Life Insurance is a contract where insurers have to pay a designated beneficiary amount of money upon the death of the insured person

Top Life Insurance Company of India

1. Life Insurance Corporation of India (LIC): In Insurance Companies LIC is at the 1st position.

LIC of India is the largest Insurance Company in India founded in 1956 and it is an Indian state-owned insurance group Headquartered in Mumbai, India.

A. Endowment Plan:

i) Single Premium Endowment Plan
ii) New Endowment Plan
iii) New Jeevan Anand
iv) Jeevan Rakshak
v) Limited Premium Endowment Plan
vi) Jeevan Lakshya

2. SBI Life Insurance Company Limited: it is the 2nd position in the List of Top Life Insurance Companies in India.

It is a joint venture life insurance company between State Bank of India (SBI) & BNP Paribas Assurance

3. Birla Sun Life Insurance Company Limited (BSLI):

It is a joint venture between the Aditya Birla Group & Sun Life Financial Inc.

4. Reliance Life Insurance Company (RLIC): The 4th place for Reliance Life Insurance (RLIC) is a part of Reliance Group. RLIC offers Individual and Group Insurance Plans. T

5. ICICI Prudential Life Insurance:

ICICI Prudential the 5th position.

It is a joint venture between ICICI Bank and Prudential Plc,

6. Tata AIG Life Insurance: Tata AIG is the 6th place of this list. It is a joint venture between the Tata Group and American International Group (AIG).

7. ING Vysya Life Insurance:

ING Vysys is the 7th position of best Life Insurance Company in India. it was established in 2001 and Headquarter in Bangalore, India.

The company is a joint venture between Exide Industries and ING Insurance International B.V.

8. Bajaj Allianz Life Insurance: Bajaj Allianz Life Insurance is the next position (8th) in the list about Top 10 Life Insurance Companies in India.

It is a joint venture between Bajaj Auto Limited and Allianz.

9. Max Life Insurance:

Max Life Insurance is the 9th place in this list.

It is a Joint venture between Max India Ltd. and Mitsui Sumitomo Insurance Co. Ltd

10. HDFC Standard Life Insurance: HDFC Standard Life Insurance is the 10th.

It is a joint venture between Housing Development Finance Corporation Ltd (HDFC) and Standard Life PLC.