Life Insurance is very important in the present scenario, and it is always good to protect yourself and your family. There are many life insurance companies in the country, and they offer various plans to their customers.
Here is a list of Top Ten Life Insurance Companies in India
10. Exide Life Insurance
It was founded in the year 2001, and today Exide life has expanded its business and is present across the country. They have around 200 offices in different cities and they are happily providing life insurance to people. They have various services to offer to its customers like Protection Plans, Retirement and Pension Plans, savings and investments plans. It is one of the best life insurance Company in the country.
9. Tata AIA Life Insurance
It was founded in the year 2001, and it is a collaboration of Tata sons and AIA group. They offer various services including Protection Solutions, Wealth Solutions, and Savings Solutions. It is in one of the best Insurance Company in the country, and they have many plans as well, like MahaRakhsha supreme, Money Maxima, Maha Life Magic and many more.
8. Birla Sun Life Insurance
This company was founded in the year 2000 and it is a product of the Aditya Birla Group and Sun Life Financial Inc. It is a joint venture between these two companies. They offer various insurance policies including Savings with Protection and health and Wellness, Protection offers and many more. They have various branches across the country and has around 550 branches with more than 500 offices.
7. ICICI Prudential Life Insurance
This Company was founded in the year 2000, and it is one of the top ten Insurance Companies in India. It is a joint venture between ICICI Bank and Prudential Life Insurance Company. They have various plans to offer to its customers like Term Plans, Wealth Plans, Retirement Plans and Group Plans.
6. Bajaj Allianz Life Insurance Company
It was incorporated in the year 2001, and it is one of the best Life Insurance Company in India. It is a Joint venture company between Bajaj Finserv Limited and Allianz SE. They offer various plans like Term Insurance, ULIP, Retirement Plan, Investment Plans, isecure, Save Assure, Invest assure and many more plans and products.
5. Kotak Life Insurance
This is a one of the best Life Insurance Company in India and the Kotak Mahindra Group owns it. They offer various plans for the people like saralsurakhsha, Platinum, Assured Savings Plans and Invest Maxima.
4. SBI Life Insurance Company
It is a joint venture between the Stata Bank Of India and BNP Paribas Cardif. It was founded in the year 2001. They have various plans for both the individual as well the group. They have plans like Smart Shield, SaralMahaAnand, GarmeenBima, and Smart Elite. It is one of the best insurance companies in India.
3. Reliance Life Insurance
Owned by the Reliance Group, this is the third best Life Insurance Company in the company in the Country. It has its main office in New Delhi and has various branches across the country. They offer plans like Retirement Plans, Protection Plans, Unit Linked Plans and many more plans.
2. Max Life Insurance
This is the Second best Life Insurance Company in the country. It was founded in the year 2000 and it is also one of the trusted companies in the country. They have various plans for its customers like online term plan, savings plan, protection plan and child plans. They have several branches across the country with more than 200 offices.
1. LIC Insurance Corporation of India
This is the best Insurance Company in the country. It was founded in the year 2956 and is also one of the oldest. It is the most trusted company and they have been giving services to its customers since ages. They have various plans like JeevanRakhsa, JeevanLakshya, BimaBachat, and many more plans for the people.