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6th April 2016, 12:13 PM
Super Moderator
 
Join Date: May 2012
Re: Top 10 Term Insurance Companies in India

The lists of Top 10 Term Insurance Companies which are situated in India as you would like to invest in term plan are as follows:

Sl.No Company
1 LIC
2 ICICI Prudential Life
3 HDFC Standard Life
4 SBI Life
5 Max Life
6 Kotak Life
7 Bajaj Allianz
8 Reliance Life
9 Birla Sunlife
10 Aegon Religare

The selection of the term Insurance plan should be based on:
1. Good claim settlement ratio. (minimum 80%)
2. Reputable management.
3. Good financial background (solvency ratio) or trust factor ( minimum net worth of Rs.200 crore)
4. Policy features, add-on and riders.
5. Premium rates.
6. Customer service or satisfaction.
7. Average time to settle a claim


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