List of Top 10 Life Insurance Companies in

India
IN PLUS TEN-INDIA - ON 11:21 AM - 7 COMMENTS

List of Top 10 Life Insurance Companies in

India :
Hi Visitor!! Please find the List of Top 10 Life
Insurance Companies in India with some short
description to select the Insurance Plan from Top 10 best
Insurance Companies as stated below:

1.
Life
Insurance
Corporation of India (LIC): In my
article Top 10 Insurance Companies in
India the LIC of India is the 1st position. LIC of India is
the largest Insurance Company in India founded in 1956
and it is an Indian state-owned insurance group
Headquartered in Mumbai, India. LIC offers to its
customers such as insurance plans, pension plans, special
plans and group schemes. The company has approximately
1,20,000 agents & companys assets are estimated at
$250.50
billion. Website

address:www.licindia.in

2. SBI Life Insurance Company

Limited: SBI Life Insurance is the 2nd position in
the List of Top 10 Life Insurance Companies in
India. It is a joint venture life insurance company
between State Bank of India (SBI) & BNP Paribas
Assurance. SBI owns 74% & BNP Paribas Assurance owns
26% of the Capital. Founded in March2001 &
Headquarter in Mumbai, India. SBI Life Insurance offers
Life Insurance & Pension Plan. Employee strength with
over 7,500 on-roll employees & 96,000 agents are
available.
Website address: www.sbilife.co.in

3. Birla Sun Life Insurance Company

Limited (BSLI): BSLI is the next position of
my Top 10 Life Insurance Companies

List.

It is a joint venture between the Aditya Birla

Group & Sun Life Financial Inc. Established in 2000 and
has approx. 1,33,000 active employees. The company is
more than ten years old and present value is 21062
Crores.

Website
address: www.birlasunlife.com

4. Reliance Life Insurance Company

(RLIC): The 4th place for Reliance Life Insurance
(RLIC) in my list. It is a part of Reliance Group, Indias
largest private sector financial services company. Founded
in 2001 & Headquarter in Navi Mumbai, India. RLIC
offers Individual and Group Insurance Plans. Total Assets
approx. 15000 Crores with 1,24,000 active agents, 1230
branches & 7 Million Policy Holders.

Website address: www.reliancelife.com

5. ICICI Prudential Life Insurance: In

my List of Top 10 Life Insurance

Companies in India,

ICICI Prudential the 5th

position. It is a joint venture between ICICI Bank and
Prudential Plc, a leading international financial services
group headquartered in the United Kingdom. ICICI
Prudential established in the year of 2000. The company
has approx. 15000 employees and over 950 branches.
ICICI Prudential offers wide range of Insurance Products
including Health, Wealth, Life Insurance & Medical
Insurance etc.

Website address: www.iciciprulife.com

6. Tata AIG Life Insurance:List of Top

10 Life Insurance Companies in
India,Tata AIG is the 6th place of this list. It is a joint
venture between the Tata Group and American
International Group (AIG). The partnership ratio is Tata
Groups hold 74 % and AIG hold 26% . Founded in the year
of 2001and Headquarter in Mumbai, India. The company
has provided the employment to more than 2000 qualified
professionals across the country in more than 160
locations. Tata AIG offer Motor, Travel, Health &
Accidental
Insurance. Website

address: www.tataaiginsurance.in

7. ING Vysya Life Insurance:ING Vysys is

the 7th position of best Life Insurance
Company in India.Established in 2001 and
Headquarter in Bangalore, India. The company is a joint
venture between Exide Industries and ING Insurance
International B.V. ING Life Insurance India is present in
over 200 cities and serves over 1 million policy holders in
India with 7500 employees. ING vysya is an insurance
company offers insurance policies and retiral plans.

Website address: www.inglife.co.in

8. Bajaj Allianz Life Insurance: Bajaj

Allianz Life Insurance is the next position (8th) in the list
about Top 10 Life Insurance Companies

in India.

It is a joint venture between Bajaj Auto

Limited and Allianz. Founded in 2001 and Headquarter in
Pune, India. Bajaj Allianz offers a wide range of life
insurance plans i.e. Term Plans, ULIPs, Traditional Plans,
Life & Health Insurance Plans, Pension Plans & Women
Insurance Plans etc.

Website
address: www.bajajallianz.com

9. Max Life Insurance: Top 10 Life

Insurance Companies in India, Max Life
Insurance is the 9th place in this list. It is a Joint venture
between Max India Ltd. and Mitsui Sumitomo Insurance
Co. Ltd. Max India is a leading Indian multi business
corporation, while Mitsui Sumitomo Insurance is a
member of MS & AD Insurance Group. Founded in 2000
by Analjit Singh and Headquarters in New Delhi, India.
Max Life Insurance offers different type of Insurance
Policies i.e. Individual Insurance and Group Insurance.

Website
address: www.maxlifeinsurance.com

10. HDFC Standard Life Insurance: In

the List of Top 10 Life Insurance
Companies in India, HDFC Standard Life
Insurance is the 10th & the last position in the list. It is a
joint venture between Housing Development Finance
Corporation Ltd (HDFC) and Standard Life PLC. Founded
in 2000 by Hasmukhbhai Parekh and Headquarters in
Mumbai, India. HDFC Life has about 15500 and 500
branches in India. HDFC Life's offers Protection, Pension,
Savings, Investment, Health along with Children and
Women plans products.

Website

address: www.hdfclife.com

The above is the List of Top 10 Life

Insurance Companies in India.
In addition to the above, please note that
The Oriental Life Insurance Company, the
first company in India offering Life
Insurance coverage, was established in
Calcutta in 1818 by Bipin Behari Dasgupta
and others.
If the post is helpful so please comment me.
Any Suggestion, advice & comments from
my visitors are always welcome

Top Health insurance Companies in India

Health insurance is no longer a luxury for us, Indians, it has become a need.
Even with the increasing disposable incomes, we can no longer afford the
hospital expenses for ourselves and our loved ones due to the increasing
rate of medical inflation. So we can no longer depend on our savings or
generosity of our friends and families or even relax with our companys
health insurance, we need an independant health insurance cover for
ourselves and for our family.
But even with the need for health insurance realized, we find it confusing to
find the right health policy for ourselves with so many health insurance
companies in the market. We give you the Ten top health insurance
companies in India and their popular products.
This information is just to give you an introduction of the top health
insurance companies and name some of their products. To buy a health
insurance policy, read about the basics of health insurance like pre-existing
illnesses, waiting period, loading, exclusions, how to renew, whom to buy a
policy from and how to compare health insurance policies. Only after
understanding it, should you go ahead and buy it.

First let us look at some of the dedicated health insurance companies. The
order in which the top health insurance companies are listed is not an
indication of their relative strengths.

Star Health & Allied Insurance Company Limited

Star Health and Allied health Insurance Company Limited (Star Health) is a
joint venture between Oman health Insurance Company, ETA Ascon Group
and a number of insurance veterans in the country. It is also the first
dedicated health insurance company in India. Known for its innovation, Star
has some very unique products like Diabetes Safe which is for diabetic
patients and Star Netplus which is designed for HIV+ patients. Star Health
insurance has an in-house TPA which increases its efficiency in dealing with
cashless cases. They also have a unique feature where in customers calling a
toll free number can get free consultations with a general physician.
Popular Products: Star Family Health Optima, Senior Citizen Red Carpet

Max Bupa Health insurance

Max Bupa Health Insurance is a joint venture between Max India Limited and
Bupa Group, one of the international healthcare providers. Formed in 2010,
Max Bupa has brought changes in the health insurance market in India with
innovative and customer friendly products. They have a policy of not loading
the customer or handling out no claim bonuses and have a region wise
premium. They have no fixed enrollment age which means people of any age
group can buy their policies. These policies also have guaranteed renewal
which means you wont be denied renewal in your 70s and 80s when you
need it most. Their Heartbeat product covers maternity also, albeit after a
waiting period.
Popular products: Heart Beat Gold, Silver and Platinum

Apollo Munich

Apollo Munich Health Insurance Co. Ltd. is the new name for Apollo DKV
Insurance Co. Ltd. which is a partnership between The Apollo Hospitals
Group, and Germany based Munich Res newest business segment, Munich

Health. They also bring a change in terms of customer friendly features like
lifetime renewal and portability benefits for existing policies which means
you can buy Apollos policy and get the continuation benefits of your existing
policy. Apollo Munich also covers maternity after a waiting period.
Popular Products:
Premium

Easy

Health

Gold,

Standard,

Exclusive

and

Reliance Health insurance

Reliance health insurance is one of the private general insurance companies

in India. They also have a few good health insurance products, in their
Health wise policy range; critical illnesses are covered as a part of the
policy. There is also a choice of reducing waiting period for pre-existing
illnesses to 2 years from the industry standard of 4 years. It covers those
between the ages of 5-75.
Popular Policy: Health wise Family Floater

ICICI Lombard

ICICI Lombard GIC Ltd. is the largest private sector general insurance
company in India. It has some good health insurance plans - like Health
Advantage which covers not only hospitalization expenses but also
outpatient expenses like dental, upto a limit. Maternity cover is also available
under this product. The company has also added Health insurance Guide, an
interactive tool to help the customer select a plan to suit his requirements.
Popular Product: Health Advantage

Bajaj Allianz General Insurance

Bajaj Allianz General Insurance Company Limited is a joint venture between

Bajaj Finserv Limited and Allianz SE. Health insurance policies offered by
them include Health Guard (Mediclaim), Silver health (Senior Citizen) and
Star package (Family Floater), there are also other plans like Hospital Cash
which gives an amount on every day of hospitalization and Critical Illness
which gives a lump sum in the event that the insured contracts one of the

critical illnesses listed like cancer during the policy period. Bajaj was the first
company to come up with a captive TPA with ensuing efficiencies.
Popular Product: Health Guard

Now for Health Insurance from Public Sector General Insurance

Companies,

Oriental insurance

One of the four public sector units, Oriental insurance offers a number of
health insurance products including Individual mediclaim, Universal health
insurance scheme and family floaters to the customers. Optional benefits like
Personal Accident and Life Hardship Survival can be added with the basic
health cover to avail extra benefit. Their Happy Family floater is a popular
product because it doesnt require medical check-up till the age of 60 (it is
mandatory for everyone over the age of 45 to take a health check-up in
other policies).
Popular policy: Happy Family Floater

United India Insurance

Another of the public sector units,United India health Insurance Company

Limited also offers a wide range of health insurance products like Family
Medicare- Gold, Platinum, Senior Citizen, Top-up and Super Top-up. Top-up
and Super Top-up products are products which provide additional cover
amount if you find your basic cover insufficient.
Popular Policy: Family Medicare

New India Assurance

It is one of the first Indian owned companies when it was formed in 1919. It
offers different health insurance products like Mediclaim policy, senior citizen
policy
and
Universal health insurance policy. The unique feature of their Mediclaim
policy is the differential rating for major metros vis--vis other locations.

Popular Products: Mediclaim policy

National Insurance

Nationals Varishta Mediclaim is a popular product, it covers everyone from

the age from 680 with special features for senior citizens.
Popular product: Varishta Mediclaim
So these are some of the Top Health Insurance Companies in India.
Select the company which is right for you and your family and buy a health
insurance at the earliest!