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Life Insurance Companies in India 2022
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Financial Security, Child’s Future Planning, and Corpus Over Long Term are just a few perks offered by a life insurance plan. At its core, life insurance is that financial umbrella, which comes in handy for rainy days, linked to human life. For all possible contingencies like-death, disability or retirement, a life insurance plan will always be your best buddy.
And, when it comes to planning your life goals, it is imperative that you put these contingencies above all. Thus, buying a life insurance plan is indeed a smart move in the right direction. It serves as a firm foundation to secure your family’s tomorrow.
Under a life insurance plan, the family/nominee receives the sum assured(death benefit amount) from the insurance company after the unfortunate demise of the policyholder. This monetary sum helps the loved ones of the policyholder to maintain a steady lifestyle in the near future.
With a wide range of life insurance companies in India, buying the best life insurance plan can turn out to be a tedious task. Well, not anymore! We present to you a consolidated list of top life insurance companies so that you can make your pick easily.
List of Life Insurance Companies in India
Company Name | Founding Year | Headquarter Location |
Max Life Insurance
| 2001 | New Delhi |
HDFC Life Insurance | 2000 | Mumbai |
Tata AIA Life Insurance
| 2000 | Mumbai |
Pramerica Life Insurance | 2008 | Gurugram |
Exide Life Insurance | 2001 | Bengaluru |
Reliance Life Insurance | 2001 | Mumbai |
Canara HSBC Life Insurance | 2008 | Gurugram |
Bajaj Allianz Life Insurance | 2001 | Pune |
Aegon Life Insurance | 2008 | Mumbai |
ICICI Prudential Life Insurance | 2000 | Mumbai |
Aditya Birla Sun Life Insurance | 2000 | Mumbai |
Aviva India Life Insurance | 2002 | Gurugram |
Bharti Axa Life Insurance | 2007 | Mumbai |
PNB MetLife Insurance | 2001 | Mumbai |
Dai-ichi Life Insurance | 1902 | Japan |
Life Insurance Corporation of India (LIC) | 1956 | Mumbai |
Indiafirst Life Insurance
| 2009 | Mumbai |
IDBI Federal Life Insurance | 2008 | Mumbai |
Kotak Life Insurance | 2001 | Mumbai |
Future Generali Life Insurance | 2000 | Mumbai |
SBI Life Insurance | 2001 | Mumbai |
Shriram Life Insurance | 2005 | Hyderabad |
Sahara India Life Insurance | 2004 | Lucknow |
Edelweiss Tokio Life Insurance | 2011 | Mumbai |