Top 5 Life Insurance Companies In India

Max life insurance company offers comprehensive life insurance solutions to meet the long term savings.

Top 5 life insurance companies in india. Reliance is bigger name in the industry and rather say a reliable name in the insurance industry. The top life insurance companies mentioned below are based on the claim settlement ratio of the respective companies. Max life insurance is a joint venture of max financial services ltd. 1 bajaj allianz 2 birla sun life 3 hdfc life 4 icici prudential 5 lic 6 max life 7 pnb metlife 8 kotak life 9 sbi life 10 tata aia 11 reliance life 12 aviva life.

Please do not consider it as top 10 or top 20 life insurance companies in india. Best life insurance companies in india 2020 life insurance corporation of india lic when it comes to life insurance in india lic is the most trusted name. Take a look to the list of top 10 life insurance companies in india. The company was established in 2001 and is based in bangalore.

Lic is the oldest and most trusted brand amongst the best life insurance companies in india. Hdfc life is one of india s leading life insurance companies offering a range of individual and group insurance solutions that meet various life stage needs of customers the products include protection pension savings investments health etc. And mitsui sumitomo insurance co. In year 2011 nippon life insurance japan acquired 26 share in this company.

The life insurance corporation is quite famous among the citizens of the country. Top 10 life insurance companies in 2020. It is one of the fastest growing insurance companies in india and max life s asset under management has now touched the mark of inr 50 000 crores. Not only can you get a very good life insurance policy coverage from lic but you can also get a whole lot of other benefits when you associate yourself with this insurer.

It caters to a huge customer base of over a million people in the country. 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. Details company is group company of reliance among of top insurance company in india. Lic is the biggest life insurance firm in india with an estimated asset value of.

Topping the list of best 10 life insurance companies in india is the life insurance corporation of india. During the year 2017 18 the total individual death claims or claim settlement ratio of icici prudential life insurance company was 97 88. Top 10 insurance companies in india insurance sector. The lic has its headquarters in mumbai and is a state owned insurance class.

Ing vysya life insurance company is among the leaders in the insurance market in india in 2015.