There is no need to tell how important life insurance has become in our life today. The line 'Zindagi Saath Bhi, Zindagi Baad Bhi' of Life Insurance Corporation of India Limited's advertisement really shows its importance.

Let's discuss the 10 best insurance companies of the country -




Well, nowadays there are many insurance companies about which people are also aware. But here we will tell you about the top 10 companies in India, which have made a lot of progress and progress in the field of insurance. These insurance companies are earning a good name not only in India but also abroad outside India. 


Aditya birla sun life insurance


Birla Sun Life Insurance has always been a major contributor to the growth in India's life insurance sector and is currently ranked among the top 5 private life insurance companies in the country. We are also the first financial service provider to come up with Business Continuity Plans, Unit Linked Life Insurance Plans and Free Look facility in India.


HDFC Life Insurance


HDFC Life Click to Protect Plus is a pure term insurance plan that offers you a huge cover at a very small premium. Along with this, there are some additional features in this policy such as,


  • You can increase the cover amount for important life events such as marriage or the birth of a child.
  • Accidental Death Benefit Rider is available Death Benefit Rider is available.

Along with this, you can make payment in the form of lump sum class monthly claim settlement.


LIC Insurance 


LIC is the well-known and most trusted name in the life insurance sector. It was started in 1956 and since then till date it is giving its best services. About 1.12 lakh people are getting employment from here.


ICICI Prudential


This life insurance company is also one of the leading insurance companies in India. It is the first private company to enter the insurance sector. It has emerged with the amalgamation of ICICI and a UK company. Its headquarter is also in Yuki.


HDFC Standard Life Insurance


HDFC Standard is also the name of the major insurance companies. It was started in the year 2000. The headquarter of the company is in Mumbai.


Bajaj Allianz


Started in the year 2001, Bajaj Allianz is a well-known name in the insurance sector today. It is a joint venture between Bajaj Finserv and Allianz. The head office of the company is in Pune.


SBI Life Insurance


Due to its strong credit and other better schemes, State Bank is a big name in the banking sector of the country. The insurance scheme was launched by SBI in a joint venture with BNP Paribas.


Max Life Insurance


The next name is Max Life Insurance. It is a joint venture between Max India and Mitsui Company. The company was started in 2000. Its head office is in New Delhi.


Tata AIA Life Insurance


Tata AIA is also one of those who have made their presence felt in the insurance sector. It was started in 2001. It is a joint venture between Tata Group and American International Group.


Reliance Life Insurance


The name of Reliance Life Insurance is also one of the selected insurance companies. At present, about 1000 people are getting employment from here.


ing vaish


ING's banking services are now run through Kotak Mahindra. ING Vysya has also registered its stellar presence in the insurance sector.


Insurance Benefit offered 


The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan's coverage documents. In Medicaid or CHIP, covered benefits and excluded services are defined in state program rules.


What are the products offered by insurance companies?


Various insurance products offered by the insurer include motor insurance, mediclaim insurance, personal accident insurance, travel insurance, overseas mediclaim insurance, fire insurance, shopkeeper's policy, householder policy etc.


Insurance claim settlement ratio 


The claim settlement ratio shows the total death claim settled or paid by a life insurance company during a financial year. It is calculated by dividing the total claim settled by the total claim settled. For example, suppose a life insurance company has 1000 death claims, and out of them that company has settled 924 claims, then that company will have a claim settlement ratio of 92.4 per cent and a claim rejection rate of 7.6 per cent.


Types Of Insurance 


  • life insurance
  • auto mobile insurance
  • health insurance
  • travel insurance
  • home insurance

Insurance Financial protection 


Insurance is a means by which the risk of loss can be passed on to the other party (insurer or insurer) by paying some fee (called premium). The party whose risk is passed on to the insurer is called the 'insured'.


Insurance protection plans


A pure protection plan is called a term plan. In this case, the policy benefit is available on the death of the insured. In the second type of policy, the sum assured is paid even if the insured is alive. There are many variants in each category of insurance policy.


Insurance solution


Life insurance offers attractive tax benefits and helps you to build a huge amount of wealth. Almost all life insurance policies offer you the benefit of tax deduction on payment of premium under Section 80C of the Income Tax Act, 1961 and also offer tax-free sum assured under 10(10)D. 


Insurance good or bad ?


Whether you are in a job, doing your business or working with professional skills, you must take a life insurance cover of at least 10 times your annual income.


Why should you buy a life insurance policy?

A life insurance policy protects the family from financial risk in the event of a person's death. Suppose a person has bought a house by taking a home loan. Her children are studying in private school. The family is dependent on that person for all the household expenses.


If this person dies due to some disease or accident, then in case of his absence, his family does not come on the road, for this it is necessary to buy an insurance policy. In the event of his not taking insurance coverage, his dependent will get compensation from the insurance company, which can easily cut his further time.


Who needs life insurance?


One should take an insurance policy for the financial security of those in his/her family


Those who are financially dependent on it:


If the person has wife, children and his parents are old and they do not have any income of their own then one should definitely buy a life insurance policy.


The most common reason to buy a life insurance policy is to provide protection to the family against any unforeseen event. The amount received as compensation from the life insurance policy can be used to meet the expenses of the dependent member of the family for the next several years.


The debt or liability is:


If a person has bought a loan or mortgaged his property, then he should buy a life insurance policy. This will not only help his family to pay off that debt in the event of his absence, but will also become a regular source of income for the family.

Who should buy a life insurance policy?


If you are the only earning member of your family, the first thing you should do is get your life insured. Working Spouse - If you/your spouse is in job then both should buy life insurance policy. If you have children, you can buy a life insurance policy in their name.


Who should buy a life insurance policy?


If you are the only earning member of your family, the first thing you should do is get your life insured. Working Spouse - If you/your spouse is in job then both should buy life insurance policy. If you have children, you can buy a life insurance policy in their name.


Partners in a Partnership Firm:


If you have any person involved in partnership firm then both of you should buy life insurance policy. This type of policy will provide financial protection to your firm in case of any financial loss arising out of the death of your partner.


When should you get insurance?


Generally, you should buy a life insurance policy as soon as you start a job. Term plans are a great option to get maximum coverage at low premiums for taking life insurance coverage.


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