Royal Sundaram General Insurance

Key Features

Claim Settlement Ratio 81.5%

Claim Settlement Facility 100%

Network Hospitals 7000

Renewability 100%

COVID-19 Cover Yes

Incurred Claim Ratio 61%

Key Statistics & Achievements of Royal sundaram

  • 2000 employees all over India with 158 branches and products distributed through various channels such as agents, banks, insurance brokers etc.
  • 28 Million customers across India.
  • 7000+ network cashless hospitals all over India
  • 81.5% of all claims paid which is the claim settlement ratio of Royal Sundaram general insurance.
  • First private insurance company in India to tie up with banks (affinity partners) for selling retail products and also to offer co-branded credit cards.
  • The first insurance company to introduce cashless claim settlement facility for health claims
  • First insurance company to introduce innovative health insurance plans such as Hospital cash.
  • The first insurance company to introduce in-house Motor Assessors concept.