Saturday, 27 August 2016

List of Registered Life Insurance Companies in India

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We have seen a significant growth in the insurance market around the globe; and this sector has also progressed significantly in India. Rapidly growing insurance market in India is luring many private and public sector companies. Many renowned companies want to take advantage of this time; and that’s why, the list of insurance companies (public and private sector) by IRDA (Insurance Regulatory and Development Authority) is increasing day by day. In India, all insurance companies run under the guidelines and rules of IRDA (Insurance Regulatory and Development Authority). In terms to provide insurance related products in India, a company should have an approval from IRDA (Insurance Regulatory and Development Authority); therefore, it is mandatory for customers, to see whether his/her company has approval of IRDA or not? In this article, we are showing you list of life insurance companies; which are approved by Insurance Regulatory and Development Authority to provide life insurance services in India.

As like seeing, registration of an insurance company before buying an insurance policy; It is also very important to consider some crucial factors before buying an insurance policy. You may click on following links to read how to choose a best Life Insurance or Health Insurance policy? At current scenarios, an individual can find an insurance policy as per his/her needs because he/she can find number of insurance products in insurance marketplace (SeeTypes of Life InsuranceTypes of Health Insurance). Coming back to our today’s topic; here is the list of 24 life insurance companies in India;

List of Life Insurance Companies in India (List obtained from IRDA website on Jan-2016)

  1. Bajaj Allianz Life Insurance Company Limited
  2. Birla Sun Life Insurance Co. Ltd.
  3. HDFC Standard Life Insurance Co. Ltd.
  4. ICICI Prudential Life Insurance Co. Ltd.
  5. Exide Life Insurance Company Limited
  6. Life Insurance Corporation of India
  7. Max Life Insurance Co. Ltd.
  8. PNB Metlife India Insurance Co. Ltd.
  9. Kotak Mahindra Old Mutual Life Insurance Company Limited
  10. SBI Life Insurance Co. Ltd.
  11. Tata AIA Life Insurance Company Limited
  12. Reliance Life Insurance Company Limited
  13. AVIVA Life Insurance Company India Limited
  14. Sahara India Life Insurance Co. Ltd.
  15. Shariram Life Insurance Co. Ltd.
  16. Bharti AXA Life Insurance Company India Ltd.
  17. Future Generali India Life Insurance Company India Limited
  18. IDBI Federal Life Insurance Company Ltd.
  19. Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd.
  20. AEGON Life Insurance Company Limited
  21. DHFL Pramerica Life Insurance Co. Ltd.
  22. Star Union Dai-ichi Life Insurance Co. Ltd.
  23. Indiafirst Life Insurance Company Limited
  24. Edelweiss Tokio Life Insurance Co. Ltd.
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Disclaimer: The above list of life insurance companies is provided for indicative purpose only and we do not take any responsibility for the accuracy of given information. For accurate list of registered insurance companies, please visit official website of IRDA (Insurance Regulatory and Development Authority of India). 

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