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List Of life insurance Companies in INDIA

List Of life insurance Companies in INDIA – GK

Having a life insurance is the essential things in any ones life here we are not going to explain life cover insurance policy benefits and all. In India there are approximately 24 known life insurance companies.

Apart from all insurance companies only Life Insurance Corporation of India (LIC) is the public sector insurance company and of-course it is most popular and reliable insurance policy company. rest all life insurance companies are joint venture of public and private sectors, banks and some of the based on international insurance financial institutions or companies.

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List of Life Insurance Companies Claim Settlement Ratio
AEGON Life Insurance  95.30 %
Aviva Life Insurance  82.00 %
Bajaj Allianz Life Insurance  98.10 %
Bharti AXA Life Insurance  80.00 %
Birla Sun Life Insurance  88.45 %
Canara HSBC OBC Life Insurance  92.99 %
DHFL Pramerica Life Insurance  22.14 %
Edelweiss Tokio Life Insurance  85.10 %
Exide Life Insurance  83.16 %
Future Generali India Life Insurance  90.61 %
HDFC Standard Life Insurance  95.02 %
ICICI Prudential Life Insurance  96.20 %
IDBI Federal Life Insurance  84.79 %
IndiaFirst Life Insurance Company Ltd – India First  73.13 %
Kotak Life Insurance  90.69 %
Life Insurance Corporation of India  98.14 %
Max Newyork Life Insurance  96.23 %
PNB MetLife Insurance  92.90 %
Reliance Life Insurance  95.01 %
Sahara Life Insurance  90.19 %
SBI Life Insurance  95.70 %
Shriram Life Insurance  67.69 %
Star Union Dai-ichi Life Insurance  92.86 %
Tata AIA Life Insurance  89.68 %

Claim settlement ration is the most crucial elements while selecting not only life insurance but all and any insurance policy. we request you to do read policy documents if possible. higher claim settlement ratio indicates the insurance company actually paying the amount against raised or claim submitted by policy holders.