Everyone wants to have their future assured because our life is itself an uncertain thing. Insurance is one of the very few products which give a sense of security and financial support. Selecting the right kind of policy i.e. suitable to our needs and financial goals keeping in view the existing financial conditions, is the most important thing.
We all want to associate with that insurance company which provides us the support at the needy times, and that which can be trusted upon. With increasing number of companies in the market and appealing adverts from each of these companies will make it difficult for us to choose one.
Here is the list of top 5 insurance companies in India, this list will help you to choose the best suitable plan offered by each of them:
1. Life Insurance Corporation of India
Being a government sector organization, LIC stands at position one in the list of top insurance companies in India. It is the largest of its kind and provides wide range of plans suitable for every one. It offers pension plans, group schemes, special plans, etc. Its assets are valued at 250.50 USD Billion.
Visit Official Site: LicIndia.in
2. SBI Life Insurance:
As State Bank of India is the largest bank in India, SBI Life Insurance stands at second position in the list of insurance companies. This company is a partnership between State Bank of India and BNP Paribas with ownership in the ratio of 76 : 24 percent. As this insurance is backed by state owned enterprise, it has earned trust from different sections of people.
Visit Official Site: SBI Life
3. Birla Sun Life Insurance Company:
It is a joint venture between Aditya Birla Group and Sun Life Financial Services Ltd. Extensive range of insurance plans and huge number of agents along with good quality services make this company in to the list of top insurance providers in India.
Visit Official Site: Birla Sun Life
4. Reliance Life Insurance Company:
It is the largest private sector insurance company in India and is offered by well known group of companies i.e. Reliance. It has got head quarters at Navi Mumbai and is very famous for both individual and group plans. It didn't took much time for this company to reach 7 million policy holders mark.
Visit Official Site: Reliance Life
5. ICICI Prudential Life Insurance:
This insurance company is a joint venture between ICICI and an international company, Prudential, UK. This provider offers plans like medical insurance, life insurance, wealth insurance, health insurance, etc.
Visit Official Site: ICICI Prudential Life
Apart from this top 5 list, there are many other reliable insurance providers like Tata AIG, Bajaj Allianz, ING Vysya, Max Life Insurance, HDFC Standard Life Insurance, etc.
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