Well, Life is a precious thing it can not be evaluated in terms of money, well that being said it estimated by the term of your production, life expectancy,
and the valuation of your current income status.
Well, there are various companies that provide insurance policies, as a matter of fact, they all provide the same coverage, but yet they are different
from one another, so it is difficult to identify which company is suitable for you, that is why we have
identified the list of “Top 5 Best Life insurance Company in India”
1. Life Insurance Corporation:
2. HDFC Life Insurance:
| Customer service | 1800 266 9777 |
| CEO | Vibha Padalkar (12 Sep 2018–) |
| Headquarters | Mumbai |
| Founded |
2000
|
| Subsidiaries | Hdfc Standard Life Insurance Company Limited, Asset Management Arm, MORE |
| Parent organizations |
Housing Development Finance Corporation, Standard Life, Standard Life Aberdeen
|
| Claim Settlement Ratio | 99.04% |
3. Max Life Insurance:
| Customer service | 1860 120 5577 |
| CEO | Prashant Tripathy (1 Jan 2019–) |
| Founder | Analjit Singh |
| Founded | 2001 |
| Parent organization | Max Financial Services |
| Subsidiary | Max Life Insurance Company Limited, Asset Management Arm |
| Claim Settlement Ratio | 99.2% |
4. ICICI Prudential Life Insurance:
| Customer service | 1860 266 7766 |
| CEO | N. S. Kannan (19 Jun 2018–) |
| Headquarters | Mumbai |
| Founded | 2000 |
| Parent organization | ICICI Bank |
| Subsidiary | ICICI Prudential Pension Funds Management Company Limited |
| Claim Settlement Ratio | 98.58% |
5. Aditya Birla Sun Life Insurance:
It is one of the leading private sector life insurance companies in India. It started operations on January 17th, 2001. but it was incorporated on August 4th, 2000.
| Customer service | 1800 270 7000 |
| CEO | Kamlesh Rao |
| Founded | 2000 |
| Organization type | Subsidiary adityabirla.com |
| Parent organization | Aditya Birla Capital |
| Subsidiaries | Aditya Birla Money Insurance Advisory and Broking Services Ltd., Aditya Birla Sun Life Pension Management Limited |
| Claim Settlement Ratio | 97.15%. |
Summary:
In other words, given these points, are top 5 insurance company that is not only the pioneer of the market but have been the most
trusted insurance companies all over India.
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