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The Global Insight

Which company is best for life insurance in India?

Author

Mia Phillips

Updated on February 15, 2026

Which are the top life insurance companies? Based on the Claim Settlement Ratio (CSR) for the financial year 2019-20, the top life insurance companies are Max Life Insurance, HDFC Life Insurance, Tata AIA Life Insurance, Pramerica Life Insurance and Exide Life Insurance.

How many life insurance companies are there in India?

24
The life insurance sector in India comprises of, 24 are life insurance companies, Among the life insurance companies, Life Insurance Corporation (LIC) of India is the only public sector company.

Which insurance policy is best in India?

Why Life Insurance?

Plan NameEntry Age
Pramerica Smart Wealth Life Insurance Plan8 years- 55 years
Reliance Nippon Life Online Income Protect Plan18 years- 55 years
Sahara Sanchit Jeevan Bima Plan18 years- 65 years
SBI Life eShield18 years- 65 years(Level Cover) 60 years(Increasing Level Cover)

Which insurance investment is best?

Best Investment Plans in India to Invest in 2021

Investment PlansPlan TypePolicy Term
Aviva iGrowthUnit-Linked life Insurance plan10, 15, or 20 years
Bajaj Future GainULIP10 – 25 years
Bharti AXA eFuture InvestULIP10 years
Bajaj Allianz Fortune GainULIP7 – 30 years

Which insurance company has the highest customer satisfaction in India?

Top General Insurance Companies with Best Claim Settlement Rate

  • Aditya Birla Insurance Brokers Ltd.
  • Bharti AXA General Insurance Co.
  • Bajaj Allianz General Insurance.
  • Care Health Insurance (Formerly Called as Religare Health Insurance Company Limited)
  • Cholamandalam MS General Insurance.