Star Union Dai-Ichi Life Insurance was established in 2007 and has been actively providing services based in Mumbai since this year. The most important features of the institution can be listed as follows:
- In the insurance packages offered by the institution, 99 years is determined as the maximum cover age.
- Tax benefits are cited as the main benefit of many insurance plans. The maximum tax benefit offered by the institution is known as Rs 75,000.
- In terms of the claim settlement ratio, it is possible to say that the insurance plans and other investment plans of the institution are profitable. According to 2018 – 2019 data, this rate is 96.74 percent.
- Unlike its competitors, the institution has 1564 branches in total in order to provide active service in rural areas. Insurance packages specially shaped according to the needs of people in the rural area also attract attention.
- Star Union Dai Ichi Life Insurance, which has a very large customer base, has succeeded in gaining the trust of 64 million customers in total, even in a sector where there are many competitors. This is a really high rate.
Star Union Dai-Ichi Life Insurance
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6.7
Pros
- Prices are reasonable. You can find some plans much cheaper than other options in India.
- The company has established a few years ago and they are doing a wondeful job with their high quality insurance options at the moment.
- Dedicated customer support.
