List of Life Insurance Companies in India

Insurance is an important safety net that every individual must have in his/her life to ensure that in the time of your absence, the family does not suffer financially.

India is the fifth largest insurance market in the world registering an annual growth of 30-32%. By 2026, India’s insurance market is expected to be valued at $222 Billion making it one of the most prominent sectors in India.

In this article, we find out the List of Life Insurance Companies in India, which one to choose, and much more.

What is Life Insurance?

Life Insurance is a policy that an insurer has with an insurance company wherein the insurance company in written promises to pay the family in case of the death of the insurer.

It is an essential safety net that every individual must have to protect his/her family from hard times that may come due to your sudden demise.

List of Life Insurance Companies in India

The following is the list of Life Insurance Companies along with the detailed information of CEO, address, and contact details-

Sl.No	Name	Regn. No	Head Office Address	Name of the Chairman/ MD & CEO	Designation	Email of Chairman/CEO/MD	Appointed Actuary	Telephone/Fax
1	Life Insurance Corporation of India	512	Yogakshema, Jeevan Bima Marg, Post Box No. 19953, Mumbai – 400 021	Mr. M R Kumar	Chairman	[email protected]	Mr. Dinesh Pant	Tel : 22-22027060 (Chairman),Tel.(EPABX) 022- 66598000, Fax:022-22028600,
2	HDFC Life Insurance Co. Ltd	101	13th Floor, Lodha Excelus, Apollo Mills Compound, N.M. Joshi Road, Mahalaxmi, Mumbai 400 011, Maharashtra	Ms. Vibha Padalkar	MD & CEO		Ms. Eshwari Murugan	Tel: 022-67516666, Fax: 022-6751 6550
3	Max Life Insurance Co. Ltd.	104	3rd, 11th, 12th Floor, DLF Square Building, Jacaranda Marg, DLF City, Phase – II, Gurgaon – 122002, Haryana	Mr. Prashant Tripathy	MD & CEO	[email protected]	Mr. Jose Chathuparambil John	Tel: 0124-4121500, Fax: 0124-6659811
4	ICICI Prudential Life Insurance Co. Ltd,	105	ICICI Prulife Towers,1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400 025	Mr. N S Kannan	MD & CEO		Mr. Souvik Jash	Tel : (022) 40391992, Fax no.: (022) 66622031
5	Kotak Mahindra Life Insurance Co. Ltd.	107	7th Floor, Kotak Infiniti, Building No.21, Infinity Park, Off Western Express Highway, General AK Vaidya Marg, Malad (East), Mumbai – 400 097	Mr. Mahesh Balasubramanian	MD & CEO		Mr. R. Jayaraman	Tel:022- 66057652/6605777, Fax: 022 6742 5650
6	Aditya Birla SunLife Insurance Co. Ltd.	109	One India Bulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai-400013.	Mr. Kamlesh Rao	MD & CEO		Mr. Nakul Yadav	Tel: 022-43569000, Fax:022-56783377
7	TATA AIA Life Insurance Co. Ltd.	110	14th Floor, Tower A, Peninsula Business Park Lower Parel, Senapati Bapat Marg, Mumbai – 400013	Mr. Naveen Tahilyani	MD & CEO		Mr. Ankur Saraf	Tel:022-66479000, Fax: 022-66550711
8	SBI Life Insurance Co. Ltd.	111	“Natraj”, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai 400069	Mr. Mahesh Kumar Sharma	MD&CEO		Mr. Prithesh Chaubey	Tel: 022-61910000, Fax: 022 61910012
9	Bajaj Allianz Life Insurance Co. Ltd.	116	Bajaj Allianz House, Airport Road,Yerawada,Pune – 411 006	Mr. Tarun Chugh	MD&CEO		Mr. Avdhesh Gupta	Tel: 020-66026773, Fax: 020 -66026789
10	PNB MetLife India Insurance Co. Ltd,	117	Unit No. 101, 1st Floor, Techniplex-1, Techniplex Complex, Veer Savarkar Flyover, Off S V Road Goregaon (West), Maharashtra- 400062.	Mr. Ashish Kumar Srivastava	MD & CEO		Ms. Asha Murali	Tel: 022-41790000, Fax:022-41790203
11	Reliance Nippon Life Insurance Company Limited,	121	Reliance Centre, Off Western Express Highway, Santacruz East, Mumbai – 4000 055.	Mr. Ashish Vohra,	CEO & ED		Mr. Pradeep Kumar Thapliyal	Tel: 022 3000 2000, Fax: 022 3000 2222
12	Aviva Life Insurance Company India Ltd.	122	Aviva Tower, Sector Road, Opposite Golf Course, DLF-Phase V, Sector 43, Gurgaon 122003	Mr. Amit Malik	MD & CEO		Mr. Ajai Kumar Tripathy	Tel: 0124-2709000/01, Fax: 0124-270 9007
13	Sahara India Life Insurance Co. Ltd.	127	Sahara India Centre,1, Kapoorthala Complex, Aliganj, Lucknow – 226 024	Mr. A K Dasgupta	CEO & President		Mr.Ripudaman Sethi	Tel:0522-2329568,Fax:0522-2378200
14	Shriram Life Insurance Co. Ltd.	128	Ramki Selenium, Plot No:31 & 32, Beside Andhra Bank Training Centre, Financial District, Gachibowli, Hyderabad – 500032.	Mr. Casparus Jacobus Hendrik Kromhout,	MD & CEO		Mr Johannes Gilliam van Helsdingen	Tel:040-23434466-72,Fax: 040-23434488
15	Bharti AXA Life Insurance Company Ltd,	130	Unit no:1904,19th Floor, Parinee Crescenzo, ‘G’ Block, Bandra Kurla Complex, BKC Road, Behind MCA Ground, Bandra East, Mumbai – 400051	Mr. Parag Raja	MD & CEO		Mr. Varun Gupta	Tel: 022 40306397, Fax: 022 – 40306347
16	Future Generali India Life Insurance Company Limited,	133	Indiabulls Finance Centre, Tower 3, 6th Floor, Senapati Bapat Marg, Elphinstone (W), Mumbai – 400 013	Mr.Bruce de Bronze	MD &CEO		Mr. Aditya Mall	Tel: 022-40976666, Fax:022-40976600
17	Ageas Federal Life Insurance Company Limited,	135	22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel – East, Mumbai – 400013	Mr. Vighnesh Sahane	MD & CEO		Mr. Shivank Chandra	Tel.022-23029200 fax 022-23029499
18	Canara HSBC Life Insurance Co. Ltd	136	Orchid Business Park, Second Floor, Sohna Road, Sector-48, Gurgaon 122 018, Haryana, India, Phone: +91 124 4535 5794	Mr. Anuj Mathur,	MD & CEO		Mr. Akshay Dhand	Tel:0124-4535500,Fax:0124-4535999
19	Aegon Life Insurance Company Limited,	138	Aegon Life Insurance Company Limited – A-201, 2nd Floor, Leela Business Park, Nr. Airport Road Metro Station, Andheri Kurla Road, Andheri (East), Mumbai – 400459	Mr. Satishwar Balakrishnan,	MD & CEO		Mr. Kamlesh Gupta	Tel:022 61180100,Fax:022 61180200
20	Pramerica Life Insurance Co. Ltd.	140	4th Floor, Tower B, Building No.9, DLF Cyber City, Phase-III, Gurgaon 122002	Ms. Kalpana B Sampat	MD & CEO		Mr. Pawan Kumar Sharma	Tel.0124-4697000, Fax.0124-4697100/200
21	Star Union Dai-Ichi Life Insurance Co. Ltd.	142	11th Floor, Plot No:34,35 & 38,Vishwaroop IT Park, Sector-30A of IIP, Vashi, Navi Mumbai 400703	Mr. Abhay Tewari	MD&CEO		Mr. Pradeep Kumar Anand	Tel: 022-39546200, Fax:022-39546311
22	IndiaFirst Life Insurance Company Ltd.,	143	12th and 13th Floor, North [C] wing, Tower 4, NESCO IT Park, NESCO Centre, Western Express Highway, Goregaon (East), Mumbai – 400 063	Ms. R M Visakha	MD & CEO		Ms. Bhavna Verma	Tel:022 39418700, Fax: 022 33259500
23	Edelweiss Tokio Life Insurance Company Limited,	147	3rd & 4th Floor, Tower 3, Wing B, Kohinoor City, Kirol Road, Kurla (West), Mumbai -400070	Mr. Sumit Rai	MD&CEO		Mr. Nirmal Nogaja	Tel: 022-4063 5599, Fax: 022-71004133

How to Choose the Best Insurance Company in India?

To find the best Insurance Company, you’ll have to look at the data that the company projects online about their settlements.

You’ll have to specifically look at a few points to ensure the insurance company’s credibility and claims are managed well.

The following are some of the Key Data Points that you’ll have to look choose the best Life Insurance Policy-

• Claim Settlement Ratio: Your Life Insurance must have a Claim settlement ratio above 95% which ensures that you have a high chance of getting your claim settled in case of need
• Life Cover: instead of looking at what life insurance offers, you’ll have to focus on what you need out of a life insurance policy and must get which suits your requirement. This will help you in getting the most out of your life insurance policy.
• Customer Support: Imagine after your demise, your family member is running post to pole just to get the money they deserve. You would not want that for your family, which is why you should also look at the Customer Support and settlement process to ensure easy claim settlement.

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