Top 10 Insurance Companies in India

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Top Insurance Companies in India
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• Life Insurance is a contract where the insurers
  have to pay a designated beneficiary amount of
  money in the event of a death of the insured
  person. The other insurance plans promise
  pension/return on retirement. Below is the list
  of 10 Best Insurance companies in India

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• Life Insurance Corporation tops the chart.
• Corporate Office- Mumbai
• Established in the Year- 1956
• Website URL- www.licindia.in
• LIC Life Insurance - It has been there for ages
  and was said to dominate the Indian Insurance
  Market. However, slowly people have started
  looking at other options.

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• 2. SBI Life Insurance
• Corporate Office- Mumbai
• Established in the Year- 2001
• Website URL- www.sbilife.co.in
• It is a joint venture between BNP Paribas and the
  State Bank of India. It has a good hold in the
  Indian market as far as Finance and banking
  sector come into the picture. It is also the most
  renowned Insurance company after LIC.

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• Birla Sun Life Insurance
• Corporate Office- Kerala
• Established in the Year- 2000
• Website URL- www.birlasunlife.com
• It is both a financial and an insurance company
  and is a joint venture between Aditya Birla and
  Sun Life Insurance. The company has seen
  exceptional growth recently and earned a
  reputation for itself.

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• 4. Reliance Life Insurance
• Corporate Office- Mumbai
• Established in the Year- 2000
• Website URL- www.reliancelife.com
• It is a group company of Reliance and is among
  the top insurance companies in India today. In
  the Year 2011, Reliance sold 26 of its share to
  Nippon Life Insurance, Japan. It is one of the
  bigger and reliable names in the Industry.

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• 5. ICICI Prudential Life Insurance
• Corporate Office- United Kingdom
• Established in the Year- 2000
• Website URL- www.iciciprulife.com
• A joint venture between ICICI and Prudential Plc,
  United Kingdom. It offers a range of insurance
  products catering to the Indian customers and
  their needs. Products include wealth, health,
  life insurance, medical insurance and retirement
  solutions.

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• 6. Tata AIG Life Insurance
• Corporate Office- Mumbai
• Established in the Year- 2001
• Website URL- www.tataaiginsurance.in
• Tata AIG is a joint venture between Tata and AIG.
  It is flagship company of TATA. It started
  Insurance business in the year 2001. The company
  also launched many insurance products such as the
  motor, health, and accidental insurance.

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• 7. ING Vysya Life Insurance
• Corporate Office- Banglore(Karnataka)
• Established in the Year- 2001
• Website URL- www.inglife.co.in
• ING Vysya as a life Insurance company offers
  insurance and retiral plans. It has been in
  operations in more than 200 cities in India and
  has a huge customer base of over 10 lakh
  customers.

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• 8. Bajaj Allianz Life Insurance
• Corporate Office- Pune
• Established in the Year- 2001
• Website URL- www.bajajallianz.com
• A joint venture between Bajaj and Allianz. It is
  a private insurance company and offers many
  insurance plans and policies, including ULIP,
  term insurance, and pension plans.

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• 9. Max Life Insurance
• Corporate Office- New Delhi
• Established in the Year- 2000
• Website URL- www.maxlifeinsurance.com
• This is another private company offering
  insurance plans to customers. It is a joint
  venture between Max India Ltd and Mitsui Sumitomo
  Insurance Co. Ltd. While Max India is a leading
  Indian multi-business. It was founded by Analjit
  Singh the company offers group insurance and
  individual insurance.

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• 10. HDFC Standard Life Insurance
• Corporate Office- Mumbai
• Established in the Year- 2000
• Website URL- www.hdfclife.com
• HDFC Life Insurance is a group company of Housing
  development finance corporation and Standard Life
  Insurance. Founded by Hasmukh Bhai Parekh in the
  year 2000, HDFC Standard Life Insurance has about
  500 branches in India. It offers pension,
  savings, health with children and women plans and
  much more.
• Apart from the above ten companies, this company
  needs a special mention. Oriental life Insurance
  company is a pioneer in India offering Life
  Insurance Coverage it was established in
  Calcutta in the year 1818 by Bipin Behari
  Dasgupta.

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