10 Best Life Insurance Companies in India

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The list of top 10 life insurance companies is mentioned here in this article. Let us talk about top ten life insurance companies in India. We all are very familiar with the word insurance. So today we are going to discuss about Best life insurance companies in India. First of all a general question arises in our mind that what is insurance ? So insurance is a way of protection from financial loss. There are various insurance companies in our country India. The best ten of them are given below. These top insurance companies in India have been approved by (IRDAI) Insurance Regulatory and Development Authority of India. IRDAI is a statutory body which controls, regulates and promotes all life insurance companies of India.

We all want to save our future. We all want to secure our future. So insurance is best for securing our future. Insurance decreases financial loss of a person. Mostly people have already buy products of  insurance. Who has not buy yet they should buy insurance products and save their anf their family’s future.

Top 10 life insurance companies in India

These are ten best life insurance companies in India. So we are going to define these companies in a well manner. The ten best life  insurance companies are life insurance corporation, HDFC standard life insurance corporation, ICICI Prudential Life insurance company, SBI life insurance company, Max life insurance company, Bajaj allianz life insurance company, Birla Sun life insurance company, Reliance Nippon life insurance company, PNB metlife insurance company, Tata AIA life insurance company.  All these companies are defined below. There are products of every company. There are parent organization of these companies.

1. HDFC standard life insurance

HDFC Life is one of the best life insurance company of India. The headquarter of HDFC Life insurance company is in Mumbai, Maharashtra. HDFC Life insurance company offers individual and group insurance plans and policies. There are about 414 branches of HDFC Life insurance company in whole India. There are various products of HDFC Life insurance companies as women’s plan, Children’s plan, rural and urban’s plan, retirement plans, health plan and protection plans etc.. HDFC Life is one of the best and trusted life insurance company of India. There are two parent organizations of HDFC Life insurance company. Housing development finance corporation and standard life are the two parent organizations of HDFC Life insurance company. HDFC Life insurance company provides insurance for long term. HDFC Life insurance company is one of the best and trusted company of our country India.

2. Life insurance corporation

Life insurance corporation of India is an Indian life insurance company.  The Life insurance corporation company is owned by government of India. The founder of Life insurance corporation is founded by government of India. Life insurance corporation is one of the best life insurance company of India. There are many policies and plans released by life insurance corporation of India. Mostly people like to buy policies and plans of life insurance corporation of India company. There are various subsidiaries of Life Insurance corporation Limited. Some of them are LIC Housing finance, IDBI bank, LIC card services, LIC Nomura mutual fund. Life insurance corporation is present in many countries. There are various products of Life Insurance Corporation company limited. Life Insurance Corporation is one of the best and trusted life insurance company of India.

Read Also: Features of Life Insurance Policy

3. ICICI prudential life insurance

ICICI prudential life insurance company is also one of the best life insurance company of India.  The headquarter of ICICI prudential life insurance company is in Mumbai, Maharashtra. ICICI bank is the parent organization of ICICI prudential life insurance company of India. ICICI prudential life insurance company is promoted by its parent organization ICICI bank limited. Prudential corporation holdings limited also promotes ICICI prudential life insurance company limited. ICICI Prudential life insurance company limited also releases various policies and plans for insurance. ICICI prudential life insurance company is also one of the best and trusted life insurance company of India.

4. SBI life insurance

SBI life insurance company is also one of the best insurance company of India. The state bank of India promotes SBI life insurance company. SBI life insurance company is a joint venture life insurance company. The headquarter of SBI life insurance company is in Mumbai, Maharashtra. There are various products of SBI life insurance company as Life Insurance pensions. SBI life insurance company is also one of the best and trusted insurance company of India.

Read Also: Difference between whole life and term life insurance policy

5. Max life insurance

Max life insurance company limited is also one of the life insurance company of India. The headquarter of Max life insurance company is in New Delhi, India.  Max financial services is parent organization of max life insurance company limited.  Max life insurance company limited is subsidiary of the max financial services limited. It is the largest non -bank private sector life insurer in India. So max life insurance company is also one of the best and trusted life insurance company of India. 

6. Bajaj allianz life insurance

Bajaj allianz life insurance company is also one of the best life insurance company of India. The Bajaj allianz life insurance company is a joint venture company. This joint venture is between formerly part of bajaj auto limited and allianz SE. Bajaj finserv is formerly part of bajaj auto limited. Allianz SE is an European financial services company. Bajaj allianz life insurance company is a private sector company of India. Bajaj life allianz insurance company offers products for your future security plans and financial plans.  The head quarter of bajaj allianz life insurance company is in Pune, India. Bajaj allianz insurance company is one of the best and trusted life insurance company of India.

Read Also: Advantages of Life Insurance Policy

7. Birla sun life insurance

Birla sun life insurance company is also one among the Top 10 life insurance companies in India. The headquarter of birla sun life insurance company is in Mumbai, Maharashtra. Aditya Birla Capital is parent organization of the birla sun life insurance company. So birla sun life insurance company is a subsidiary of Aditya birla capital limited ( ABCL). Birla sun life insurance company is a private sector company. Birla sun life insurance company is one of the best private company. There are various policies and plans of birla sun life insurance company. 

8. Reliance nippon life insurance

The Reliance nippon life insurance is also one of the best life insurance company in India. Reliance nippon life insurance company is one of the trusted life insurance company of India. The headquarter of reliance nippon life insurance company is in Mumbai, Maharashtra. Reliance capital is the parent organization of reliance nippon life insurance company. There are mainly two subsidiaries of reliance nippon life insurance company. These are reliance life insurance company limited and asset management arm.

Read Also: Different Types of Life Insurance Policy

9. PNB metlife india insurance

PNB MetLife India insurance is also one of the best and trusted life insurance company in India. The PNB MetLife India insurance company is also a joint venture company in which Punjab national bank and MetLife are involved. MetLife is financially strong and Punjab national bank is reliable and credible. So the qualities of both the Punjab national bank and MetLife are involved in Punjab MetLife India insurance company. That’s why Punjab MetLife India insurance company is financially strong and it is reliable and credible. The headquarter of Punjab MetLife insurance company is in Mumbai, Maharashtra. PNB MetLife insurance company is publically listed in IRDAI. There are various products of PNB MetLife insurance company. Some of them are life insurance, retirement solutions and employee benefit program. There are various policies and plans released by PNB MetLife insurance company. PNB MetLife is one of the best and trusted insurance company.

Read Also: 10 Benefits of Life Insurance Policy

10. Tata AIA life insurance

TATA AIA Life insurance company is also one of the best insurance company in this list of top 10 life insurance companies in India. The headquarter of TATA AIA life insurance company is in Mumbai, Maharashtra. Tata Sons is parent organization of TATA AIA Life insurance company.  TATA AIA Life insurance company is a joint venture insurance company. There are two bodies are involved in the joint venture of TATA AIA Life insurance company. These two bodies are TATA Sons limited and TATA AIA Life. There is combination of pre-eminent brand strength  and leadership in TATA AIA Life insurance company. Tata AiA life insurance company is one of the best and trusted insurance company of India. So, these were top 10 life insurance companies in India. I hope you liked our article.

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