Top 5 Best life insurance companies in India – Best Indian Insurance companies life cover 2018

Top 5 Best life insurance companies in india

List of Top 5 Best life insurance companies in India on the basis of trust and reputation.

Nowadays Life insurance company has been providing a vast advertisement promises. It has been initiating people by granting various sorts of supplements like  health, children, retirement, and other such plans. Life Insurance is classified into two components  temporary and permanent. Below lists various types of insurance agencies:

1. LIC India

LIC India

It is one of the largest insurance company and is a large investor and apart from this it is India’s largest insurance corporation. LIC is completely held by Government. It was emerged in 1956. It’s headquarters is in Mumbai.  It consists of 2048 branches and 101 divisional offices at different parts of India employing 1 million agents.

2. Bajaj allianz insurance co. ltd

Bajaj Allianz

It is one of the leading insurance company and is spread over 70 countries. It’s branches are around 1200 across country. It is linked  with traditional, child, pension policy. it’s head office is in Pune. The paid up capital is about Rs 110 crores.It has made a profit of Rs 180 crores and is a private insurer. With inclusion of tax it has increased it’s profit from Rs 121 crores.

3. ICICI Prudential Life Insurance

ICICI Prudential

It is a joint anticipation to ICICI bank , a financial service bank. It is one of the first private sector insurance company began in 2000 series.  It  provides basic term plans like i-Protect online term plan, ICICI Pru Pure-Protect and ICICI Pru LifeGuard, and ULIP wealth plans like ICICI Pru LifeStage Wealth II, ICICI Pru LifeLink Wealth SP, ICICI Pru Pinnacle Super etc. It is further categorized to children’s plans, retirement plans, health plans.

4. SBI life insurance

SBI life insurance

SBI is a joint venture between SBI and BNP paribas widely growing since 2000. It owes Rs 2000 crores of authorized capital and paid up capital of Rs 1000 crores. The latest products of SBI life insurance are SBI smart performer and Unit plus super. Besides these it provides products like protection products, pension products, term insurance.

5. Reliance life insurance

Reliance life insurance

It is one of the leading financial company ranked among top 3 financial sector banks. The equity share capital is about 26%. It is one of the largest revenue insurer  having revenue of rs 12,199 crore. It has ranked over 500 firms in 2011. The insurance company consists of 4 different category plan—Young & Single, Just Married, Proud Parents and Pre-retirement.

51 thoughts on “Top 5 Best life insurance companies in India – Best Indian Insurance companies life cover 2018

  1. Raj
    November 15, 2017 at 10:40 pm

    Very nice and profitable information.

  2. swapan Kumar patar
    September 18, 2017 at 6:49 pm

    HDFClife is best in India.

  3. Anonymous
    June 24, 2017 at 1:26 pm

    Reliance life is best company

  4. Srp
    June 26, 2016 at 9:43 am

    Which is best for term insurance

  5. syed asif
    February 5, 2015 at 7:45 pm


  6. Jessica Kappor
    May 6, 2014 at 11:04 am

    IFFCO Tokio general insurance company is also a good option.

  7. Santosh Khandge
    April 29, 2014 at 2:42 pm

    Bajaj Allianz the best insurance co. In India, highest claim paying ability, transparent service, to clients

  8. sunil kumar singh
    April 26, 2014 at 6:18 am

    I think relifare is the best health insurance company in india

  9. kaliash bihari
    April 10, 2014 at 7:02 am

    I say reliance life is the best company of India

  10. mukes
    February 25, 2014 at 1:48 pm

    Max life insurance best

  11. Nayan Bohidar
    February 15, 2014 at 6:43 am

    The best insurance company is not a worry. The focus should be on after sales services. And claim settlement. And with the intrduction of new rules by IRDA I think ING Vaysya is going to do very well in India. They are a very cost effective and low cost operated insurance company. With a very good track record internationally they are going to be a very strong player in India.

  12. sampath
    January 21, 2014 at 2:05 pm

    Iciciprudential is the best company

  13. Shivakumar A
    January 17, 2014 at 2:57 pm

    There are many Life insurance companies but LIC of India is number one in terms of claim settlements.

  14. ganesh
    January 14, 2014 at 12:29 pm

    Hi everyone,anybody on the look out for help buying new lic policy, change of address,find surrender value,taking loan on their policy.

  15. Anonymous
    January 6, 2014 at 5:10 pm

    Lic of India is the only govt owned company in India and it hold 86% market share in the industry

  16. Gautam Kr. Bera
    December 5, 2013 at 5:41 am

    SBI Life Insurance is from the most prestigious group State Bank of India Group. It is a best Insurance Company in Private Sector . You may confidently invest your hard money in this company.

  17. Anonymous
    December 2, 2013 at 8:25 am


  18. Anonymous
    November 24, 2013 at 3:50 pm

    which is the best insurance company for child in andhra pradesh

      November 27, 2013 at 1:36 pm


  19. vinodh
    October 29, 2013 at 12:01 pm

    y every one says lic is a good and best company,comparitively lic is going down for tha comparision of private sector.. if the agents and staffs are very good the insurance company also very good thank u..

  20. Anonymous
    October 20, 2013 at 7:32 am

    is it possible

  21. ravichand
    September 29, 2013 at 1:06 pm

    I am from hyderabad. I want to become life insurance agent. Can you suggest which company is providing good benefits to agent.

    1. Anonymous
      October 8, 2013 at 2:38 am


    2. Anonymous
      February 19, 2014 at 9:23 am

      Icici pru life insursnce company is best

  22. Libu Joseph
    September 4, 2013 at 3:03 pm

    LIC is definitely strong and good . Among the private players The few ethically operating companies are Met Life , Birla Sunlife and Tata AIG . Not denying the fact that there are unscrupulous agents and sales managers even in these . But over all they are better than the rest . The others are outright unethical and with the blessings from their top management . Anything is ok for business and the sales team is rewarded only for the business brought in . No matter how it is procured .

  23. jibanananda
    September 4, 2013 at 8:08 am

    before going to comment,we must know about that,the histry of a company tells us evrything about it,so insurance is insurance wheather private or government,

  24. Ashish
    August 18, 2013 at 10:58 am

    In private sector bajaj allianz is doing well………

  25. mensibhola
    August 10, 2013 at 5:02 pm

    Reliance life is a best insurance compny

  26. chandra parkash
    June 25, 2013 at 1:50 pm

    bajaj allianz life is the best insurance compni

  27. hk
    June 17, 2013 at 6:02 am

    what about PLI postal life insurence?

    1. Praful kumar
      July 19, 2013 at 5:51 am

      Comparatively good. postal insurance we can trust. because it is from giant Indian government sector. so

  28. Anonymous
    June 10, 2013 at 6:11 am


  29. B.N.Sathyanarayana
    May 13, 2013 at 2:40 pm

    I am 55. I want a term insurance for 6 years for a sum of 12.5 lakhs. I had undergone angioplasty during 2008. Am i ACCEPTED. At present my health condition is absolutely fine and I dont smoke. I need the policy urgently as My Employer requires me take a policy for the amount shown above if I have to borrow home loan from them. Can any body advice if any company is not fussy with my situation.



    1. Anonymous
      May 29, 2013 at 3:06 am

      We can easily trust LIC and SBI

      1. K RAM MANOHAR
        October 18, 2013 at 5:46 am

        LIC AND SBI are Govt owned companies. So people trust them and invest in such companies. But claim settlement process may be time consuming comparative to other private sector insurance companies like ING VYSYA, ICICI etc.

      July 18, 2013 at 8:48 pm


      1. manish
        December 24, 2013 at 8:43 am

        about term plan

    3. Mithi
      August 9, 2013 at 11:14 am

      It is very tought to get insurance cover..May be you will get it but the premium will be heavy.

    4. ganesh
      January 14, 2014 at 12:32 pm

      have you got the insurance

  30. Prabhu RR
    April 30, 2013 at 7:30 am

    we cant tell these are the best insurance companies in india. but your list is almost correct. thanks for the great info

    1. Anonymous
      June 30, 2013 at 5:13 pm

      For me max life insurance company is one of the best in indian

      1. Anonymous
        December 9, 2013 at 6:03 pm


    2. rakesh
      May 7, 2014 at 10:27 am

      I like the ing life insurance company and best company in india

  31. Anonymous
    April 29, 2013 at 12:08 pm

    Best life insurance is LIC …

  32. Prabhu
    April 27, 2013 at 5:52 am

    lic and bajaj allianz are the top and best life insurance companies in india. Other companies i cant trust.

  33. term life
    April 15, 2013 at 11:08 pm

    Pay attention to my use of the discussion should because admit
    nearly infections and injuries. The unharmed concept seems something identical a good deal
    in the mineral vein go for for term life insurance insurance all from the
    public convenience of their domicile or federal agency without the
    heights-pressure sales monger of an insurance agent.
    Yet, although the term life insurance insurance is
    not able of offering a epilepsy, sopor apnea, HIV/AIDS, Hepatitis and renal system,
    liver harmonium along with the respiratory Scheme illness.

  34. C.gogoi
    March 1, 2013 at 9:16 am

    ******* life insurance is very damage company agent very ras**

  35. Lynn
    February 23, 2013 at 12:31 pm

    LIC is good in india

  36. Puneeth
    February 21, 2013 at 3:47 pm

    Yes…LIC is the best life insurance company in india ….

  37. Dillon
    February 21, 2013 at 3:47 pm

    Thanks for finally writing about Top 5 Best life insurance companies in india.. Loved it!

      October 18, 2013 at 5:48 am

      On what basis the ranking was done?????? Performance level or claim settlement???

Leave a Reply

Your email address will not be published.