List of Life Insurance Companies in India

List of Life Insurance Companies in India
List of Life Insurance Companies in India
At present, there are a total of 24 life insurance companiesin India, Life Insurance Corporation of India (LIC) is the only public sector insurance company, among them all other private insurance companies, many of these public / private sector banks and national / international insurance - There are joint ventures between financial companies.
In India, private life insurance companies got access to life insurance in 2000. Most private players have contracted their life insurance with international insurance giants.

List of Life Insurance Companies in India 

AGON Life Insurance Company
AGON Life Insurance is a joint venture between the world's leading financial services organization and Bennett, Coleman & Company. The company is focused to provide a customer centric business with an outstanding and innovative working professionals. Started its operation in 2008, the company works with a lot of channel distribution strategy with a purpose in order to make people plan their lives better. The company has launched an array of products that focuses on providing the best suited plans to customers to meet their financial goals. The plans included by the company include plan duration, endowment plan, group plan, ULIP plan, pension plan, security plan, savings plan, child plan and ruler plan.

Aviva Life Insurance Company
Aviva Life Insurance is the largest and most popular insurance provider in the world. The company is a joint venture between Dabur Group and Aviva Group. Aviva Life Insurance provides services on a large scale basis with 121 network centers across the country. In other insurance companies in India, the company is first known for the unit link and the Unified With Profit plan in the market. Aviva Life Insurance Company offers many types of plans to customers. These plans meet all the needs and requirements of buyers at very affordable prices. Some of the most common plans given by the company are security plans, ruler plans, child plans, retirement plans, savings plans, health plans, tenure plans and group insurance plans.

Bajaj Allianz Life Insurance Company
Bajaj Allianz Life Insurance is a joint venture between European financial services company Allianz SE and Bajaj FinServ Ltd. The company has earned the name of life insurance brand at the top of India. In other life insurance companies in India, Bajaj Allianz Life Insurance Company meets its customers' needs by providing a huge range of products for ULIP and Child Plans from Group and Health Insurance. The company provides a huge range of custom products that meet every single demand of the customer and provide transparent advantages to them. Launched in 2001, this life insurance company offers one stop solution for customers and helps them achieve their financial goals.

Bharti AXA Life Insurance Company
Mainly based in Mumbai, Bharti AXA Life Insurance is a life and general insurance provider. The company is a joint venture between Bharti Enterprises and AXA Group. From a customer investment plan to a traditional plan or life insurance plan, you can choose from a wide range of policies offered by the company to the child's plan. The company is growing and it has a network of 123 offices across various cities of India. Customers have seen the maximum complaints resolved by the company in a year and have experienced claims settlement ratio of 80.00%. The policies offered by the company have a maximum of 65 years and the criteria for age for the plans begin from 18 to 65 years.

Birla Sun Life Insurance Company
With 2.5 million subscribers, Birla Sun Life Insurance is one of the leading insurance companies in India. Birla Sun Life Insurance came into existence with Joint Venture between Aditya Birla Group and Sun Life Financial Inc. The company is known as the leader of the Unit Linked Life Insurance Plan and has more than 600 branches in 500 cities across the country. Birla Sun Life Insurance is offered a full range of insurance services to provide customers with competitive advantage such as safety plans, child plans, health and retirement solutions, ULIP plans, customized group products and life-level products. With a claim settlement ratio of 88.45%, the company provides the best plans for the customers
Canara HSBC OBC Life Insurance Company
Started in 2008, Canara HSBC OBC Life Insurance is a joint venture between HSBC Insurance Holdings Limited, Canara Bank and Oriental Bank. The company acts as a pan India network with approximately 7,000 branches of three shareholder banks across the country. In addition, the company provides necessary training and training to bank employees in 28 centers in the country. With a large customer base, the company provides the most customized product to meet the buyers requirements. The maximum length of the policy offered by the company is 40 years and eligibility criteria is more than 18 years - maximum 70 years

DHFL Pramerica Life Insurance Company
DHFL Pramerica Life Insurance located in Gurgaon is considered as India's leading life insurance provider. The company works with 67 branches and 2000 employees spread all over the country. Although being a new company, the firm is making huge progress and is making a remarkable place in the market. The company offers several plans to customers within a maximum period of 30 years. From the year 2015-2016, the company has a claim settlement ratio of 84.00% and is at the top for resolving maximum complaints in a year. DHFL Pramerica Life Insurance has a large customer base and offers one stop solution for all insurance requirements.

Edelweiss Tokio Life Insurance Company
Edelweiss Tokio Life is a newly created private sector insurance provider in India in 2011. Edelweiss Group and Tokyo Marine Holding of India together have formed the Edelweiss Tokyo Life Insurance Company. The company offers many life insurance products to the customer with high returns and guaranteed interest payments. Some of the most common plans made by the company are: savings plans,
Endowment plans, Child plans, Security plans and Retirement plans. After this, the company provides additional coverage like Mortality Rider, Accidental Total and Permanent Disability Rider and Critical Insurance Re Rider in Accident to meet the needs of the customer.
Exide Life Insurance Company
In 2000, Exide Life Insurance Company started its operation in 2001. The company was first known as ING Vysya Life Insurance Company Limited and it owns 100% of Exide Industries Limited. Exide Life Insurance has a network of 200 offices across the country and supported by more than 35,000 consultants. The company is ranked as the Top 10 Trusted Life Insurance Brand in India. Compared to other insurance companies in India, the plan given by the company has been optimized to meet customer needs and is available at very affordable rates. From a customer-centric approach, plans are classified into security, savings, investments and retirement plans. All your insurance offers Exide Life Insurance, offers a stop solution for customers.

Future General India Life Insurance Company
Founded in the year 2007, Future General Life Insurance India is a joint venture between India General India Group, Future Group and Industrial Investment Trust Limited. The company has a network of 98 branches and has started sourcing 11 lakh policemen since its inception. The company provides a stop solution to all types of financial security to the customer and provides services through its products on different areas such as protecting products, policies and unit-linked policies. Policies are presented for a maximum period of up to 75 years and eligibility criteria ranges from a minimum of 18 to a maximum of 56 years. The company has the highest number of complaints and a claim ratio of 90.61% is available.

HDFC Standard Life Insurance Company
HDFC Standard Life Insurance Corporation is a joint venture between India Housing Development Financial Corporation Limited and Standard Life Plus. Founded in year 2000, HDFC Standard Life Insurance is one of the leading insurance companies in India. The company's portfolio currently has 27 retail and 8 group products. In order to meet the client's various needs, the company provides an array of pension plans, savings and health plans, conservation plans, child plans and women's plans and group insurance solutions. In India, more than 414 branches spread over 900 cities and towns, the claim settlement ratio of the company is 95.02%. HDFC Life Insurance Company offers plans in a very favorable way to meet customer needs.

ICICI Prudential Life Insurance Company
ICICI Prudential Life Insurance Corporation of India is an enterprise between India's leading private sector bank, ICICI Bank Limited and the largest international financial services group Prudential Plus Joint, which started its operations in December 2000 as the first private sector life insurance in India. did. For more than a decade, the company has maintained its largest position among private life insurance companies in the country. To meet customer's individual life-level requirements, ICICI Prudential Life Insurance provides a range of products that enable buyers to achieve long-term goals. ICICI Prudential Life offers insurance products like Term Plan, ULIP Plan, Pension Plan, Child Plan and Investment Plan.
IDBI Federal Life Insurance Company
Founded in 2008 IDBI Federal Life Insurance is a joint venture between IDBI Bank, Federal Bank and Ages A European Insurance Company. With a participating network of 2137 branches across the country, the company provides a wide range of corporate management as well as a wide range of capital management solutions, security and retirement. The bank also provides a simple technical solution for its customers. To qualify for IDBI Federal Life Insurance, the maximum age limit should be 55 years and the minimum age limit should be 18 years. The company has a record of maximum complaints in a short period of time and claims settlement ratio of 84.79% has been provided for one year.

Indiafirst life insurance company
Bank of Baroda and Andhra Bank; two Indian public sector banks are U.K. Based investment firm went to a joint venture with Legal and General and started the India First Life Insurance Company. The headquarter at Mumbai provides the company's investment fund, insurance plans and other policies. The company offers comprehensive plans to meet the needs of every person such as savings plans, security plans, pension plans, work plans and child plans. With network branches of 4,800 across the country, the company operates in more than 1,000 cities in India and provides claims settlement ration of 72.21% in one year. India First Life Insurance Company Limited not only fulfills all the needs of the customer but the plans given to the customer are also very economical.
Kotak Mahindra Life Insurance Company
Kotak Mahindra Life Insurance is headquartered in Mumbai between Kotak Mahindra Group and Old Mutual Fund. It is the fastest growing insurance company in India, which has four lakh trusted policyholders across the country, keeping company in high priority, term plans, ULIP plans, child plans, savings plans, investment plans, security plans and retirement plans. Provides a very economical range. The company has gained a great deal in the market to provide the highest returns to its customers through customized products and excellent service. Kotak Mahindra Life Insurance offers a plan with eligibility criteria like maximum period of 30 years and minimum 18 years to maximum 65 years.

Life Insurance Corporation (LIC) India Company
Indian Life Insurance Corporation is the oldest insurance sector in our country. Established in 1956, one of the largest insurance companies in India is a state-owned insurance group and an investment firm that offers many types of insurance products to its customers. Some general products offered by the company are Life Insurance Plans, Pension Plans, Child Insurance Plans, Unit Linked Plans, Special Plans and Group Plans. With a network of 2,048 branches, the company employed in various cities and cities across the country is a very large group of employees. Claim settlement ratio of 98.19% of LIC's maximum complaints.

Max Life Insurance Company
Max Financial Services Limited and Mitsui Sumitomo Insurance Company joined hands together and started Max Life Insurance as one of the leading insurance companies in India. With the multi-channel distribution partner and high-service agencies, the company provides the longest security, savings and retirement plans. With a strong customer-centric approach, the company provides a stop solution for all types of insurance and investment needs. Max Life Insurance has a strong track record of 15 years and offers great investment expertise. With complaints settlement ratio of 96.23%, the maximum complaints were resolved by the company in one year.

PNB MetLife Insurance Company
A PNB MetLife Insurance Company of Punjab National Bank is the fastest growing life insurance company in India. The company has more than 1800 corporate clients in India and it spread over 150 different places in the country. The company goes well for its safety and retirement products. Apart from this, there are various schemes like child plan, savings plan, ULIP plan, monthly income plan and money back plan which is given to the customer. In India PNB MetLife Insurance Company came into existence in 2008 and for the year 2013-2014 it was recognized as the best private sector insurance company. The eligibility criteria for the insurance products given by the company start at least 18 years and the maximum is 65 years.
Reliance Life Insurance Company
Reliance Life Insurance, one of India's largest life insurance companies, is part of Reliance Capital's Reliance Capital. With a network of 1,230 branches across the country, the company has more than 10 million policyholders. The company is currently the largest non-bank supported private life insurance company in India. Reliance Life Insurance has claimed settlement of approximately 95.01% and its name is recorded in a year's record of maximum complaints resolved during one year. The company primarily aims to make products with customers as well as corporate groups. The company offers the most comprehensive plans like retirement, children, conservation, investment and health plans. The maximum duration of the policy is 35 years and eligibility criteria start to minimum 18 years and maximum 55 years to avail the norms.
Sahara Life Insurance Company
Established in 2004, Sahara Life Insurance is India's first wholly-owned private life insurance company. With the presence of acceptable presence in most parts of the country, the company works in rulers, in almost all sections of middle-class and urban based society. With a customer-centric approach, Sahara Life Insurance provides a wide range of products like Money Back Plan, Unit Link Plan, Term Assurance Plan, Endowment Plan and Group Assurance Plan to meet each person's insurance needs. The claim settlement ratio of the company is 89.97% and it has resolved the maximum complaints in the year for the customer.
SBI Life Insurance Company
Presented in the year 2001, SBI Life Insurance Company is a joint venture between State Bank of India and BNP Paribas Cardiff. At present, the company's market share is 6.12%. This is the largest private sector insurance company. SBI Life Insurance Company offers a wide range of life insurance and pension products at a very economical rate. With claims settlement ratio of 95.70%, customers have confirmed the most complaints resolved by this company. One of the top insurance companies in India offers a variety of plans like savings plans, unit link plans, conservation plans, child plans and pension plans to meet the needs of a person.
Shriram Life Insurance Company
Shriram Life Insurance was established in 2005 by a joint venture between Shriram Group and Sanlam Group. The company has a network of 630 branches in India and caters to various needs of customers from different cities of the country. The company is proud of the efficient use of capital and low operating costs. The main features of the company is that it is centered on the ruler market and serves more economically weaker sections of society. The maximum length of the policy is up to 25 years with many plans taken by the company and eligibility criteria ranges from minimum 18 to the maximum of 65 years.
Star Union Dai-ichi Life Insurance Company
Dai-Ichi Life, Bank of India, Union Bank of India and Japan's largest life insurance company, entered the joint venture and Star Union Dai-Ichi Life Insurance Co. Ltd. launched As a leading insurance solution provider in the country, the company provides a wide range of insurance products for customers. Star Union Dai-ichi Life Insurance caters to a large number of customers across the country from many economic and social backgrounds. The company pledges its long-term commitment to its buyers and has relied on for years. As a customer centric company, it offers various products like leading insurance company India Savings Plan, Money Plan, Conservation Plan, Child Plan, Pension Plan, Credit Life Plan and Term Plan.
Tata AIA Life Insurance Company
Tata Sons and AIA Group have teamed together to create joint venture Tata AIA Life Insurance Company. The majority share in this venture is 75% with Tata Sons, the ICA Group has a 26% stake. The company works with a customer-focused approach and provides a wide range of insurance products for people, associations and corporate insurance buyers. Work started in 2001, the company offers various plans in many areas such as group plan, child plan, fund plan, conservation plan, savings plan and micro insurance plan. Of the many insurance companies in India, Tata AIA Life Insurance A remarkable situation has been created in the country's insurance sector.

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