Which Term insurance to choose between HDFC life and Max?


Staff member
Honestly both are decent, generally HDFC will have a little higher premium but also has more coverage in terms of add-ons, hospitals covered, etc.
I feel HDFC life is really good with the claims based on their claims ratio numbers from last 5 years. Don't buy Term policy till 75-80yrs buy only till the age, where your family is dependent on your income.
I have TATA AIA as it claims 4 hours settlement and free annual health checkup. HDFC is also good but comparatively its premium was high


KF Rookie
You should go with Max because it’s premium amount will be lesser when compared to HDFC. It’s claim settlement ratio also is one of the best in the industry.


KF Rookie
Honestly you can choose any health insurance whoever have rejection ratio less than 1%. Just go for this criteria and choose whichever is cheaper. Don't go brand wise because even if term insurance company will be closed in future , they're always backed by another term insurance companies as per IRDAI. So choose cheaper one in stead of choosing branded one.
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