11 months ago

Bandhan Life Insurance Reports 99.73% Claim Settlement Ratio

Bandhan Life Insurance Reports 99.73% Claim Settlement Ratio
Bandhan Life Reports 99.73% Claim Settlement Ratio, Setting Industry Benchmark for Reliability · livemint.com

Imagine you have insurance with Bandhan Life.

If something bad happens, like a family member passing away, they pay out almost all the money they promised.

This year, they paid 99.73% of the claims.

This means they are very reliable.

The company's boss, Satishwar B., says they want to help families when they need it most.

They also launched new types of insurance to help more people.

This is good because many people in India don't have insurance.

Bandhan Life aims to make it easier for them.

Key facts

Company
Bandhan Life Insurance
Claim Settlement Ratio
99.73% (FY2024-2025)
Previous Year Ratio
99.66%
MD & CEO
Satishwar B.
Location
Kolkata

Quotes

Satishwar B.

MD & CEO of Bandhan Life Insurance

“This achievement reflects our robust operational efficiency and, more importantly, our unwavering commitment to being there for families in their time of greatest need.”
livemint.com
“While a smooth buying experience and competitive premiums are important, we urge consumers to look deeper at an insurer's ability to honour claims quickly and fairly.”
livemint.com

Sources

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