20+ The Best Insurance Companies in India
Udan Udin - Life insurance is a protection program in the form of transfer of economic risk for the death or life of an insured person.
If an analogy, life insurance is often assumed as an umbrella in your home, a buoy on a ship or airplane. It is necessary because it is useful at certain times but is often unthinkable when it is safe. So life insurance is very reliable, especially when an undesirable situation occurs.
The purpose of life insurance is as an effort to protect your economic needs from being disrupted due to risks to breadwinners during productive times; or to prepare for a happy and prosperous old age.
Currently there are many life insurance products offered by insurance companies in Indonesia. There are life insurance products that come with additional features and benefits.
So, the question is what life insurance is right for you and your family?
Tips for Choosing the Best and Trusted Life Insurance
1. Do Research and Understand Life Insurance Products.
The research in question is to understand the ins and outs of life insurance products so that you are not trapped and choose insurance products that are not suitable.
For beginners, this research is very important so as not to be trapped by aggressive offers from insurance sales agents. Learn and understand the pluses and minuses of the insurance products offered.
2. Determine the Reasons Why You Need Insurance.
After research, next is to ask yourself, what is your goal in taking life insurance?
Understand the benefits of life insurance in the future as financial protection for your family if the head of the family has an accident that causes death or permanent disability so that you can no longer work productively.
Also understand the general rules of life insurance, namely there are life insurance products that offer high sum insured but the premium will be forfeited, or vice versa, namely small sum assured but the premium will be returned. which one do you want? just adjust it to your needs.
3. Choose Insurance Premiums According to Budget.
There are many life insurance products with various features in them that can affect the premium price. If you already know the purpose of why you need life insurance, then just choose a life insurance product that offers premiums according to your budget.
Recheck your financial ability to pay premiums, don't let there be problems in paying life insurance premiums. Remember! insurance does not have to be expensive, all tailored to your goals in the future.
Now there are many life insurance products with affordable premiums and a large sum insured. In essence, buy as needed, understand the terms and conditions of insurance that apply before buying it. For the record, before you buy any life insurance package with an affordable premium offer, make sure you read and understand the terms and conditions that apply so you don't regret it later.
Then who is the best insurance company in the India? Immediately, here is the list.
Top Insurance Companies in India 2021
- Life Insurance Corporation
- HDFC Life
- ICICI Prudential Life Insurance
- Bajaj Allianz Life Insurance
- Kotak Life Insurance
- SBI Life Insurance Company
- Max Life Insurance
- Exide Life Insurance
- Reliance Life Insurance
- IDBI Federal Life Insurance
- IndiaFirst Life Insurance Company
- Canara HSBC Oriental Bank of Commerce Life Insurance
- Aviva India
- Aegon Life Insurance Company
- PNB MetLife India Insurance Company
- Bharti AXA Life Insurance Co. Ltd.
- Birla Sun Life Insurance Co. Ltd.
- DHFL Pramerica Life Insurance Co. Ltd.
- Edelweiss Tokio Life Insurance Co. Ltd
- Future Generali India Life Insurance Co. Ltd.
- Sahara India Life Insurance Co. Ltd.
- Shriram Life Insurance Co. Ltd.
- Star Union Dai-Ichi Life Insurance Co. Ltd.
- Tata AIA Life Insurance Co. Ltd.
Thus a summary of the recommendations of the best insurance companies in India, hopefully it can provide understanding for you.