LIC (Life Insurance Corporation of India) maintains a successful track record. They have achieved a commendable rate of settling 97.95% of their claims within 30 days, with fewer complaints. Their claim settlement ratio is 98.52%, and claim amount settlement ratio is 96.02%. The best part is that they offer the advantage of a short claim form. However, it's important to note that Life Insurance Corporation of India does not offer a personal relationship manager for claims, a home pick-up claim service, or toll-free claim support. Furthermore, they do not provide online tracking of claims.

Canara HSBC OBC Company has settled 100% of their claims in less than 30 days. It is estimated that Canara HSBC OBC Company’s claim settlement ratio is 99.01%, while their claim amount settlement ratio is 96.42%. Additionally, they have an online tracking system for claims, a personal relationship manager for claims, a dedicated toll-free claims service, and a short claim form. On the flip side, they don't offer home pick-up of claims. And, they also have a higher number of claim-related complaints compared to other insurers.

Life Insurance Corporation of India can be reached through their toll-free number and Twitter. Our research indicates that their Twitter response rate is slow, whereas their toll-free service is quick, compared to other insurers. Therefore, if you or your family have any questions or concerns, you can contact them through their toll-free number for prompt assistance.

Customers can reach Canara HSBC OBC Company via their toll-free telephone number and Twitter. Based on our research, we found that their Twitter response rate and toll-free service was average, compared to other insurers. This means you or your family are unlikely to get a quick response if you raise any questions or concerns on Twitter.

LIC Jeevan Kiran offers various customization options. It offers a life cover up to the duration of 70 years. The premiums are payable either monthly, quarterly, half-yearly, or annually. And, the payout options include a lump sum option and monthly instalment option. However, it doesn’t offer an increasing cover option or limited pay options. LIC Jeevan Kiran provides only 2 riders - Accidental Death Benefit Rider and Waiver of Premium Rider for Accidental Disability. You can include riders in your base policy to enhance its coverage.

A variety of customization options are available with Canara HSBC iSelect Smart 360 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 iSelect Smart 360 Plan offers a life cover up to the age of 99 with several limited payment options for 5, 10, 15, 20, 25, 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 iSelect Smart 360 Plan offers a Critical Illness Rider, Waiver of Premium Rider for Critical Illness Rider, Waiver of Premium for Accidental Disability Rider, and an Accidental Death Benefit Rider.