If you are looking for a life insurance company according to your need then have a look here. In this article we have shown all life insurance companies which are registered by the IRDA.
There are lots of companies which provide the best plans for your needs and that’s why it could be difficult to choose the best one. However, it’s not a good idea to compare all companies one by one, because every company has their own benefits and advantages for their customers. We would like to give you the list and appropriate plan links to make it easy to find your needs easily.
Here are some companies for life insurance. You can click on the link to learn more about their plans and features.
1. HDFC life (Claim Ratio 99.04%)
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.
- Term Insurance Plans
- Savings Plans
- Health Insurance Plans
- Retirement and Pension Plans
- Child Insurance Plans
- Women Insurance Plans
2. SBI Life Insurance (Claim Ratio 95.03%)
SBI Life Insurance (‘SBI Life’ / ‘The Company’), one of the most trusted life insurance companies in India, was incorporated in October 2000 and is registered with the Insurance Regulatory and Development Authority of India (IRDAI) in March 2001. Read more
- Plans for singles
- Plans for married without kids
- Plans for married with kids
- Plans for single parent with kids
- Plans for retired
- Individual life insurance protection plans
- Group insurance corporate plans
3. Aegon Life Insurance (Claim Ratio 98.01%)
Aegon Life, a leading digital life insurance company, was the first life insurance company to launch Online Term Insurance Plans in India. By focusing on innovative digital-first solutions, its vision is to enable customers to lead tension free lives and be the most recommended new age Life Insurance Company. Read more
- iTerm insurance plans
- iTerm plus insurance plans
- Saral Jeevan Bima
- Group term plus insurance plans
- Group credit shield insurance plans
- All protection plans
- Rural term insurance plans
- Group health plans
- Savings plans
- Jeevan riddhi insurance plans
- Regular money back insurance plans
- Retirement insurance plans
4. Aviva Life Insurance (Claim Ratio 96.06%)
We help our customers to protect what’s important to them and help them look to the future with confidence. We provide our customers with a wide range of insurance products to prepare for life’s challenges and opportunities today, tomorrow and for many years to come. Read more
- Online insurance plans
- Child insurance plans
- Term insurance plans
- Saving investment plans
- Retirement pension plans
- Group insurance plans
5. Bajaj Allianz Life Insurance (Claim Ratio 95.01%)
Bajaj Allianz Life is one of the leading private life insurance companies in India. The Company is a partnership between two powerful and successful entities in their own right – Bajaj Finserv Limited, one of India’s most diversified non-banking financial institution and Allianz SE, one of world’s leading asset manager and insurer. Read more
- Term insurance plans
- Unit Linked Insurance Plans
- Tax savings investment plans
- Health insurance plans
- Retirement plans
- Child insurance plans
- Group insurance plans
- Riders insurance plans
- Onsale plans
- Withdrawn plans
6. Bharti AXA Life Insurance (Claim Ratio 97.28%)
Bharti AXA Life Insurance was formed and commenced business operations during the second wave of growth in the private Insurance space in 2006. Read more
- Protection plans
- Term insurance
- Savings plans
- Investment plans
- Health plans
- Group plans
- Rider plans
- All online plans
7. Canara HSBC OBC Life Insurance (Claim Ratio 94.04%)
Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). Read more
- Term insurance plans
- Saving plans
- Tax saving plans
- ULIP
- Child insurance plans
- Retirement plans
- Health insurance plans
- Group insurance plans
8. ICICI Prudential Life Insurance (Claim Ratio 98.58%)
ICICI Prudential Life began its operations in the fiscal year 2001 and has consistently been amongst the top companies* in the Indian life insurance sector. Our Assets Under Management (AUM) at 31st December 2020 were `2,048.72 billion. Read more
- Term insurance
- Health insurance plans
- Unit linked insurance plans
- Savings plans
- Retirement pension plans
9. IDBI Federal Life Insurance (Claim Ratio 95.79%)
Our reason to exist, our purpose, is to provide means for people to live a life and lifestyle of their choice. We achieve that by helping people plan for the future with life insurance. Read more
10. Kotak Mahindra Life Insurance (Claim Ratio 97.40%)
Kotak Life Insurance is one of the fastest growing insurance companies in India, covering over 30 million lives nationwide (as on 30 th September 2020). Read more
- Protection plans
- Health plans
- Savings and investment plans
- Retirement plans
- Rider plans
- Group insurance plans
11. Life Insurance Corporation (Claim Ratio 97.79%)
Every day we wake up to the fact that more than 250 million lives are part of our family called LIC. Read more
- Insurance plans
- Special plans
- Pension plans
- Unit linked plans
- Micro insurance plans
- Withdrawn plans
- Health plans
- Group scheme
12. Max Life Insurance (Claim Ratio 99.2%)
Max Life envisions to be the most admired life insurance company in India by securing the financial future of our customers. Read more
13. Sahara Life Life Insurance (Claim Ratio 90.16%)
The Sahara Pariwar’s latest foray is in the field of Life Insurance. The Pariwar’s life insurance company – Sahara India Life Insurance Company Ltd.- has been granted licence by the insurance regulator – the IRDA on 6th February 2004. Read more
14. TATA AIA Life Insurance (Claim Ratio 99.07%)
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA) Read more
- Protection solution plans
- Wealth solution plans
- Savings plans
- Retirement solutions
- Riders plans
- Group insurance plans
- Individual life fund
- Group pension fund
- Datewise fund
These are the few best life insurance companies in India to choose. However, there are lots of companies who can give you better options but we are not able to get their information. We have given the redirected links of their plans so it would be easy for you to reach on the particular page quickly.
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