compared to other insurers. Furthermore, they have a short claim form, dedicated toll-free claim support, and the added benefit of a personal relationship manager for claims. They also offer the convenience of an online tracking system for claims. However, it's important to note that they do not offer home pick-up of claims.

TATA AIA Life Insurance Company has built a good reputation in both the purchase and claim settlement processes. They have achieved an impressive 99.80% claims settlement rate within 30 days, with fewer claim-related complaints. Their claim settlement ratio is 99.01% and claim amount settlement ratio is 94.65%. Furthermore, it offers online tracking of claims and a convenient home pick-up service for claim documents. However, it's important to note that they do not provide a personal relationship manager or a dedicated toll-free service for claims. And, their claim form is relatively lengthy.

You can contact Canara HSBC OBC Company, either through their toll-free telephone number or Twitter. According to our research, it appears that their response rate on Twitter and their toll-free number are both average, compared to other insurers. This means you or your family may not get timely assistance on both of these platforms.

TATA AIA Life Insurance Company provides customer service through both their toll-free number and Twitter. Based on our research, it appears that their toll-free service offers a prompt response, while their response rate on Twitter is slow, compared to other insurers. So, you can contact their toll-free number to receive timely assistance for issues, queries, etc.

A variety of customization options are available with Canara HSBC Young Term Plan. It offers you an increasing cover option in which your coverage by 5% every year until your base policy cover doubles. It is important to note that coverage increases from the second year onwards. Canara HSBC Young Term Plan offers a life cover up to the age of 99 with several limited payment options like 5-pay, 10-pay, 15-pay, pay till 60 years with premiums payable on a monthly, quarterly, half-yearly, or annual basis. Claim payout options include a one-time lump sum option, monthly instalment option, and a combination of both. Canara HSBC Young Term Plan offers a Critical Illness Rider, Waiver of Premium for Critical Illness Rider, Waiver of Premium for Accidental Disability Rider, and an Accidental Death Benefit Rider.

The TATA AIA Maha Raksha Supreme policy offers a variety of customization options. However, it's important to note that this policy does not provide the choice to increase the cover amount over time. With the TATA AIA Maha Raksha Supreme policy, you can enjoy life coverage up to age 85, and it offers several rolling Limited Pay options that range from 5 to 40 years. The claim payout option for this policy is limited to a one-time lump sum payment. Additionally, TATA AIA Maha Raksha Supreme policy offers the option to add riders, such as a Critical Illness Rider and an Accidental Death Benefit Rider. These are optional add-ons that can provide additional protection in case of specific circumstances.