Top 10 Life Insurance Companies in India

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Best Life Insurance Companies in India

Today life is surrounded with vulnerabilities. You never know what will happen with you in the next second. In this crisis world, in order to live a life with a peace of mind you should invest in your assets rather than liabilities. One of the most important assets that helps you to live hassle-free is life insurance. A life insurance is a contract between an insurer and an life insurance company in which you need to give a premium every month and at the end of the maturity period you will get the sum assured. This insurance policy also comes with the death benefit, in case if an insurer gets dead the lump-sum amount and other benefits will be given to the nominee. In this article we are going to you the list of best life insurance companies in India which offer you better coverage at an affordable premium.

List of top 10 Life Insurance Companies in India

We hope now you understand the importance of life insurance. Now we are going to tell you the top 10 best life insurance companies in India where you can opt for the life insurance plans.

  1. Life Insurance Corporation of India

    Life insurance corporation of India is run by the government of India.  This insurance company comes with various life insurance plans to suit the needs and budget of the individuals. As it is backed by the government there will be no worry about losing money. You can invest in life insurance plans with a peace of mind and at the end of the maturity period you will get the sum assured that helps to live life effortlessly.

  2. HDFC Life Insurance

    HDFC standard is one of the trustworthy life insurance companies of India. It comes with a variety of life insurance plans to cater to the requirements of every age group. HDFC protection plan, women plans and children’s plans are specially designed for the person who is only bread earner of his family. If you opt for these plans as early as possible you will get a better return of the investment and support your family effortlessly.

  3. Max Life insurance

    Max Life Insurance company has gained huge acceptance in the market by offering a wide range of life insurance plans at affordable premiums. To cater the needs of the clients they can customize the plans that suits the financial needs of them.

  4. ICICI Prudential Life Insurance

    ICIC Prudential life insurance is one of the top 10 life insurance companies of 2020 that is popularly known for its life insurance plans. In order to cater the financial needs of the individuals it come with various life insurance plans such as term insurance, family life insurance, spouse life insurance and endowment plans.

  5. Future Generali Life Insurance Plan

    Future Generali Life Insurance Plan is a dominant player of the insurance sector. Its diverse range of life insurance plans are designed to meet with the financial requirements of the individuals. Not every investor is born with a silver spoon, so this company has designed affordable life insurance plans. You don’t need to pay high premiums to activate this policy, there are affordable life insurance plans which give you a better return of the investment at the end of the maturity period.

  6. AEGON Life Insurance

    AEGON life insurance company was inaugurated in  2008 with the one aim is to offer a diverse range of life insurance plans that perfectly matches with the requirements of the clients. The claim to settlement ratio of this company 98% and its special life insurance plans for spouse, children are remarkable. Saving money periodically for life insurance is the best thing you can do in your life to save yourself from financial crises. Its profitable and long-term insurance plans are remarkable.

  7. Bajaj Allianz

    Bajaj Allianz was founded in 2001, it is a joint venture of Bajaj and Allianz. This company has proved itself one of the best life insurance and general insurance companies in India by offering the profitable, scalable and long-term insurance plans that perfectly matches with the financial requirements of the clients.

  8. Bharti Axa

    It is one of the well-known top life insurance companies in India that was established in 2008. It has designed all types of life insurance plans while keeping the financial requirements of the individual in mind. It’s life insurance plans are great life saving products that help you in crises.

  9. Birla Sun Rise Insurance company

    Birla Sun rise insurance company standard is one of the dependable life coverage organizations of India. It accompanies an assortment of life coverage intends to oblige the prerequisites of each age gathering. It’s security plan, ladies plans and kids’ arrangements are uniquely intended for the individual who is just bread worker of his family. On the off chance that you select these plans as ahead of schedule as conceivable you will show signs of improvement return of the speculation and bolster your family easily.

  10. Reliance Nippon Life Insurance

    Reliance Nippon Life Insurance is one of the top life insurance companies in India. Insurance policies offered by Reliance Nippon are very effective and premiums are very affordable. The claim ratio of this Life Insurance Company as high as 95.17%. They have made attractive insurance plans which perfectly matches with the requirements of the clients. If you are looking to buy life insurance policy from one of the top life insurance companies in India 2020 you can choose this company.

  11. SBI Life Insurance

    SBI is the renowned Government backed insurance company that offers you a range of life insurance plans which give extensive coverage to your family. Though the claim to ratio of this company is lower than other insurance companies, but as it is backed by the Government your premiums always get protected.

  12. TATA AIA Life Insurance

    TATA AIA life insurance company offers you a guaranteed return of the investment at the end of the maturity period. In case, if a policy holder dies, then the sum assured will be given to the nominee along with death benefits. This company has designed variety of plans that offer you guaranteed monthly income return.

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