6 Best Life Insurance Companies in India

Life Insurance has become an important part of today’s family irrespective of their annual income. Whether it is about a lower, middle or upper class family, people have taken life insurance cover into serious consideration. Apart from private insurance companies, state owned and even government is encouraging to apply for a life insurance cover for maximum population of India. Even vehicles are not allowed to drive without motor insurance such as car insurance or bike insurance. Besides vehicles insurance, some insurance companies are also offering personal insurance cover such as personal accidental insurance cover and third party insurance cover. Here, we have enlisted some insurance companies which might best fit to your insurance needs.

  1. Life Insurance Corporation of India (LIC) – India’s biggest insurance company is providing its financial services to the people of India since 1956. The state owned insurance group provides life insurance cover under a variety of numerous schemes. Apart from life insurance, LIC also provides health insurance, mutual funds, housing schemes, pension funds etc. LIC is the most trusted and popular name in the insurance sector in India. Online life insurance facility is available with LIC. Life insurance quote is available on their website.
  2. ICICI Prudential Life Insurance – It is the first private company offering life insurance services in the country since 2000. Apart from personal insurance, its subsidiary ICICI Lombard Insurance is providing insurance services such as health insurance, travel insurance, motor insurance (car insurance, bike insurance), home insurance etc. Consumers can also buy life insurance policy online on their website. Life insurance quotes online can be learned from their website.
  3. SBI Life Insurance – Another trusted state owned insurance firm is SBI Life Insurance providing its insurance services since 2001. Apart from life insurance online, SBI also offer various loan schemes such as car loan, home loan, personal loan, education loan etc. Customers can buy insurance policy online at SBI.
  4. HDFC Standard Life Insurance – Another bank offering insurance services is HDFC headquartered at Mumbai. The company is offering life insurance policies since 2000.
  5. Bajaj Allianz Insurance Company – This is another major name in insurance field offering various insurance schemes such as health insurance, motor insurance (Car insurance, two wheeler insurance etc.) home insurance, travel insurance, life insurance. Consumers can buy insurance policies online and can also renew insurance policies online at their official website.
  6. Max Life Insurance – Company offers a number of insurance policies under many different plans including online term plan, child plan, retirement plan, savings plan, group plans etc. Their user friendly website makes it very simple for the visitors to buy insurance policy online such as car insurance online, car insurance online renewal, etc.

As a reference, you can now easily find the best life insurance policy that suites your need and balances your pocket as well.

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