A total of Top 24 life insurance companies are currently active in India. Of these, the only public-sector insurance company is India's Life Insurance Company (LIC). All the others are private insurance companies. Many of these are joint ventures between banks of the public / private sector and national / international financial-insurance companies.
A full list of India's top and best life insurance companies listed with India's Insurance Regulatory and Development Authority (IRDAI). The list of best life insurance companies of India. A regulatory agency governing and supporting the insurance and reinsurance industries in India.
The amount of money paid to the policyholder by the company for the compensation offered for in the insurance policy is called the rate. The top life insurance companies in India payment from the policy may be as a lump sum or as an annuity payable in regular installments, either for a specified period or for the lifetime of the beneficiary. Here we have collect top life insurance companies names, best life insurance companies sectors - public / private, top life insurance headquarters, life insurance founded years top India in best life insurance companies - list 2020.

List of Best Life Insurance Companies in India

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Best India's Top Life Insurance Companies of List

No. Insurance Companies Sectors Headquarters Founded
1 Life Insurance Corporation of India Public Mumbai 1956
2 HDFC Standard Life Insurance Co. Ltd. Private Mumbai 2000
3 Max Life Insurance Co. Ltd. Private Delhi 2000
4 ICICI Prudential Life Insurance Co. Ltd. Private Mumbai 2000
5 Kotak Mahindra Life Insurance Co. Ltd. Private Mumbai 2001
6 Aditya Birla Sun Life Insurance Co. Ltd. Private Mumbai 2000
7 TATA AIA Life Insurance Co. Ltd. Private Mumbai 2001
8 SBI Life Insurance Co. Ltd. Private Mumbai 2001
9 Exide Life Insurance Co. Ltd. Private Bangalore 2001
10 Bajaj Allianz Life Insurance Co. Ltd. Private Pune 2001
11 PNB MetLife India Insurance Co. Ltd. Private Mumbai 2001
12 Reliance Nippon Life Insurance Company Private Mumbai 2001
13 Aviva Life Insurance Company India Ltd. Private Gurugram 2002
14 Sahara India Life Insurance Co. Ltd. Private Lucknow 2004
15 Shriram Life Insurance Co. Ltd. Private Hyderabad 2005
16 Bharti AXA Life Insurance Co. Ltd. Private Mumbai 2008
17 Future Generali India Life Insurance Co. Ltd. Private Mumbai 2007
18 IDBI Federal Life Insurance Co. Ltd. Private Mumbai 2008
19 Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. Private Gurugram 2008
20 Aegon Life Insurance Co. Ltd. Private Mumbai 2008
21 DHFL Pramerica Life Insurance Co. Ltd. Private Mumbai 2008
22 Star Union Dai-Ichi Life Insurance Co. Ltd. Private Mumbai 2008
23 India First Life Insurance Co. Ltd. Private Mumbai 2009
24 Edelweiss Tokio Life Insurance Co. Ltd. Private Mumbai 2011