Best Life Insurance Policy In India
01 Life Insurance Corporation of India
Life Insurance Corporation of India (LIC) is the only public sector life insurance company in India. It was formed on 1st September 1956 with the merger of more than 200 insurance companies and provident societies. LIC has its headquarters in Mumbai. It is the largest life insurance company in India with over 2000 branches and over 14 lakh agents to solicit life insurance business in the country. It has a phenomenal presence in both urban and rural India.
04 Bajaj Allianz
Bajaj Allianz is the joint venture of Bajaj Finserv -India‘s financial service giant and Allianz SE- Germany‘s financial services provider. Registered in 2001, Bajaj Allianz Life Insurance Company has become one of the top most life insurance brands in India. Bajaj Allianz Life Insurance Company aims to ensure excellent insurance and investment solutions by offering customized products, supported by the best technology.
05 Birla Sunlife
Birla Sun Life Insurance Company Ltd. is a joint venture company between Aditya Birla Group and Sun Life Financial Inc. of Canada. Birla Sun Life offers a broad array of life insurance products to meet the actual needs and expectations of individuals and groups through a multi channel distribution network across the country. Birla Sun Life Insurance is distinguished as the first financial solutions company to introduce ‘Business Continuity Plan‘, the ‘Free Look Period‘ and ‘Unit Linked Life Insurance Plans‘ in the Indian insurance
06 SBI Life
SBI Life Insurance Company Limited is a joint venture between the State Bank of India and BNP Paribas Assurance. State Bank of India owns 74% and BNP Paribas Assurance holds the remaining 26% of the stake of the joint venture.
07 Max New York
Max New York Life is a joint venture company formed between New York Life, a Fortune 100 company and Max India Limited. Max New York Life started its commercial operations in the year 2001. It is the first life insurance company in India to be awarded the IS0 9001:2000 certifications.
08 HDFC Standard
HDFC Life Insurance Co. Ltd is a joint venture between the Indian housing finance institution, Housing Development Finance Corporation Limited or HDFC Ltd. and a Group company of Standard Life, UK. These two giants from India and UK joined hands together on 31st December 2007. HDFC Life Insurance is one of the top most life insurance companies in India; its venture is strong and has a good backing. HDFC Standard Life has about 568 branches and is present in over 700 cities and towns.
09 Tata AIG
Tata AIG Life Insurance Company Limited is a joint venture between Tata Group and the renowned American International Group, Inc. This insurance firm got its license to operate in India on February 12, 2001 and finally started operations on April 1, 2001.
10 ING Vysya
ING Life Insurance Company is the joint venture between ING Insurance International B.V. and Exide Industries. ING is based out of Bangalore and has recently completed 10 years of operation in India. This company marked the entrance of Exide Industries Limited, India‘s largest producer of automotive and industrial batteries, into the insurance arena. ING hold 26% equity in this venture with Exide owning 50% and miscellaneous shareholders having the remaining 24%.
Life Insurance Corporation of India (LIC) is the only public sector life insurance company in India. It was formed on 1st September 1956 with the merger of more than 200 insurance companies and provident societies. LIC has its headquarters in Mumbai. It is the largest life insurance company in India with over 2000 branches and over 14 lakh agents to solicit life insurance business in the country. It has a phenomenal presence in both urban and rural India.
02 ICICI Prudential Life Insurance Co. Ltd
ICICI Prudential is one of the leading life insurance companies in India. ICICI Prudential Life Insurance Company is a joint venture company formed between the ICICI Bank, one of India‘s largest and most successful private financial services company and Prudential Plc., a leading international financial services group headquartered in the United Kingdom.
03 Reliance Life Insurance Company Ltd.
Reliance Life Insurance Company Ltd. is a wholly owned Indian company and an associate of Reliance Capital Ltd., a part of Reliance - Anil Dhirubhai Ambani Group. This Group have its presence in Communications, Energy, Natural Resources, Media, Entertainment, Healthcare and Infrastructure segments in India.
04 Bajaj Allianz
Bajaj Allianz is the joint venture of Bajaj Finserv -India‘s financial service giant and Allianz SE- Germany‘s financial services provider. Registered in 2001, Bajaj Allianz Life Insurance Company has become one of the top most life insurance brands in India. Bajaj Allianz Life Insurance Company aims to ensure excellent insurance and investment solutions by offering customized products, supported by the best technology.
05 Birla Sunlife
Birla Sun Life Insurance Company Ltd. is a joint venture company between Aditya Birla Group and Sun Life Financial Inc. of Canada. Birla Sun Life offers a broad array of life insurance products to meet the actual needs and expectations of individuals and groups through a multi channel distribution network across the country. Birla Sun Life Insurance is distinguished as the first financial solutions company to introduce ‘Business Continuity Plan‘, the ‘Free Look Period‘ and ‘Unit Linked Life Insurance Plans‘ in the Indian insurance
06 SBI Life
SBI Life Insurance Company Limited is a joint venture between the State Bank of India and BNP Paribas Assurance. State Bank of India owns 74% and BNP Paribas Assurance holds the remaining 26% of the stake of the joint venture.
07 Max New York
Max New York Life is a joint venture company formed between New York Life, a Fortune 100 company and Max India Limited. Max New York Life started its commercial operations in the year 2001. It is the first life insurance company in India to be awarded the IS0 9001:2000 certifications.
08 HDFC Standard
HDFC Life Insurance Co. Ltd is a joint venture between the Indian housing finance institution, Housing Development Finance Corporation Limited or HDFC Ltd. and a Group company of Standard Life, UK. These two giants from India and UK joined hands together on 31st December 2007. HDFC Life Insurance is one of the top most life insurance companies in India; its venture is strong and has a good backing. HDFC Standard Life has about 568 branches and is present in over 700 cities and towns.
09 Tata AIG
Tata AIG Life Insurance Company Limited is a joint venture between Tata Group and the renowned American International Group, Inc. This insurance firm got its license to operate in India on February 12, 2001 and finally started operations on April 1, 2001.
10 ING Vysya
ING Life Insurance Company is the joint venture between ING Insurance International B.V. and Exide Industries. ING is based out of Bangalore and has recently completed 10 years of operation in India. This company marked the entrance of Exide Industries Limited, India‘s largest producer of automotive and industrial batteries, into the insurance arena. ING hold 26% equity in this venture with Exide owning 50% and miscellaneous shareholders having the remaining 24%.
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