List of Term Insurance Companies in India

What is Term insurance?

List of Term Insurance Companies in India

Company name

Founding year

Headquarter location

Life Insurance Corporation of India

1956

Mumbai

Max Life Insurance Co. Ltd.

2000

New Delhi

HDFC Life Insurance Co. Ltd

2000

Mumbai

ICICI Prudential Life Insurance Co. Ltd.

2000

Mumbai

Aditya Birla SunLife Insurance Co. Ltd.

2000

Mumbai

Kotak Mahindra Life Insurance Co. Ltd.

2001

Mumbai

Pramerica Life Insurance Co. Ltd.

2008

Gurugram

TATA AIA Life Insurance Co. Ltd.

2000

Mumbai

Bajaj Allianz Life Insurance Co. Ltd.

2001

Pune

SBI Life Insurance Co. Ltd.

2001

Mumbai

Exide Life Insurance Co. Ltd

2001

Bengaluru

Reliance Nippon Life Insurance Company

2001

Mumbai

Sahara India Life Insurance Co. Ltd.

2000

Kanpur

Aviva Life Insurance Company India Ltd.

2002

Gurugram

PNB MetLife India Insurance Co. Ltd

2001

Mumbai

Bharti AXA Life Insurance Company Ltd

2005

Mumbai

IDBI Federal Life Insurance Company Limited

2008

Mumbai

Future Generali India Life Insurance Company Limited

2006

Mumbai

Shriram Life Insurance Co. Ltd.

2005

Hyderabad

Aegon Life Insurance Company Limited

2008

Mumbai

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited

2007

Gurugram

Edelweiss Tokio Life Insurance Company Limited

2009

Mumbai

Star Union Dai-Ichi Life Insurance Co. Ltd.

2007

Mumbai

IndiaFirst Life Insurance Company Ltd.

2009

Mumbai

One should consider the pros and cons of choosing from a particular term insurance provider before availing such policies.

You must check the various facets of an insurance company, such as claim settlement ratio, customer service and overall reputation.

Additionally, a company’s policy features should align with the facilities you are seeking from such life coverage.

Frequently Asked Questions