best life insurance company list
|List of Life Insurance Companies||Claim Settlement Ratio|
|AEGON Life Insurance||97.11%|
|Aviva Life Insurance||90.60%|
|Bajaj Allianz Life Insurance||91.67%|
|Bharti AXA Life Insurance||92.37%|
|Birla Sun Life Insurance||94.69%|
|Canara HSBC OBC Life Insurance||94.95%|
|DHFL Pramerica Life Insurance||90.87%|
|Edelweiss Tokio Life Insurance||93.29%|
|Exide Life Insurance||96.40%|
|Future Generali India Life Insurance||89.53%|
|HDFC Standard Life Insurance||97.62%|
|ICICI Prudential Life Insurance||96.68%|
|IDBI Federal Life Insurance||90.33%|
|IndiaFirst Life Insurance Company Ltd – India First||82.65%|
|Kotak Life Insurance||91.24%|
|Life Insurance Corporation of India||98.31%|
|Max Newyork Life Insurance||97.81%|
|PNB MetLife Insurance||87.14%|
|Reliance Life Insurance||94.53%|
|Sahara Life Insurance||90.21%|
|SBI Life Insurance||96.69%|
|Shriram Life Insurance||63.53%|
|Star Union Dai-ichi Life Insurance||84.05%|
|Tata AIA Life Insurance||96.01%|
GOVERNMENT LIFE INSURANCE COMPANY
Life Insurance Corporation of India (LIC) is the only public sector insurance company.
PRIVATE LIFE INSURANCE COMPANY
There are currently, a total of 24 life insurance companies in India.Except one, All others are private insurance companies. Many of these are joint ventures between public/private sector banks and national/international insurance-financial companies.
Private life insurance companies in India got access to the life insurance sector in the year 2000. Most private players have tied up with international insurance giants for their life insurance foray.
AEGON Life Insurance Company
AEGON Life Insuranceis a joint endeavor between one of the world’s driving monetary administration association and Bennett, Coleman and Company. The organization is engaged to furnish a client driven business alongside a fantastic and inventive working experts. Begun its activity in year 2008 the organization works with a various channel conveyance system with an intend to assist individuals with planning their life in a greatly improved manner. The organization has propelled a variety of items that spotlights on offering most appropriate plans to the clients to meet their money related objective. The designs offered by the organization are term plan, blessing plan, Group plan, ULIP plan, benefits plan, security plan, sparing arrangement, youngster plan and ruler plan.
Aviva Life Insurance Company
Aviva Life Insurance is the biggest and the most well known protection supplier on the planet. The organization is a joint endeavor between the Dabur Group and Aviva Group. With 121 organized focus the nation over Aviva Life Insurance serves countless base nation savvy. Among the other insurance agencies in India the organization is known to initially present Unit Link and Unitized With-Profit Plan in the market. The Aviva Life Insurance Company offers a wide assortment of plans to the clients. These designs satisfies every one of the requirements and necessities of the purchasers at an exceptionally temperate cost. Probably the most widely recognized arrangement offered by the organization are security plan, ruler plan, tyke plan, retirement plan, sparing arrangement, wellbeing plan, term plan and gathering protection plan.
Bajaj Allianz Life Insurance Company
Bajaj Allianz Life Insurance is a joint endeavor between the European money related administrations organization Allianz SE and Bajaj Finserv Limited. The organization has picked up name as one of the best most disaster protection mark in India. Among the other extra security organizations in India Bajaj Allianz Life Insurance Company meet its clients require by giving them an enormous scope of items ideal from ULIP and Child Plan to Group and Health Insurance. The organization give a tremendous exhibit of redid items that cook the each and every interest of the client and give them a straightforward advantage. Propelled in year 2001 this extra security organization gives a one stop answer for the clients and help them in accomplishing their money related objectives.
Bharti AXA Life Insurance Company
Headquartered in Mumbai Bharti AXA Life Insurance is an actual existence and general protection supplier organization. The organization is a joint endeavor between Bharti Enterprises and AXA Group. The clients can look over the extensive variety of strategies offered by the organization running from venture wants to conventional arrangement or disaster protection plan to kid plan. The organization is thriving hugely and has a system of 123 workplaces in various urban areas crosswise over India. The clients has seen a greatest complaints settled by the organization in a year and had encountered a case settlement proportion of 80.00%. The arrangements offered by the organization has a greatest residency of 65 years and the age criteria for the plans begins from least 18 years to most extreme 65 years.
Birla Sun Life Insurance Company
With a 2.5 million of client base the Birla Sun Life Insurance is one of the main insurance agency in India. Birla Sun Life Insurance came in to presence with the joint endeavor between Aditya Birla Group and Sun Life Financial Inc. The organization is known as a pioneer of Unit Linked Life Insurance designs and has more than 600 branches spread more than 500 urban areas the nation over. A total scope of protection administrations is offered by Birla Sun Life Insurance like assurance plan, tyke plan, wellbeing and retirement arrangement, ULIP plan, altered gathering item and life organize item to give contend fulfillment to the clients. With a case settlement proportion of 88.45 % the organization offers the best gets ready for the clients.
Canara HSBC OBC Life Insurance Company
Propelled on year 2008 Canara HSBC OBC Life Insurance is a joint endeavor between HSBC Insurance Holding Ltd, Canara Bank and Oriental Bank. The organization fills in as a skillet India connect with around 7000 parts of the three investor banks the nation over. Also, the organization gives important preparing and training to the bank staff over the 28 focuses in nation. With a colossal client base the organization gives most altered items to address the issues of the purchasers. The arrangements offered by the organization has a greatest residency of 40 years and the qualification criteria ranges from least 18 years – most extreme 70 years.
DHFL Pramerica Life Insurance Company
Arranged in Gurgaon DHFL Pramerica Life Insurance is viewed as India’s head Life Insurance Providers. The organization presents with 67 branches and 2000 workers spread the nation over. In spite of the fact that notwithstanding of being another organization the firm is developing by piles and limits and had made a wonderful place in the market. The organization offers an assortment of plans to the clients inside a most extreme residency of 30 years. The organization has a case settlement proportion of 84.00 % from year 2015-2016 and is positioned for most extreme complaints settled throughout the year. DHFL Pramerica Life Insurance have an immense client base and give one stop answer for all protection needs.
Edelweiss Tokio Life Insurance Company
Edelweiss Tokio Life Isuranceestablished in 2011 is a recently framed private area protection supplier in India. Edelweiss Group of India and Tokyo Marine Holding of Japan consolidated hand and has framed Edelweiss Tokio Life Insurance Company. The organization offers a large group of disaster protection items to the client with significant yields and ensured intrigue installment. The absolute most regular designs offered by the organization are sparing plans, gift designs, youngster designs, insurance designs and retirement designs. Over this to satisfy the necessities of the client the organization likewise give add-on inclusions like unplanned demise advantage rider, incidental aggregate and perpetual incapacity rider and basic sickness rider.
Exide Life Insurance Company
Found in year 2000 the Exide Life Insurance Company began its task in 2001. The organization was once in the past known as ING Vysya Life Insurance Company Ltd. what’s more, is 100% possessed by Exide businesses Ltd. Exide Life Insurance has a system of 200 workplaces the nation over and is bolstered by more than 35,000 counsels. The organization is positioned as best 10 Trusted Life Insurance Brand in India. When contrasted with the other insurance agencies in India the arrangement offered by the organization is tweaked in an approach to satisfy the necessities of the client and is accessible at exceptionally moderate rates. With a client driven methodology the plans are ordered into assurance, sparing, venture and retirement plan. For all your protection needs the Exide Life Insurance offers a one stop answer for the clients.
Future Generali India Life Insurance Company
Built up in year 2007, Future Generali Life Insurance India is a joint endeavor between Generali Group, Future Group and Industrial Investment Trust Limited. The organization has a system of 98 branches over India and since its commencement it has sourced more than 11 Lakh arrangements. The organization offers one stop answer for a wide range of budgetary security to the client and serves their items on various territories like sparing insurance, approaches and Unit Linked Policies. The strategies are offered with a greatest residency up to 75 years and the qualification criteria ranges from minimum 18 years to most extreme 56 years. The organization has a record of greatest complaints settled and give a case proportion of 90.61%.
HDFC Standard Life Insurance Company
HDFC Standard Life Insurance Corporation India is a joint endeavor between Housing Development Financial Corporation Ltd. what’s more, Standard Life Plus. Established in year 2000 HDFC Standard Life protection is one of the main protection firm in India. The organization has presently 27 retail and 8 amass items in portfolio. With the end goal to meet the different needs of the client the organization gives a variety of individual and gathering protection arrangements like benefits plan, sparing and wellbeing plan, assurance plan, youngster plan and ladies plan. With more than 414 branches spread in 900 urban communities and towns in India the organization has a case settlement proportion of 95.02%. HDFC Life Insurance Company offers designs in a much modified manner to satisfy the prerequisites of the client.
ICICI Prudential Life Insurance Company
ICICI Prudential Life Insurance Corporation of India is a joint endeavor between ICICI Bank Ltd.; one of the India’s driving private part bank and Prudential Plus; one of the biggest universal budgetary administration gathering. The organization started its activity in December 2000 as the main private segment Life protection in India. For over 10 years the organization has kept up its best most position among the private life guarantor in nation. To satisfy the distinctive life organize necessities of the client, ICICI Prudential Life Insurance gives a variety of items that empowers the purchasers to accomplish the long haul objective. ICICI Prudential extra security offers items like term plan, ULIP plan, Pension Plan, Child Plan and Investment Plan.
IDBI Federal Life Insurance Company
Framed in 2008 IDBI Federal Life Insurance is a joint endeavor between IDBI Bank, Federal Bank and Ageas an European Insurance Company. With a banded together system of 2137 branches over the nation the organization offers an extensive variety of capital administration solution,protection and retirement to the corporate clients and in addition person. The bank additionally offers astute innovative answer for its clients. To be qualified for IDBI Federal Life Insurance one ought to have a base age breaking point of 18 years to most extreme age utmost of 55 years. The organization has a record of most extreme complaints over a brief timeframe and give a case settlement proportion of 84.79% for a year.