There is one more such chain opened in Pune I guess by the name Zeno. They keep both generic as well branded. There is huge cost difference. For eg. Sompraz-L costs something around Rs.254 whereas the generic costed only Rs. 74 per strip with all the packaging and branding. It also has an MRP of...
Claim settlement ratio should be checked on IRDA website. All other site shows only the claim which were acknowledged. Actual settlement ratio is very different.
I would suggest LIC Tech Term Plan but the process is very long. People are waiting for more than 6 months to get policy. Also if you break into 50L policies the total will be over 50L and you might need to go through medical as you need to mention your existing policies.
I heard Bajaj is also a...
For private companies they show the returns at 8% but actual payout is around 3% only. If Max Life is giving a guaranteed written return of the said amount then it would be good but do read all the T&C. Normally the returns are Sum Assured plus bonus at approx 3%.