Top Life Insurance Companies in India 2014
Life Insurance is one of the basic necessity of life today. And investing in Life insurance must be a well calculated step. We bring you the list of top Insurance companies in India, where you can invest your money without any worries. They are the most trusted companies in the insurance sector.
List of top life insurance companies in India
Life Insurance Company is a state owned insurance company. It offers a variety of insurance plans like life insurance plans, pension plans, unit-linked plans, special plans and group schemes.
- SBI LIFE INSURANCE
SBI Life Insurance is a joint venture between State Bank of India and BNP paribas cardif with major shares under state bank of India. They also provide services like protection plans, savings plan, child plan, pension plan etc. It is among the most trusted insurance company.
- ICICI PRUDENTIAL LIFE
ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank and Prudential plc. It is one of the most trusted company in the insurance sector. Apart from life insurance plan, it also provide services like term plans, wealth plans, retirement plans, rural plans etc.
- RELIANCE LIFE
Reliance life Insurance Company is one of the top 5 private sector insurance company. The company is owned by Reliance Group. they offers services like saving and investment plans, wealth plans, retirement plans etc.
- BIRLA SUN LIFE INSURANCE
Birla Sun Life Insurance Company Limited is a joint venture between the Aditya Birla Group and Sun Life Financial Inc. They are one of the most popular Life Insurance company in India. They also provide services like protection plans, wealth with protection plans, retirement plans, life insurance plans, children’s future solutions etc.
- MAX LIFE INSURANCE
Max Life Insurance is one of the leading insurance company in India. It is a joint venture between Max India LTD and Mitsui Sumitomo Insurance company ltd. They offer many services such as child plan, retirement plans, growth plan, savings plan and so on.
- HDFC LIFE INSURANCE
HDFC Life is one of the most desired and popular Insurance company in India. It is a joint venture between HDFC Bank and Standard Life plc with majority of shares in the hands of HDFC Bank. Apart from life insurance, they also offer services like protection, pension, savings, investments, health, children’s and women’s plans etc.
- TATA AIA LIFE
Tata AIA life is a joint venture between Tata Sons and AIA group limited. They started their operations in India on 1st April 2001. It is one of the preferred life insurance company in India. They also have strong customer services.
- BAJAJ ALLIANZ
Bajaj Allianz Life Insurance Company Limited is a joint venture between Bajaj Finserv Limited and Allianz. Bajaj Allianz Life Insurance offers services like financial planning, life insurance etc.
- PNB METLIFE
PNB Metlife India Insurance Company Limited is a joint venture between Metlife International Holdings Inc and Punjab National Bank Limited with majority shares and few other investors. PNB Metlife is considered as one of the fastest growing Life Insurance Company in India. They have a wide variety of Insurance and retirement plans.