Insurance is one of the most valuable things to individuals today and the number of people who are insured is still very low in India. Because of this the number of people who wish to insure themselves and their families are quite high nowadays. This can be considered to be one of the reason why there are many insurance companies coming up. This article discusses about the numerous insurance companies available in India.

Public Sector life Insurance Company

Life Insurance Corporation of India - This is one of the most well known insurance companies in our country. They have a legacy of almost 52 years. Customers of this firm are provided with insurance covering all areas of life. The vision of this prestigious firm is to enhance the quality of people’s lives by given them financial security.

Public Sector General Insurance Companies

New India Assurance Company Limited - This firm was founded in 1919 by Sir Dorab Tata. It also prides itself in being the first insurance company in our country that is fully an Indian firm. They provide insurance to not only Indian clients but also to clients of the Afro-Asian region.

National Insurance Company Limited - This firm has it corporate office in Kolkata. It was founded in 1906. It is recognized as one amongst the pioneer public sector firms in India. They today have around 200 offices across the nation.

The Oriental Insurance Company Limited - This firm handles all types of business of the non life insurance kinds. This ranges from very big projects to insurances coverage of small businesses.

Private Sector life Insurance Companies

Bajaj Allianz Life Insurance Company Limited - This is one amongst the top private insurance firms in India. They provide insurance in almost every area.

Birla Sun-Life Insurance Company Limited – This private sector insurance firm provides their customers with life insurance, wealth management services and as well as mutual funds.

HDFC Standard Life Insurance Company Limited – This insurance firm is well known for its health and wealth management plans. They offer their customers life insurance as well as child insurance plans.

ICICI Lombard General Insurance Company Limited – This firm is a joint business enterprise between the prestigious ICICI bank and Fairfax Financial Holdings.

ING Vysya Life Insurance Company Limited – This is one amongst the popular private insurance firms in our country. They provide people will insurance that touch all aspects of life.

Max New York Life Insurance Company Limited – This is an insurance firm that is ISO 9001:2008 certified. They offer their clients with numerous insurance policies. A few of them include life, retirement, growth and marriage etc.

Reliance Life Insurance Company Limited - This insurance firm is a part of the Anil Dhirubhai Ambani Groups’ Reliance Capital Limited. It has a place amongst India’s leading sector organizations that offer financial services.

Royal Sundaram Alliance Insurance Company Limited - This is a leading private sector firm in our country. They provide their clients with innovative insurance solutions. a few of their services comprise of cashless hospitalization, segment specific business solutions, Home insurance, travel insurance and Accident insurance etc.

TATA AIG Life Insurance Company Limited - This firm has the place amongst the leading insurance companies in India. They offer both general as well as life insurance. The company is a joint initiative between American International Group, Inc (AIG) and the Tata Group. The firm offers their services to individuals and corporate firms and is well known for the aid they provide to people of all sections.

A few other insurance firms in our country comprise of the United India Insurance Company Limited, Agriculture Insurance Company of India Ltd., TATA AIG General Insurance Company Limited, SBI Life Insurance Company Limited, Star Union Dai-ichi Life Insurance Company Limited, Shriram Life Insurance Company Limited, Sahara India Life Insurance Company Limited, Reliance General Insurance Company Limited, MetLife Insurance Company Limited, India First Life Insurance Company Limited, IFFCO-Tokio General Insurance Company Limited, IDBI Fortis Life Insurance Company Limited and ICICI Prudential Life Insurance Company Limited. Some other insurance firms of equal repute comprise of the Future General India Life Insurance Company Limited, DLF Pramerica Life Insurance Company Limited, Canara HSBC Oriental Bank of Commerce Life Insurance Corporation Limited, Bharti AXA Life Insurance Company Limited, AFGON Religare Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, Kotak Mahindra Old Mutual Life Insurance Company Limited and Aviva Life Insurance Company Private Limited.