Pramerica Term vs Sud Life Term Insurance 2026 | PolicyX
COMPANY DETAILS ✎ Edit

Pramerica Term

✎ Edit

Sud Life

Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 2074.43 crores

Annual Premiums Collected (2024-25)

₹ 260.38 Cr
Payout Options

Payout Options

Lump sum, monthly, or a combination of both

Payout Options

Lump sum, monthly, or a combination of both
Claim ratio

Payout Options

99.18%%

Payout Options

98.84%%
Solvency Ratio

Solvency Ratio

2.33

Solvency Ratio

2.30
Pan India Presence

Pan India Presence

134

Pan India Presence

11k branches
Riders Available

Riders Available

Accelerated Benefit Rider, Waiver of Premium Rider, Children's Term Insurance Rider, Return of Premium Rider, Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider

Riders Available

Accidental Death and Total & Permanent Disability Benefit Rider
Inception year

Inception year

2008

Inception year

2007
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

0.039

Complaint ratio per ₹1 crore of premium collected

0.028
Average claim settlement time

Average claim settlement time

15 days

Average claim settlement time

15 Days
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Pramerica Term Insurance Plans Overview

Pramerica Term Insurance Plans Overview

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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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