Top 10 Life Insurance Companies In India 2020-2021 | Best Insurance Company

Top 10 Life Insurance Companies In India 2020-2021 | Best Insurance Company

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What Is Life Insurance?

Insurance is the transfer of money, life-threatening, specific risk of asset loss. This allows the individual or the insurance company to take part or all of the potential risk of the client's money.

By paying a premium to insurance companies, individuals or organizations are free from all possible losses

Private insurers are required to adhere to a number of insurability policies:

1, the existence of many elements that may suffer similar losses

2, certain damages

3, accidental damage

4, large-scale damage

5, the premium must be affordable

6, the amount of damages must be quantifiable

7, In the case of natural calamities, the amount of compensation will be limited

8, the principle of ultimate virtue

9, policy of insurable interest

10, Compensation policy

11, Placement Policy

12, the principle of participation

13, Disclaimer of Damages

14, service policy

15, The principle of speedy claim fulfillment

16, Semi-determining principles

The various types of insurance are: -

Life insurance, naval or marine insurance, fire insurance

Top 10 Life Insurance Companies In India 2020-2021 | Best Insurance Company

1. LIC Insurance Corporation Of India.

2. ICICI Prudential Life Insurance.

3. SBI Life Insurance.

4. HDFC Standard Life Insurance.

5. Max Life Insurance.

6.Reliance Nippon Life Insurance.

7.TATA AIA Life Insurance.

8. PNB Metlife India Insurance.

9.Kotak india insurance

10. Airtel Life Insurance