By investing in a life insurance policy, the insured has to pay a certain amount of money, every month known as a premium, to the company. In the future, if something does happen to him, then the company will then pay this cover to his family and loved ones. This will ensure that they are financially protected, even after the passing of the insured.
It would be very unfortunate, for them to suffer economically, especially at a time when they are emotionally going through so much. Therefore, the life insurance plans in today’s day and age is a necessity and not a luxury, and will ensure that you live a peaceful and tension free life without having to worry about the financial status of your family after your death.
In order to help you pick the right insurance company, we have enlisted below the best life insurance companies of 2018 in India after taking into account the services, number and types of policies they offer, premium to claim ratio and client satisfaction, among things. The following companies are known to offer the best policies to their customers in all 3 classes, namely – general, life as well as health insurance policies.
- The LIC
- SBI Life Insurance
- ICICI Prudential Life Insurance
- Bajaj Allianz Life Insurance
- TATA AIA Life Insurance
Tags: Life Insurance