Comprehensive Comparison of Life and General Insurance Companies in India
Comprehensive Comparison of Life and General Insurance Companies in India India's insurance market comprises 24 life insurance companies and 36 general insurance companies, each catering to various customer needs. Below, we provide an in-depth overview of these companies, their specializations, and the factors to consider when choosing an insurer. --- Life Insurance Companies in India Life insurance provides financial security to policyholders’ families in case of their untimely demise. It also serves as an investment tool in some cases. Here’s a detailed look at all 24 life insurance companies in India: 1. Life Insurance Corporation of India (LIC) India's only public-sector life insurer, LIC is renowned for its legacy and wide product range. 2. HDFC Life Insurance Company Limited Known for innovative products and digital capabilities. 3. SBI Life Insurance Company Limited A joint venture of SBI and BNP Paribas Cardif, offering competitive term and investment plans. 4. ICICI Pr...