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Monday, 18 September 2017

cheap life insurance Companies

Cheap life insurance Companies

cheap life insurance
cheap life insurance

Hello Friends if you are searching cheap life insurance Companies then read this article 


1.Life Insurance Corporation of India

Life Insurance Corporation (LIC) is the biggest life insurer in India and totally owned by the union government. It specializes in individual life insurance, pension plans, and group insurance plans. It has several subsidiaries including the following:

Life Insurance Corporation of India International
LIC Housing Finance
LIC Nepal
LICHFL Care Homes
LIC Lanka
The organization has in excess of 12 million policyholders and more than 9 lakh agents. Till date it has issued in excess of 120 million policies. A major reason for the organization’s success over the years has been its adaptability. 

It was introduced to computers during 1964 and since then has been utilizing information technology for serving its customers. It is also a rewarding option when it comes to work opportunities, especially for sales agents who are provided training at par with international standards, and a lot of independence for working. In all, the financial prowess of this insurer is yet to be matched. 



2. Reliance Life Insurance (RLIC)

Another leading life insurance company in India is Reliance Life Insurance, which is a subsidiary of Reliance Capital Company. The company began its operations in 2001 and is based in Navi Mumbai and the Japanese company, Nippon took over 26% of its share in 2011. It has an employee base of 1000 people at present.


3.ICICI Prudential Life Insurance

ICIC Prudential Life Insurance has a big network comprising more than 1900 branches, which includes 1074 micro offices and more than 210,000 advisors. It is one of the earliest life insurers to have received the AAA (Ind) National Financial Strength rating from Fitch. 

For three straight years it has been voted the Most Trusted Private Life Insurer – a testament of its performance and growth over the years.



4.Birla Sun Life Insurance Company

With a 2.5 million of customer base the Birla Sun Life Insurance is one of the leading insurance company in India.  Birla Sun Life Insurance came in to existence with the joint venture between Aditya Birla Group and Sun Life Financial Inc. The company is known as a pioneer of Unit Linked Life Insurance plans and has over 600 branches spread over 500 cities across the country. A complete range of insurance services is offered by Birla Sun Life Insurance like protection plan, child plan, health and retirement solution, ULIP plan, customized group product and life stage product to provide compete satisfaction to the customers. With a claim settlement ratio of 88.45 % the company offers the best plans for the customers,this is a cheap life insurance company 


5.HDFC Standard Life Insurance Company

HDFC Standard Life Insurance Corporation India is a joint venture between Housing Development Financial Corporation Ltd. and Standard Life Plus. Founded in year 2000 HDFC Standard Life insurance is one of the leading insurance firm in India. The company has currently 27 retail and 8 group products in portfolio. In order to meet the various needs of the customer the company provides an array of individual and group insurance solutions like pension plan, saving and health plan, protection plan, child plan and women plan. With over 414 branches spread in 900 cities and towns in India the company has a claim settlement ratio of 95.02%. HDFC Life Insurance Company offers plans in a much customized way to fulfill the requirements of the customer.

Cheap life insurance


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