Life insurance Corporation of India (LIC) is India's largest and oldest insurance company. Founded in 2000, HDFC Life Insurance Company is another joint venture between India's largest financial association, Housing Development Financial Corporation (HDFC) Ltd. and a multinational investment company, Standard Life. It operates through a network chain of 420 branches and additional distribution channels across India with 36 individual products and 13 group products in its profile.
Are your assets under management? 1,5 lakh crores. Tata is a name you'll find at the top in almost every field, so why leave life insurance behind? Tata AIA Life Insurance Company was formed in 2000 after Tata Sons Pvt. And AIA Group Limited to join together to form a joint venture. The company has a network of 18 markets in the Asia Pacific region in which Tata has a majority stake of 74% and AIA of 26%.
Currently, the Assets under the management of the company are? 28,430 crores. Oriental Life Insurance Company was an English insurance company that opened in Calcutta (now Calcutta) to serve the insurance needs of the British and other Europeans. Founded in 1956, one of the largest insurance companies in India is a state-owned insurance group and investment firm that offers a range of insurance products to its customers. Star Union Dai-Ichi Life Insurance serves a large number of customers and customers across the country from diverse economic and social backgrounds.
Founded in 2000, ICICI Prudential Life is one of India's top insurance companies with a presence across the country today with its strong bancassurance channel and multiple distribution channels. This should give the applicant an idea of which insurance company is better than others and whether to opt for the insurance company or not. Among India's other insurance companies, it is known that the company first introduced Unit Link and Unitized With-Profit Plan to the market. You need to consider some of the important aspects when choosing the life insurance company so that you can get the maximum benefit in times of need.
The insurance sector was opened to foreign direct investment and the private sector, although foreign ownership in any insurance company could peak at 26 per cent. Aditya Birla Sun Life Insurance offers a full range of insurance services such as protection plan, child plan, health and retirement solution, ULIP plan, customized group product and life stage product to provide complete customer satisfaction. It is important to go with the insurance company that offers excellent quality customer service along with high level customer satisfaction. It is important to choose an insurance plan that meets an individual's insurance requirements and fits the budget.
Some of the common products offered by the company are life insurance plans, pension plans, child insurance plans, unit-linked plans, special plans and group plans. The Indian life insurance market offers customers freedom of choice and they can select the plans that best suit them. Life insurance is an agreement between a person and the insurance company under which the insurance company undertakes to provide a death benefit to the insured life family in the event of an unfortunate death of the insured life during the life of the policy. Some of the most common plans offered by the company are the protection plan, the regent plan, the child plan, the retirement plan, the savings plan, the health plan, the term plan, and the group insurance plan.
Aditya Birla Sun Life Insurance Company, founded in 2000, is a subsidiary of Aditya Birla Capital Limited. .