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 NameFounding YearHeadquarter Location

Max Life Insurance


 

2001New Delhi
HDFC Life Insurance2000Mumbai


 

Tata AIA Life Insurance


 

2000Mumbai
Pramerica Life Insurance2008Gurugram
Exide Life Insurance2001Bengaluru
Reliance Life Insurance2001Mumbai
Canara HSBC Life Insurance2008Gurugram
Bajaj Allianz Life Insurance2001Pune
Aegon Life Insurance2008Mumbai
ICICI Prudential Life Insurance2000Mumbai
Aditya Birla Sun Life Insurance2000Mumbai
Aviva India Life Insurance2002Gurugram
Bharti Axa Life Insurance2007Mumbai
PNB MetLife Insurance2001Mumbai
Dai-ichi Life Insurance1902Japan
Life Insurance Corporation of India (LIC)1956Mumbai

Indiafirst Life Insurance


 

2009Mumbai
IDBI Federal Life Insurance2008Mumbai
Kotak Life Insurance2001Mumbai
Future Generali Life Insurance2000Mumbai
SBI Life Insurance2001Mumbai
Shriram Life Insurance2005Hyderabad
Sahara India Life Insurance2004Lucknow
Edelweiss Tokio Life Insurance2011Mumbai

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