Best Life Insurance Company In India

I want to apply for Life Insurance so can you please tell me the Best Life Insurance Companies In India?

[Shaleen]

Life Insurance is a contract where insurers have to pay a designated beneficiary amount of money upon the death of the insured person.

The policy holder has to pay a premium regularly or as a lump-sum amount.

Best Life Insurance Companies In India

Life Insurance Corporation of India

Life Insurance Corporation (LIC) is the biggest life insurer in India and totally owned by the union government.
It has several subsidiaries including the following:

Life Insurance Corporation of India International
LIC Housing Finance
LIC Nepal
LICHFL Care Homes
LIC Lanka

Tata AIG General Insurance

Tata AIG General is regarded as one of the major names in the general insurance sector of India and has recently won the 5th position among the top companies to work for in the financial services and banking sectors.
Tata AIG also offers other benefits like:
Performance evaluation
Creating the proper balance between work and life
HR initiatives
Brand image
Efforts made by line managers to connect and engage with the employees on a consistent basis to make sure they are developing personally and professionally
Competent process for performance management
Employee development, inter-personal relationship building, team building, and skill enhancement programs on a regular basis

Bajaj Allianz General Insurance

Bajaj Allianz offers a wide range of general insurance products and services through a network that comprises 200 offices across India.
Following are some areas where it operates:

Auto
Health
Homeowners
Travel
Commercial

New India Assurance

New India Assurance is one of the leading names in the Indian insurance industry thanks to its pioneering efforts in several areas such as satellite insurance.

ICICI Prudential Life Insurance

ICIC Prudential Life Insurance has a big network comprising more than 1900 branches, which includes 1074 micro offices and more than 210,000 advisors.
It is one of the earliest life insurers to have received the AAA (Ind) National Financial Strength rating from Fitch.


IFFCO TOKIO General Insurance

IFFCO TOKIO has a good network comprising 110 offices across the country and 51 Strategic Business Units.

ICICI Lombard General Insurance

ICICI Lombard General Insurance operates in various domains such as general insurance, insurance claims management, reinsurance, and investment management and is also the biggest general insurer among the privately held companies of India.

Oriental Insurance

Oriental Insurance has received top honors from some of the leading credit rating agencies of India.

Birla Sun Life Insurance

It is presently rated as one of the top 5 private life insurers in the country.

HDFC Standard Life Insurance

HDFC Standard Life Insurance is one of the leading names among the private enterprises functioning in India.
It deals in both group and individual insurance products.