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.

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.

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.

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.

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.

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.