Which is the largest life insurance company in India?
Life Insurance Corporation of India Life Insurance Corporation of India popularly known as LIC is the largest life insurance company in India owned by the Government of India. LIC, one of the top 10 insurance companies in India, came into existence in the year 1956.
Who is the owner of India first life insurance company?
The two Indian public sector banks, Bank of Baroda and Andhra Bank went into a joint venture with U.K based investment firm Legal and General and has launched India First Life Insurance Company. Headquartered in Mumbai the company offers investment funds, insurance plans and other policies.
How to choose a life insurance company in India?
Most of the life insurance companies in India offer a broad range of products. Every insurance company keeps coming up with innovative insurance products with unique features. While selecting the insurance company, you need to check the type of products it offers and its features that meet your life insurance and investment needs.