List Of Life Insurance Companies In India

The various life insurance companies operating in india are responsible for providing these plans and settling claims when they are raised.

List of life insurance companies in india. Life insurance corporation of india popularly known as lic is the largest life insurance company in india owned by the government of india. According to your needs you can select the life insurance policy. A life insurance company is an organisation which creates variegated life insurance policies for its customers. Aegon life insurance company.

List of top 10 life insurance companies in. Max life insurance is one of the renowned and leading life insurance companies in india. Birla sun life insurance company has also got many accolades for its regular contribution to the insurance sector. Among the life insurance companies life insurance corporation lic of india is the only public sector company.

The insurance company assures to pay the beneficiary money upon the insured person dies. Bajaj allianz life insurance company. 2017 2018 is 98 33. Life insurance companies in india claim settlement ratio.

Bharti axa life insurance company. It is a collaboration of max india ltd and mitsui sumitomo insurance co. This insurance policy also comes with the death benefit in case if an insurer gets dead the lump sum amount and other benefits will be given to the nominee. Kotak life insurance company.

In this article we are going to you the list of best life insurance companies in india which offer you better coverage at an affordable premium. According to ibef india brand equity foundation in fy19 the total premium from the new life insurance business in india increased up to rs. Aviva life insurance company. Lic is the oldest and most trusted brand amongst the best life insurance companies in india.

Lic one of the top 10 insurance companies in india came into existence in the year 1956. Life insurance is the contract between the insurer and insurance policyholder. Life insurance companies in india. Edelweiss tokio life insurance company.

Following is the list of top insurance companies in india 1. Life insurance can be classified into two types such as term insurance and permanent insurance. Aditya birla sun life insurance company. Established in 1956 this is a state owned enterprise which offers a huge and diverse variety of life insurance products such as endowment plans money back plans term assurance plans pension plans unit linked plans children plans group schemes special plans and many more.

Life insurance corporation of india. 2 15 trillion or us 30 7 billion showing a 10 73 per cent year on year growth. Canara hsbc obc life insurance company. Max life insurance co ltd.