Standing in this 21st century now a day’s people are much more aware regarding the importance of insurance so insurance has evolved as a process of safeguarding the interest of people from loss and uncertainty.
In India currently there are 24 working life Insurance Company. Life Insurance Corporation of India (LIC) is the only public sector insurance company. All others are private insurance companies. Many of these are joint ventures between public/private sector banks and national/international insurance-financial companies.
So let’s have a glance to some of the top insurance companies
Aviva Life Insurance Company
Aviva Life Insurance is the most popular insurance provider in the world. With 121 networked centres across the country Aviva Life Insurance serves a large number of customer base country wise. They provide there customers with some lucrative plans that fulfils all the needs and necessities of the buyers at a very economical price. Most common plan offered by the company are protection plan, ruler plan, child plan, retirement plan, saving plan, health plan, term plan and group insurance plan.
AEGON Life Insurance Company
AEGON Life Insurance is a joint venture between one of the world’s leading financial service organization and Bennett, Coleman & Company. Its inception is in year 2008 the company works with a multiple channel distribution strategy with an aim to help people to plan their life without hiccups. The company has launched an array of products that focuses on offering best suited plans to the customers to meet their financial goal. The plans offered by the company are Group plan, pension plan, and protection plan, saving plan, child plan and ruler plan.
Bajaj Allianz Life Insurance Company
This company has gained name as one of the top most life insurance brand in India. It is the venture between the European financial services company Allianz SE and Bajaj Finserv.Bajaj Allianz Life Insurance Company meet its customers need by providing them a huge range of products right from ULIP and Child Plan to Group and Health Insurance. It also provides a one stop solution to the customers and help them in achieving their financial goals.
Birla Sun Life Insurance Company
Birla Sun Life Insurance came in to existence with the joint venture between Aditya Birla Group and Sun Life Financial Inc. A complete range of insurance services is offered by Birla Sun Life Insurance like protection plan, child plan, health and retirement solution, ULIP plan, customized group product and life stage product to provide compete satisfaction to the customers.
Exide Life Insurance Company
Exide Life Insurance Company started its operation in 2001. It fulfils the requirements of the customer and is available at very affordable rates. It offers plans such as protection, saving, investment and retirement plan in short it is a one stop solution.