Life Insurance Companies In India

Apart from Life Insurance Corporation of India, the following 13 companies are providing Life Insurance in India:

HDFC Standard Life Insurance Company Limited.
ICICI Prudential Life Insurance Company Limited.
Max New York Life Insurance Company Limited.
Om Kotak Mahindra Life Insurance Company Limited.
Aviva Life Insurance Company Pvt. Limited.
SBI Life Insurance Company Limited.
ING Vysya Life Insurance Company Limited.
Allianz Bajaj Life Insurance Company Limited.
Dabur CGU Life Insurance Company Limited.
AMP Sanmar Life Insurance Company Limited.
Metlife India Life Insurance Company Limited.
Tata AIG Life Insurance Company Limited.
Birla Sun Life Insurance Company Limited.

The Insurance Regulatory and Development Authority (IRDA) had registered and regulates these companies. All these 13 companies are limited companies registered under Companies Act. All these companies have started to work in Indian life insurance markert just few years back. It is just starting for these companies in Indian market. They are just new born baby and have to fight really hard to capture Indian life insurance market. Life Insurance Cooperation of India (LIC) is their biggest threat as it is the biggest life insurance provider in India.
Many changes are going on in the life insurance sector of India from the past few years and now we have to wait and see what will be the outcome.