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The redress firmament in India has undergone a number of phases since its inception in 1818. The policy welkin gained real momentum in the last decade when the Indian government allowed private insurance companies to furnish insurance products. Moreover, India welcomed overseas direct investment up to 26% in the insurance sector and since then it has been booming, captu forebode every opportunity for growth.
Top 10 Insurance Companies in India
Here is the list of top 10 insurance companies in India. 1. Life Insurance Corporation of India (LIC) merchandising pass: Indias largest Insurance smart set
With estimated assets of Rs. 8 trillion (approximately $170 billion) and 2048 branches short-circuit across India, LIC is not only the largest but the nigh touristed life insurance company in India. Government-owned LIC still frame on the top even in the phase where in that location are many new players entering in the ring with customized insurance products. LIC has gained the consumer trust and credibility over the time that is innate to sustain in the insurance business. 2.
Tata AIG Life Insurance Company Limited Selling Point: Insurance provider with the most reliable brand names Tata AIG offers a variety of insurance plans. The company has plans for everyone from children to students to corporate executives to senior citizens and it is the first private sector insurer in India to introduce a 24*7 dedicated, toll free customer helpline. Tata AIG Life Insurance is a joint venture between the Tata Group and American multinational Group (AIG). 3. HDFC Standard life Insurance Co. Ltd Selling Point: The master of Group-solution insurance plans HDFC Standard Life specializes in religious offering a wide range of solutions for groups and individuals. For e.g. their corporate group-solutions, which are passing flexible and tailor-made to suit the needs of the tar postureed...If you want to get a full essay, order it on our website: Ordercustompaper.com
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