PerfectPickAI uses a transparent, data-driven scoring system to rank insurance policies. Our AI first understands your specific needs, then scores every policy on 14+ criteria and shows you only the top matches. Here is exactly how we evaluate each type of insurance.
We evaluate health plans on 14 criteria across 3 categories, following IRDAI best practices and industry standards.
We check how many years the insurer has been operating. ≥10 years = Good, ≥5 years = Decent, <5 years = Caution. A 3-year average is used to ensure consistency.
The percentage of claims the insurer actually pays. ≥90% = Good, 80-90% = Decent, <80% = Avoid. We use 3-year averages from IRDAI annual reports.
More hospitals = easier cashless treatment anywhere in India. >8,000 = Good, 5,000-8,000 = Decent, <5,000 = Avoid.
Measures how much of collected premiums the insurer pays as claims. 50-80% is ideal — it means the insurer is paying claims generously while staying financially healthy.
From IRDAI grievance data. Lower complaint ratios mean better customer service and fewer disputes. High complaint insurers are penalized.
A co-pay clause means you pay a portion of every bill out of pocket. Plans with no co-pay score highest — the insurer covers 100% of eligible expenses.
If you exceed the room rent cap, you pay extra on ALL related costs (surgeon fees, medicines). Plans with 'No limit' room rent are strongly preferred.
Some policies cap payouts for specific diseases (e.g., cataract ₹40K when actual cost is ₹1L). Plans without sub-limits give you full coverage for every condition.
Medical expenses don't stop at discharge — tests before and medicines after hospital stay should be covered. 60 days pre + 180 days post is the best coverage.
Pre-existing conditions like diabetes or BP aren't covered immediately. 1-year waiting = Best, 2-year = Good, 3-4 year = Long wait. Critical for anyone with existing conditions.
If a claim exhausts your family's sum insured, restoration refills it so other members stay protected. Essential for family floater plans.
Cover increases each claim-free year at no extra cost. Higher cumulative NCB (100-200%) is a major long-term advantage.
Yearly preventive checkups to detect issues early — adds ongoing value beyond just claim coverage.
Covers gloves, syringes, PPE, and similar items that hospitals charge separately. Can save ₹5,000-15,000 per hospitalization.
Covers treatment at home when hospitalization isn't possible or medically recommended. Increasingly important.
Covers recognized alternative treatments — Ayurveda, Yoga, Unani, Siddha, Homeopathy.
Term insurance is pure protection — the claim ratio is the single most important factor because your family depends on it when it matters most.
Most critical — ≥98% means nearly all claims are paid
Premium should fit your budget comfortably
Sum assured should be 10-15x annual income
Critical Illness, Accidental Death, Waiver of Premium
Faster settlement means less stress for your family
Cover till 80-85 protects through retirement
Plan should accept your current age
Section 80C deduction up to ₹1.5L
Vehicle insurance scoring prioritizes claim speed and garage network — when your vehicle is damaged, you need fast, hassle-free service.
Plan must match your vehicle — car vs two-wheeler
Premium within your budget
Higher ratio = more claims approved
Own damage + third party is better than TP only
More garages = easier repairs anywhere
≤7 day settlement is excellent
24x7 help for breakdowns and towing
20-50% discount for claim-free years
When you describe your needs, our AI (Claude Haiku) extracts key factors in under 2 seconds:
Result: Each policy gets a personalized match score out of 100+. We show you only the top 6 best matches with clear reasons why each scored well for YOUR specific situation.
We earn affiliate commissions when you purchase a policy through our links. However, commissions do NOT affect our rankings. Plans are scored purely on the criteria listed above.
Our data sources include IRDAI annual reports, insurer websites, policy documents, and public financial disclosures. We use 3-year averages where possible to ensure consistency.
We update regularly — policy data is refreshed to reflect the latest premiums, features, and claim ratios. If you find any inaccuracy, please let us know.