Top 20 Life Insurance Companies in India

If you are thinking to buy life insurance policy then wait and read this article where I’ve compiled top life insurance companies in India. You can go to respective life insurance companies website and find the best suitable life insurance plan for yourself and your family. In this article, you can refer top 20 Life Insurance Companies in India which are offering various life insurance individual and group/family policies. Among these top life insurance companies, some are Government insurance companies and some are private players. IRDA is an autonomous apex statutory body which controls general and life insurance companies and their plans. Life insurance companies in India are regulated by IRDA (Insurance Regulatory and Development Authority), an autonomous apex statutory body which regulates and develops the general and life insurances in India.

Apart from the life insurance companies in India, you can also check out Top 20 General Insurance companies in India.

We’ve selected these life insurance companies in India, let’s have a look

1. Life Insurance Corporation of India

Life Insurance Corporation of India (LIC) is one of the the largest insurance groups and investment companies in India. It was founded in 1956 (with the merger of 243 insurance companies and provident societies). This is amongst the Best 20 Life Insurance Companies in India.

Ownership: Government of India

Headquarter: Mumbai, India

Assets of LIC: 8 zonal Offices 113 divisional offices 3500 servicing offices 2048 branches 54 Customer Zones 25 Metro Area Service Hubs

These assets and credibility among the rural and urban India, make it one of the most reliable Life insurance companies in India with maximum number of claims accommodated.

LIC slogan: “Yogakshemam Vahamyaham” i.e. “Your welfare is our responsibility”, derived from, The Bhagavad Gita’s 9th Chapter, 22nd verse.

LIC India customer care number, SMS Help and email

• • • Toll Free – 022 6827 6827, 18004259876
    • Send SMS – LICHELP <policy no> to 9222492224 or SMS LICHELP <policy no> to 56767877
    • Email – You can send them email after login into their portal and directly through customerzone_delhi@licindia[dot]com (You can replace Delhi with your Zone city name)

2. ICICI Prudential Life Insurance Company

ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank and Prudential plc, United Kingdom which was started in December 2000.

ICICI Prudential Life’s Shareholding: ICICI Bank and Prudential plc holding 74% and 26% stake respectively

ICICI Prudential’s life insurance products: Life Plans (Term Plans and Wealth Plans), Child Plans, Retirement Plans and Health Plans

This company serves one of the most award winning term plan and makes it one of the most reliable Life insurance companies in Indian private sector and keeps it amongst the Best 20 Life Insurance Companies in India.

ICICI Prudential customer care number, SMS Help and email

• • • Customer care number – 1860 266 7766 (from India), +91 22 6193 0777 (from outside India)
    • Send SMS – SMA to 56767
    • Email – You can send them email after login into their portal and directly through lifeline@iciciprulife[dot]com

3. Bajaj Allianz Life Insurance Company Limited

Bajaj Allianz Life Insurance Company Limited is a joint venture between Allianz AG Germany and Bajaj Auto India.

Ownership: Bajaj Auto (India) and Allianz AG (Germany)

Headquarter: Pune

Chairman: Mr. Rahul Bajaj

Bajaj Allianz is one of the fastest growing private Life Insurance Company in India. This has more than 1,200 branches across country and deals in primarily unit linked, traditional, health, child and pension policies.

An ISO 27001:2005 Certified Company and one of the most recognized Life insurance companies in India and one of the Best 20 Life Insurance Companies in India.

Bajaj Allianz customer care number, SMS Help and email

• • • Customer care number – 1800-209-4040 (Sales), 1800-209-7272 (Service), (+91 020) 66026777, (+91 020) 66026789
    • Send SMS – SUPPORT to 9225850101
    • Email – You can send them email after login into their portal and directly through customercare@bajajallianz[dot]co[dot]in. For anything related to fraudulent or unauthorized sales material cyber.cell@bajajallianz[dot]co[dot]in and for online policy issuance and renewal websaleslife@bajajallianz[dot]co[dot]in

4. Tata AIA Life Insurance Company Limited

Tata AIA Life Insurance is an Indian insurance company, a joint venture between Tata Sons and AIA.

Products: Insurance for individual and corporate, insurance for automobile, home, personal accident, travel, energy, marine, property and casualty as well as several specialized financial lines

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Tata AIA Life combines Tata’s preeminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 15 markets in Asia Pacific. Tata Sons holds a majority stake (74%) in the company and AIA holds 26% through an AIA Group company. Tata AIA Life Insurance Company Limited was licensed to operate in India on February 12, 2001 and started operations on April 1, 2001 and it is one of the most trusted Life Insurance Companies in India.

Ownership: Tata AIG General Insurance Company Limited

Venture between: Tata Group (74%) and American International Group (AIG) (26%)

Founded in: January 22, 2001

Tata AIA customer care number, SMS Help and email

• • • Customer care number – 1-860-266-9966 (From India), +91-80- 67603700 (From outside India)
    • WhatsApp – 7045118888
    • Send SMS – SERVICE to 58888
    • Email – You can send them email after login into their portal and directly through life[dot]complaints@tataaia[dot]com

5. Aviva Life Insurance Company India Limited

Aviva Life Insurance is a private owned Insurance and Investment company “Aviva Life Insurance Company India Limited” is a Joint Venture between Dabur Invest Corp and Aviva International Holding Limited. This is one of the first Life insurance companies in India to introduce modern unit-linked and unitized with-profit policies.

Headquarter: Gurgaon, Haryana

Products: Protection, Investment, Savings & Retirement

About: Aviva India is a joint venture between Aviva and Dabur Group. Aviva plc has a 26% stake and Dabur has a 74% stake in the JV partnership.

Founded in:  July 2002

Strength: Aviva India employs close to 3900 people, over 25,000 Financial Advisers with 139 branches across the country. Aviva has also partnered with more than 72 insurance brokers

Strategy: Bancassurance, Direct Sales Force and online products

Online products: Aviva i-Life and Aviva Health Secure

Aviva India has also been expanding its distribution through online products. Aviva i-Life, an online fixed term protection plan and Aviva Health Secure, an online health insurance plan were launched to cater to the fast developing online insurance market.

Aviva promotes its brands and products a variety of advertisements in various mediums, featuring Sachin Tendulkar, Aviva India’s brand ambassador since 2007.

Corporate social responsibility (CSR)

Aviva India is involved with education of underprivileged children, under the Street to School programme, the international corporate social responsibility programme of Aviva plc. Within India, it works with NGOs in various parts of India to enable education for street and slum children, and helps them with funds for setting up and running outreach centers.

Aviva India also conducts the Aviva Great Wall of Education in various cities each year, which collects books for underprivileged children. The Great Wall of Education collected over 1.1 million books in 2011 alone. In 2011, Aviva Great Wall of Education was listed in the Limca Book of Records for being the ‘largest wall of books’. It has received multiple awards, including Gold at Spikes Asia 2010, a Bronze at Effies 2010 and a Silver at the Effies in 2011. It also won an Indy’s award in the ‘Community and Social Welfare’ category in 2011, and was awarded ‘Out of the box PR idea’ award at India PR & Corporate Communications Awards in 2012.

Aviva India employees volunteer time to conduct workshops with children enrolled with its partner NGOs as well.

Aviva Life customer care number, SMS Help and email

• • • Customer care number – 1800-103-7766
    • Send SMS – ‘ASK AVIVA‘ to 56767
    • Email – You can send them email after login into their portal and directly through customerservices@avivaindia[dot]com, complaints@avivaindia[dot]com

6. PNB MetLife India Insurance Company Limited

PNB MetLife is an investment and Insurance company “PNB MetLife India Insurance Company Limited” with a joint venture between MetLife International Holdings Inc.(MIHL) and its Indian partners including Punjab National Bank (PNB), J&K Bank, M. Pallonji and Co, Karnataka Bank, Karvy Consultants, Geojit Securities, Way2Wealth, Bonanza Insurance (Pvt) Ltd. and Mini Muthoot and other private players. MIHL and PNB are the majority shareholders. Reputation of Indian banks with this life insurance company makes it one of the most trusted life insurance companies in India and one of the Best 20 Life Insurance Companies in India.

Started in India: 2001

International rank: 88th on the “FORTUNE 500 companies” list

Laurels:

MetLife as ‘Best Managed Insurance Company for 2008’ by Forbs magazine

MetLife found its place in Fortunes ‘Best Admired Companies’ from 2008 to 2010

MetLife was awarded as one of the “100 Best Companies for Working Mothers” by ‘Working Mother’ magazine from 1999 to 2009

PNB MetLife customer care number, SMS Help and email

• • • Customer care number – 18004256969 (from India), 022-41790106/226 (from outside India)
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through indiaservice@pnbmetlife[dot]co[dot]in

7. Max New York Life Insurance Company Ltd.

Max New York Life Insurance is an investment and insurance company with an ownership of Max New York Life Insurance Company Limited and under partnership between Max India Limited and New York Life International.

Founder: Analjit Singh

Started in India in: 2001

Headquarter: Delhi, India

It is one of the first life insurance companies in India to be awarded the IS0 9001:2000 certification and becomes one of the most trusted life insurance companies in India.

Max NewYork Life customer care number, SMS Help and email

• • • Customer care number – 18601205577
    • Send SMS – PR <policy number> to 5616188 to get premium receipt
    • Email – You can send them email after login into their portal and directly through service.helpdesk@maxlifeinsurance[dot]com

8. Exide Life Insurance Company Limited (Earlier ING Vysya)

Exide life is a life insurance company. Now this company is taken over by HDFC life who has acquired 100% stakes of Exide life in January, 2022. Existing customers can visit the link given at the beginning for their issues.

Ownership: ING Vysya Life Insurance Company Limited, now Exide Life Insurance Company Limited, Now HDFC Life

Established in India: September 2001

Partnership: ING group (26% equity), a global financial institution of Dutch origin that offers banking, insurance and asset management to clients across the world with Exide Industries Limited (50% equity), India’s largest producer of automotive and industrial batteries and others (24% equity)

Headquarter: Bangalore, India

Assets: ING Life India has over 250 branches present in more than 225 cities across India. ING Vysya Life Insurance Co. has around 7000 employees with over 1 million policy holders spread across the country

Distribution channel: The company distributes its products through two channels, Tied Agency and Alternate Channel. The Tied Agency Channel comprises over 30,000 ING Life Insurance Advisors, spread across the country. The Alternate Channel is a fast growing distribution channel, and includes Bancassurance partner (ING Vysya Bank), Cooperative Banks, Corporate Agents and Brokers. This is one of the most acceptable life insurance companies in India.

ExideLife (ING Vysya) customer care number, SMS Help and email

• • • Customer care number (toll free) – 1800 419 0808 (to buy policy online), +91 80 4134 5444, 1800 419 8228 (for policy servicing)
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through care@exidelife[dot]in, websales@exidelife[dot]in

9. Birla Sun Life Insurance Co. Ltd.

Birla Sun Life is an insurance cum investment company.

Ownership: Birla Sun Life Insurance Co. Ltd. (BSLI)

Partnership: A joint venture between Aditya Birla Group, an Indian multinational corporation, and Sun Life Financial Inc, a leading global insurance company.

Birla Sunlife is one of the trusted and the oldest life insurance companies in India.

Established in: 2000

Birla SunLife customer care number, SMS Help and email

• • • Customer care number – 1800 270 7000 
    • Send SMS – NA
    • Email – You can send them email after login into their portal

10. Bharti AXA Life Insurance Company Limited

Bharti AXA Life Insurance Company Limited is an Insurance and Investment company

Ownership: Bharti-AXA General Insurance Co. Ltd., Bharti Enterprises (A leading telecommunication giant of India and also caters to finance, agri and retail-businesses)

Partnership: Bharti (74% stake), leading Indian business group, and AXA (26% stake), world leader in finance and wealth management

Founded in: 13th July 2007

Bharti AxaLife customer care number, SMS Help and email

• • • Customer care number – 1800-102-4444
    • Send SMS – SERVICE at 56677
    • Email – You can send them email after login into their portal and directly through Service@bharti-axalife[dot]com 

11. HDFC Life Insurance Company Limited

HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) is an investment and insurance company

Ownership: HDFC Standard Life Insurance Co. Ltd.

Partnership: Housing Development Finance Corporation Limited (HDFC Limited) (Holds about 72.43% of the equity) -India’s leading housing finance institution – and a Group Company of the Standard Life Plc (Holds 26% equity), UK that is a world-renowned provider of financial services and rest of the shares are owned by other players

Founded in: 14th August 2000

Headquarter: Mumbai, India

HDFC Standard Life has about 568 branches and is present in over 700 cities and towns. It has almost 2,00,000 financial consultants that meet various customer needs such as protection, pension, savings, investments and health. The company has 32 retail and 4 group products along with 5 rider benefits. Customizing plans have also been added to make lives better. Read more to get an idea about the HDFC Life Insurance schemes and policies. Plans from this insurance player are most acceptable and makes it one of the most competitive life insurance companies in India.

HDFC Life customer care number, SMS Help and email

• • • Customer care number – 1800 266 9777, 1860 267 9999 (from India), +91 89166 53100 (from outside India)
    • Send SMS – LIFE to 56161
    • Email – You can send them email after login into their portal and directly through buyonline@hdfclife[dot]in, service@hdfclife[dot]com

12. Kotak Mahindra Life Insurance Company Ltd.

Kotak Mahindra Life Insurance Company Limited is an insurance and Investment company

Ownership: Kotak Mahindra Old Mutual Life Insurance Ltd.

Partnership: Kotak Mahindra Bank Ltd. – financial institution which offers a range of financial services ranging from commercial banking, stock broking to mutual funds, life insurance and investment banking (and its affiliates) (holds 74% stakes) and Old Mutual plc – An international insurance and investment management company which has its roots in South Africa, South Africa (holds 26% stakes)

Founded in: 2001

Headquarter: Mumbai, India

Kotak Mahindra customer care number, SMS Help and email

• • • Customer care number – 1800 209 8800
    • Send SMS – NA
    • Email – send email to clientservicedesk@kotak[dot]com, beware of spurious emails with fictitious/fraudulent offers. Persons receiving such emails mentioning Kotak Life are requested to highlight the same immediately to kli.riskcontrol@kotak[dot]com with “Spurious Email” in the subject line.

13. SBI Life Insurance Company Limited

SBI Life Life Insurance is a leading government enterprise in Banking sector, now in investment and insurance company as SBI Life and becomes one of the most popular life insurance companies in India and placed amongst the Best 20 Life Insurance Companies in India.

Ownership: SBI Life insurance comp Ltd.

Partnership: State Bank of India and BNP Paribas assurance-a French company ranked the 5th largest banking company worldwide

Headquarter: Mumbai, India

SBI Life customer care number, SMS Help and email

• • • Customer care number – 1800 22 90 90 (from India), 022-6191 0000 (from outside India)
    • Send SMS – CELEBRATE to 56161, POLSTATUS Policy Number to 56161
    • Email – You can send them email after login into their portal and directly through info@sbilife[dot]co[dot]in

14. Reliance Nippon Life Insurance Company Ltd.

Reliance Nippon Life Insurance is an investment and insurance company.

Ownership: Reliance Life Insurance Company Limited, An Anil Dhirubhai Ambani Group (ADAG) company, part of Reliance Capital Ltd.

Headquarter: Mumbai, India

Partnership: Reliance ventured into the life insurance business in October 2005 by acquiring AMP Sanmar and in 2009-2010, it became the largest private insurer of India with largest number of policy count, Nippon Life Insurance Company acquired 26% interest in equity share capital of the Company effective October 7, 2011 subsequent to receipt of all regulatory approval. Nippon Life Insurance, also called Nissay, is Japan’s largest private life insurer with revenues of Rs 346,834 crore (US$ 80 Billion) and profits of over Rs 12,199 crore (US$ 3 billion). The Company has over 14 million policies in Japan, offers a wide range of products, including individual and group life and annuity policies through various distribution channels and mainly uses face-to-face sales channel for its traditional insurance products. The company primarily operated in North America, Europe and Asia and is headquartered in Osaka, Japan. It is ranked 81st in Global Fortune 500 firms in 2011.

Assets: RLIC has a huge network of around 1145 branches covering a wide geographical area. It is one of the ISO 9001:2000 certified life insurance companies of India and has been awarded the “Jamnalal Bajaj Uchit Vyavahar Puraskar 2007 – Ceritificate of Merit” in the Financial Services category by Council for Fair Business Practices (CFBP)

This company also won the DL Shah Quality Council of India Commendation award in February 2008.

Reliance Life customer care number, SMS Help and email

• • • Customer care number – 1800 102 1010 (from India), (+91) 022 4882 7000 (from outside India), 1800 102 3330, 022 3000 2700 (for claims related queries)
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through rnlife.customerservice@relianceada[dot]com

15. Future Generali India Life Insurance Co. Ltd.

Future Generali India Life Insurance is an investment and insurance joint venture.

Ownership: Future Generali India Life Insurance Co. Ltd.

Partnership: It’s a joint venture between the India-based Future Group and the Italy-based Generali Group. Future Generali group is present in both the life and general insurance businesses in India as Future Generali India Life Insurance Co. Ltd. and Future Generali India Insurance Co. Ltd.

Headquarter: Mumbai, India

Other areas of group: Retail as the main business activity, consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics etc.

Future Generali customer care number, SMS Help and email

• • • Customer care number – 1800 102 2355
    • WhatsApp – +91-8108198633, +91-8828613211, +91-8108198610, +91-9594872657, +91-9594784147, +91-8425960197
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through care@futuregenerali[dot]in

16. Shriram Life Insurance Company Limited

Shriram Life Insurance Company Limited is an investment and insurance company

Ownership: Shriram Group of India

Partnership: Shriram Life Insurance is a joint venture of the Shriram Group of India and SANLAM of South Africa.

Headquarter: Hyderabad, India

The group offers several policies catering to various needs of the policyholders. Along with life insurance, distinct policies cover subjects like child education, retirement funds, marriage of children, expectation of high returns etc. The Group has a customer base of 30 lakhs chit subscribers and investors and operates through a network of 630 offices all over the country. The Group has the largest agency force in the private sector consisting of more than 75,000 loyal and dedicated agents.

ShriRam Life Insurance customer care number, SMS Help and email

• • • Customer care number – Service Helpdesk – 1800-3000-6116, Buy Policy – 1800-103-7401, Indore Call Centre – 1800-103-5319, SureBuddy Helpline – 1800-102-2234, Phone from outside India – +91-40-2300-9400
    • Send SMS – Premium Dues- DUES policy number to 9246033344 / Policy Status- STAT policy number to 9246033344 / Last Premium Received- LPRT policy number to 9246033344 / Premium Due Date- DDAT policy number to 9246033344
    • Email – You can send them email after login into their portal and directly through customercare@shriramlife[dot]in

17. Ageas Federal Life Insurance Co Ltd. (earlier it was IDBI Federal Life Insurance Co Ltd.)

IDBI Federal Life Insurance Co Ltd. is an investment and insurance company which is now Ageas Federal Life Insurance Co Ltd.

Ownership: IDBI Federal Life Insurance Co. Ltd.

Founded in: March 2008

Headquarter: Mumbai, India

Partnership: Three organizations are jointly partnered as IDBI Bank, a premier commercial bank of India as a major player with 48% equity, Federal Bank, India’s leading private sector bank with 26% equity and Ageas, a Europe based insurance multinational giant with 26% equity

IDBI Fortis Life becomes IDBI Federal Life Insurance

IDBI Fortis Life Insurance has changed its name to IDBI Federal Life Insurance Co, following rechristening of its foreign partner Fortis.

IDBI Fortis is a joint venture of IDBI Bank, Federal Bank and Fortis Insurance International, with shareholding of 48 per cent, 26 per cent and 26 per cent, respectively.

There will be no change in the shareholding pattern of the company, IDBI Federal Life Insurance Co said in a statement.

Fortis has decided to change its name to Ageas in April 2010, it said.

At the same time, as IDBI Bank and Federal Bank are joint venture shareholders and bancassurance partners of the company, it was felt that including both their names in the insurance company name would establish a better brand connect with the over ten million customers of both banks, it said.

The shareholders unanimously decided to change the name of the joint venture to IDBI Federal Life Insurance Company, it said.

IDBI Bank Chairman and Managing Director R M Malla said: “IDBI Fortis has rapidly grown in reach and size over the last 2 years. As we tread onto a journey of increased productivity and growth, this change will help IDBI Federal tap into markets that are known to be Federal Bank strongholds.”

Started in March 2008, the company has sold over 2 lakh policies with a sum assured of over Rs 9,160 crore as of June 20, 2010.

IDBI Federal Life customer care number, SMS Help and email

• • • Customer care number – 1800 209 0502 (customer service)( Customer Service ) , 1800 102 6166 (for online products)( For Online Products )
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through support@idbifederal[dot]com

18. Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd.

Canara HSBC Oriental Bank of Commerce Life – is an investment and insurance company

Ownership: Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd (Canara HSBC OBC Co. Ltd.)

Partnership: Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited and Oriental Bank of Commerce (OBC), Canara Bank holds 51% of equity while HSBC and OBC hold 26% and 23% respectively

Founded in: March 2007 and operation started on 16th June 2008, after receiving approvals by IRDA

Headquarter: Gurgaon, India

There are almost 530 branches of Canara HSBC OBC networked all over the country, in order to cater to its customers. The company operates a bancassurance model that is exclusive to almost 60 million customers.

Canara HSBC Life customer care number, SMS Help and email

• • • Customer care number – Toll Free – 1800-103-0003, 1800-180-0003 (MTNL/BSNL from India), +91-124-4315200 (from outside India) SMS – 97790-30003
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through customerservice@canarahsbclife[dot]in (for Indian customers) customercare.NRI@Canarahsbclife[dot]in (for NRI customers)

19. Aegon Life Insurance Company Limited

Aegon Life Insurance Company Limited (formerly Aegon Religare Life Insurance Company Limited) launched its pan-India operations in July, 2008 following a multi-channel distribution strategy with a vision to help people plan their life better. The fulfillment of this vision is based upon having a complete product suite, providing customized advice and enhancing the overall customer experience. Aegon, an international provider of life insurance, pensions and asset management and Bennett, Coleman & Company, India’s leading media conglomerate, have come together to launch Aegon Life Insurance. This joint venture adopts a local approach with the power of global expertise to launch products that are focused on providing customers with the means to meeting their long-term financial goals. The company is headquartered in Mumbai serving over 4.4 lakh customers across India and is amongst the Best 20 Life Insurance Companies in India.

An investment and insurance company

Ownership: AEGON and Times Group

Partnership: AEGON (A Dutch insurance major)– the 5th largest life insurance company in the world by revenues, Religare – one of India’s largest diversified financial services groups and Bennett, Coleman & company – India’s largest media house, have come together to form AEGON Religare Life Insurance Company Limited. The company is committed to building a quality business based on both scale and sustainability with a vision of ‘To Help People Plan Their Life Better’.

AEGON holds 26 per cent stake in Mumbai-based AEGON Religare Life Insurance, established in 2007. Religare holds 44 per cent in the venture, with Bennett, Coleman & Company Ltd holding the remaining 30 per cent.

Founded in: 2007

Started in: August, 2008

Headquarter: Mumbai, India

Aegon Life customer care number, SMS Help and email

• • • Customer care number – 1800-209-9090 (from India), +91 22 6193 0777 (from outside India)
    • Send SMS – SMS to 9221010101 with the codes (MENU – Menu for all the below mentioned servicing options / RENEW – Premium Due Details / CALL – Request for a call back / TPIN – Generate Your TPIN / PROD – Details on New Product / FUND – Details about Fund Value / STATUS – Current status of your Policy / RECEIPT – Request Premium Receipt / US – Unit Statement)
    • Email – You can send them email after login into their portal and directly through customer.care@aegonlife[dot]com

20. Star Union Dai-ichi Life Insurance Company Ltd.

Star Union Dai-ichi Life: Star Union Dai-ichi Life Insurance Company Limited is a joint venture of Bank of India, Union Bank of India and Dai-ichi Life a leading life insurance company of Japan. Dai-ichi Life is the second largest life insurance company of Japan and is one of the top ten life insurers in the world. Dai-ichi Life was established in 1902 and is a recognized brand name across the globe. Dai-ichi Life is renowned for sound product knowledge, superior asset management skills, and strong operational capabilities to manage life insurance businesses globally.

Sudlife is an investment and insurance site

Ownership: Star Union Dai-ichi Life Insurance (SUD Life)

Partnership: Bank of India and Union Bank of India (India) and Dai-ichi Mutual Life Insurance Company (Japan)

Founded in: September 25 2007 and achieved Licence from IRDA on December 26, 2008

Headquarter: Mumbai, India

Star Union Dai Ichi customer care number, SMS Help and email

• • • Customer care number – 1800 266 8833 (from India), +91 22 3954 6200 (from outside India)
    • Send SMS – SUD to 56677888
    • Email – You can send them email after login into their portal and directly through customercare@sudlife[dot]in

21. Pramerica Life Insurance Limited

Pramerica Life Insurance Limited (Erstwhile DHFL Pramerica Life Insurance Company Limited) DPLI Limited is one of the fastest growing life insurance companies in India headquartered in Gurgaon, India. They provide a wide range of life insurance solutions for individuals as well as groups taking care of our customers’ various financial protection needs such as securing their child’s future, retirement planning, savings and wealth creation.

With 126 branches and approx. 4000 employees across the nation, this is one of the most progressive life insurance companies in India.

DHFL Pramerica customer care number, SMS Help and email

• • • Customer care number – 1800 102 7070 (from India), 1800 102 7986 (give missed call to get call back)
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through contactus@dhflpramerica[dot]com

22. India First Life Insurance Company Limited

India First Life Insurance Company is promoted by Bank of Baroda, Andhra Bank, and UK-based, Legal & General. Their products are exclusively designed to help you realize your current and future life goals.

Launched in 2010 by the then Finance Minister of India, Mr. Pranab Mukherjee, IndiaFirst Life Insurance is one of India’s youngest life insurance companies.

The joint venture between Bank of Baroda (44% stake), Andhra Bank (30% stake) and UK’s leading risk, wealth and investment brand Legal & General group (26% stake) constitutes India First Life Insurance Company Limited.

India First customer care number, SMS Help and email

• • • Customer care number – 1800 209 8700 (from India), +91 22 62749898 (outside India)
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through customer[dot]first@indiafirstlife[dot]com, claims[dot]support@indiafirstlife[dot]com

23. Edelweiss Tokio Life Insurance Company Ltd.

Edelweiss Tokio Life Insurance Company Ltd., is a joint venture between Edelweiss Financial Services Ltd. and Tokio Marine Holding, Inc., one of the oldest (130 years) and biggest life insurance companies in Japan. It was established in 2011 with customer centric approach and simple claim settlement process makes it one of the most looked life insurance companies in India and amongst the Best 20 Life Insurance Companies in India.

Edelweiss Tokio customer care number, SMS Help and email

• • • Customer care number – Through online form as per your location
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through care@edelweisstokio[dot]in

24. Sahara India Life Insurance Company Ltd.

The Sahara Pariwar’s latest foray is in the field of Life Insurance, Sahara India Life Insurance Company Ltd., it is the first wholly and purely Indian company, without any foreign collaboration to enter the Indian Life insurance market.

This has been granted licence by the insurance regulator – the IRDA on 6th February 2004, with an initial paid up capital of 157 crores. Shri Subrata Roy Sahara is the Chairman of Sahara Pariwar.

Sahara provides wide range of competitive products to meet the insurance requirements of people of all the ages and all parts of India either rural or urban, this makes it one of the most known life insurance companies in India and keeps it amongst the Best 20 Life Insurance Companies in India.

Sahara India customer care number, SMS Help and email

• • • Customer care number – 1800-180-9000 (toll free)
    • Send SMS – NA
    • Email – You can send them email after login into their portal and directly through sahara[dot]life@sahara[dot]in

As per India Brand Equity Foundation (IBEF), Insurance industry with strong growth cycle has reached a total industry size of ~USD 280 Billion in 2020. Out of total 57 insurance companies, 24 are in the life insurance business and 33 are non-life insurers.

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