The main dominating company in life insurance in India was the Life insurance Company of India, but in the recent years many new companies have entered into the market. The main reason as to why many people take up life insurance policy is to provide safety and security to their dependents after their demise. We can never predict the future, but in case of any issues you can always see to that your dependents continue to live in the same way even after your death. To guarantee that your family is no way financially affected by your sudden demise you take up an insurance policy. Other than the life coverage and bonus you will also get additional tax benefits.
Some of the others who provide Life insurance in India are:
ICICI Prudential Life Insurance Co. Ltd.
ICICI Lombard General Insurance
Aviva Life Insurance Co. India Pvt. Ltd.
Birla Sun Life Insurance Co. Ltd
ING Vysya Life Insurance Company Ltd.
Max New York Life Insurance Co. Ltd
SBI Life Insurance Co. Ltd
Met Life India Insurance Company Ltd.
National Insurance Company Ltd
HDFC Standard life Insurance Co. Ltd
Bajaj Allianz Life Insurance Company Limited
Tata AIG Life Insurance Company Limited
These are just a few of the companies that provide life insurance policies in India, like these you also have many more such policies providers. All you will have to do is choose the best one that provides you with maximum benefits and pay the premium for those. Based on the returns and bonus that you receive you can also plan your future accordingly. The only thing you will have to look after is that there is no break in the premium payments that you make. You have various time limits to pay for your investment policies; you can choose to pay the premium either on monthly basis, yearly basis, quarterly basis or half yearly basis. Keep track of all your payments and see to that there is no break in your payments. If you have fulfilled your side of the bargain, then the insurance policy providers will satisfy their side of the bargain also.