Top 10 Life Insurance Companies in India



Life Insurance Corporation (LIC) India Company

Life Insurance Corporation of India is that the oldest insurance sector of our country.  Established in 1956, one in every of the biggest insurer of India could be a state closely-held insurance cluster and investment trust that provides a variety of insurance product to its customers. a number of the common product that's offered by the corporate ar insurance plans, pension plans, kid insurance plans, unit joined plans, special plans and cluster theme. With a networkof a pair of,048branches the corporate incorporates a large range of workers operative in numerous cities and city everywhere the country. LIC incorporates a claim settlement magnitude relation of ninety eight.19% with most grievances settled over year.

Bajaj Allianz insurance Company

Bajaj Allianz insurance could be a venture between the ecu monetary services company Allianz SE and Bajaj Finserv restricted. the corporate has gained name jointly of the highest most insurance complete in India. Among the opposite insurance corporations in India Bajaj Allianz insurance Company meet its customers want by providing them an enormous vary of product right from ULIP and kid arrange to cluster and insurance.

Bharti AXA insurance Company

Headquartered in Mumbai Bharti AXA insurance could be a life and general insurance supplier company. the corporate could be a venture between Bharti Enterprises and AXA cluster. the shoppers will make a choice from the big selection of policies offered by the corporate starting from investment arranges to ancient arrange or insurance arrange to kid plan. the corporate is flourishing vastly and incorporates a network of 123 offices in numerous cities across India.

Birla Sun insurance Company

With a 2.5 million of client base the Birla Sun insurance is one in every of the leading insurer in India.  Birla Sun insurance came in to existence with the venture between Aditya Birla cluster and Sun Life monetary Iraqi National Congress. the corporate is understood as a pioneer of Unit joined insurance plans and has over 600 branches contact five hundred cities across the country. 

Canara HSBC OBC insurance Company

Launched on year 2008 Kanara HSBC OBC insurance could be a venture between HSBC Insurance Holding Ltd, Kanara Bank and Oriental Bank. the corporate works as a pan India network with around 7000 branches of the 3 stockholder banks across the country.

Kotak Mahindra insurance Company

Headquartered in Mumbai the J.V between Kotak Mahindra cluster and recent open-end investment company is Kotak Mahindra insurance. it's one in every of the quickest growing insurer in India that incorporates a four million sure customer nationwide. Keeping their customers in high priority the corporate provides a way reasonable vary of term arrange, ULIP plan, child plan, saving arrange, investment arrange, protection arrange and retirement program.

IndiaFirst insurance Company 

The two Indian public sector bank, Bank of Baroda and Andhra Bank went into a venture with U.K based mostly investment trust Legal and General and has launched India 1st insurance Company. Headquartered in Mumbai the corporate offers investment, insurance plans and different policies. the corporate offers a large vary of plans to cater the requirement of each individual like saving plans, protection arranges, pension plans, term plans and kid plans. With a network branches of four,800 across the country the corporate serves over a thousand cities in India and offers a claim settlement ration of seventy two.21% over a year. India 1st insurance Company Ltd not solely fulfills all the wants of the client in addition the plans offered to the client is additionally terribly economical.

ICICI prudent insurance Company

ICICI prudent insurance Corporation of India could be a venture between ICICI Bank Ltd.; one in every of the India’s leading personal sector bank and prudent Plus; one in every of the biggest international monetary service cluster. the corporate began its operation in Gregorian calendar month 2000 because the 1st personal sector insurance in India. For over a decade the corporate has maintained its prime most position amongst the personal life insurance underwriter in country.

HDFC customary insurance Company

HDFC customary insurance Corporation India could be a venture between development monetary Corporation Ltd. and customary Life and. supported in year 2000 HDFC customary insurance is one in every of the leading insurance company in India. the corporate has presently twenty seven retail and eight cluster product in portfolio. so as to satisfy the varied desires of the client the corporate provides associate array of individual and insurance solutions like retirement account, saving and health arrange, protection plan, kid arrange and girls arrange.

Future Generali India insurance Company

Established in year 2007, Future Generali insurance India could be a venture between Generali cluster, Future cluster and Industrial nondepository financial institution restricted. the corporate incorporates a network of ninety eight branches over India and since its origin it's sourced over eleven hundred thousand policies.

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