Type Of Insurance Policy

Will you please tell me about the different Type of Insurance Policies in India, as I want to know about this?

[Shaleen]

There are 2 major types of insurance - general insurance and life insurance.

However, some other types of insurance are available as well.

Insurance Policies - Categorization
• General Insurance
1. Personal Insurance
2. Rural Insurance
3. Industrial Insurance
4. Commercial Insurance

• Life Insurance
1. Whole Life Plan
2. Endowment
3. Money Back
4. Term plan
5. ULIP
•
• Others
1. Home insurance
2. Travel insurance

List of Insurance Companies in India
There are many insurance companies providing their services in India.
Some of the well known companies are as follows
Aviva Life Insurance Company India Limited
HDFC Standard Life Insurance Company Limited
Bajaj Allianz Life Insurance Company Limited
Max New York Life Insurance Company Limited
Bharti AXA Insurance
Tata AIG General Insurance Company Limited
ICICI Prudential Life Insurance Company
Reliance General Insurance Company Limited
MetLife India Insurance Company Private Limited
Birla Sun Life Insurance
Kotak Mahindra Insurance Limited
United India Insurance Company Limited
New India Assurance Company
Royal Sundaram Alliance Limited
Cholamandalam Insurance MS Limited
Max Bupa Health Insurance