Acko Life Insurance – Affordable Plans, High Coverage & Benefits
Acko Life Insurance Company logo Acko Life Insurance Company ★ 5.0/5

Acko Life Insurance Company

Acko Insurance is a private sector general insurance company in India. Founded in November 2016, the company received ...Read More

99.38%
Claim settlement ratio
36.52 crores
Annual Premium
2.36x
Solvency ratio
🛡️ IRDAI Approved
5.0/5 · 52 reviews
99.38% claim settlement ratio
📊 2.36x solvency ratio

What you get with Acko Life Insurance Company

The headline features and policy mechanics, at a glance.

Annual Premium 36.52 crores

Affordable premium options starting from entry-level to comprehensive whole-life protection.

99.38% claim settlement ratio

Industry-leading approval rate on eligible life insurance claims in the most recent fiscal year.

2.36x solvency ratio

Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.

3+ optional riders

Extend a base policy with add-on covers — critical illness, accidental death, waiver of premium and more.

Why Choose PolicyX.com?

Don't just take our word for it — check out what our happy customers say about us!

All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.

Ravindra Singh

I highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.

Priti Varshney

I'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.

Nisha Mary

I bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.

Ajay Shah

PolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.

Vijay Rathod

I purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.

Uma Mahajan

Frequently asked questions

The 6 most-asked questions about Acko Life Insurance Company, answered.

Acko Life Insurance was started in 2023 after the company received approval from the Insurance Regulatory and Development Authority of India (IRDAI).
Yes, Acko Life Insurance is a registered insurer in India
Yes, you can buy Acko Life Insurance online.
The claim settlement ratio of Acko Life Insurance is 99.38%.
Yes, Acko Life Insurance offer riders or add-on benefits.
Yes, NRIs can buy Acko Life Insurance plans.

Customer satisfaction

Aggregate ratings from 52 verified PolicyX customers who bought a Acko Life Insurance Company plan.

5.0
out of 5
52 reviews
5 star
60%
4 star
25%
3 star
10%
2 star
4%
1 star
1%

Written and reviewed by

PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.

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