Life insurance companies in India

Best Life Insurance Companies In India Registered By IRDA

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.

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

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

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

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

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

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

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

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

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

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

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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