Life Insurance Companies in India

My son is has finished his master’s degree in the USA, and has finally settled down with a great job. He lives in San Diego, and has set up a nice house along the coast. He has been asking me and my wife to join him for a few months. Since the visa permits that we stay for 6 months, we have booked our trip in such a way. However, I am not in the best of health. If something unfortunate happens to me while I am in the US, will my life insurance still be valid? Can my beneficiaries still get the sum assured?
riteshpatil22
Asked Mar 30, 2015
Yes. The life insurance companies in India will cover a death in another country, if you are an Indian resident. So, your beneficiaries will be entitled to the sum assured, when they file for a claim.
http://insurance.birlasunlife.com/Pages/Individual/About-Us/Overview.aspx
rajivanand56
Answered Mar 30, 2015
List of Life Insurance Companies in India Claim Settlement Ratio

AEGON Life Insurance 95.67%

Aviva Life Insurance 94.45%

Bajaj Allianz Life Insurance 92.04%

Bharti AXA Life Insurance 96.85%

Birla Sun Life Insurance 94.69%

Canara HSBC OBC Life Insurance 95.22%

DHFL Pramerica Life Insurance 96.62%

Edelweiss Tokio Life Insurance 95.24%

Exide Life Insurance 96.81%

Future Generali India Life Insurance 93.11%

HDFC Standard Life Insurance 97.80%

ICICI Prudential Life Insurance 97.88%

IDBI Federal Life Insurance 91.99%

IndiaFirst Life Insurance Company Ltd - India First 89.83%

Kotak Life Insurance 93.72%

Life Insurance Corporation of India 98.04%

Max Newyork Life Insurance 98.26%

PNB MetLife Insurance 91.12%
instasalaryoffi
Answered Sep 25, 2019

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