Star Union Dai-Ichi Life Insurance Company is a joint venture Union Bank of India, Bank of India and Dai-ichi Life which is the second largest leading insurance companies in Japan. This company offers a range of insurance products to fulfill the large number of customers across the country from economical and social background. It is considered to be India’s paramount insurance solution provider. The company has earned trust over the years as it promises long term commitment towards the customers. This leading life insurance company offers various types of insurance plans – wealth plan, saving plan, protection plan, pension plan, credit life plan, child plan and term plan. The company has won many awards and one award was for ‘Highest Claim Settlement’ at BFSI Awards, the year 2015, February. The claim settlement ratio of Star Union Dai-Ichi Life Insurance Company is around 80.73%.
Joint Venture
Star Union Dai-Ichi Life Insurance Company is a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life, a leading life insurance company from Japan.
Insurance Offerings
The company offers a range of life insurance products, including term insurance, endowment plans, money back plans, unit-linked insurance plans (ULIPs), and more. These policies provide financial protection and savings options to policyholders and their families.
Customer Service
Star Union Dai-Ichi Life Insurance Company has a dedicated customer service team to assist policyholders with their queries, policy-related information, and claim-related issues. They can be contacted through their customer care helpline.
Digital Services
The company provides digital services, allowing policyholders to access policy information, pay premiums, and track policy performance conveniently through their website or mobile app.
Wide Coverage
Star Union Dai-Ichi Life Insurance Company has a wide network of branches across India, providing insurance services to customers in various locations.
Partnership with Banks
As a joint venture with Bank of India and Union Bank of India, Star Union Dai-Ichi Life Insurance Company leverages the extensive branch network of these banks to reach a larger customer base and offer insurance products to their customers.
Financial Strength
The company has a strong financial position and is backed by the expertise and experience of its parent companies, Bank of India, Union Bank of India, and Dai-ichi Life.