The Top 10 Best Life Insurance Companies in India 2016
A life insurance policy is of core importance, particularly for the bread winner of the family, as it covers the risk f his life, and in case of his untimely death, provides financial support to the family. But it is essential to get a life insurance policy from a reputed and trustworthy insurance company to get full benefit of your investment.
The Top 10 Best Life Insurance Companies in India 2016
January 31, 2015 Finance
A life insurance policy is of core importance, particularly for the bread winner of the family, as it covers the risk f his life, and in case of his untimely death, provides financial support to the family. But it is essential to get a life insurance policy from a reputed and trustworthy insurance company to get full benefit of your investment.
Here is a list of top 10 life insurance companies in India in 2016:
10. ING VYSYA LIFE INSURANCE
ING Vysya Life Insurance Company is among the leaders in the insurance market in India in 2015. The company was established in 2001 and is based in Bangalore. It caters to a huge customer base of over a million people in the country.
9. RELIANCE LIFE INSURANCE (RLIC)
Another leading life insurance company in India is Reliance Life Insurance, which is a subsidiary of Reliance Capital Company. The company began its operations in 2001 and is based in Navi Mumbai and the Japanese company, Nippon took over 26% of its share in 2011. It has an employee base of 1000 people at present.
8. TATA AIA LIFE INSURANCE
Tata AIA Life is another renowned player in the insurance sector. Established in 2001, the company is a joint venture of Tata Group and American International Group (AIG). The company is based in Mumbai and has registered immense success in life insurance sector.
7. MAX LIFE INSURANCE
The next name among the top 10 life insurance companies in the country in 2015 is that of Max Life Insurance, a tie up between Max India Limited and Mitsui Sumitomo Insurance Company Limited, a leading global insurance company. The company was founded in 2000 and is head quartered in New Delhi.
6. SBI LIFE INSURANCE
State Bank of India is a leading name in the banking sector, and the life insurance company launched in 2001 by SBI in collaboration with BNP Paribas is equally trusted name in the insurance sector. The ratio of capital holdings between the two companies is 74% and 26% respectively.
This is dummy text. It is not meant to be read. Accordingly, it is difficult to figure out when to end it. But then, this is dummy text. It is not meant to be read. Period.
ConversionConversion EmoticonEmoticon