The Best Life Insurance Options in India

Life insurance can seem like a waste of money. After all, no one wants to think about their death – but life can take unexpected turns, and failing to plan for the worst could leave your loved ones in serious financial trouble.

Life insurance provides peace of mind and prevents uncertainty. And getting a life insurance policy doesn’t have to be expensive. Coverage for Rs 1 crore can cost as little as 1,000 Rs per month¹. That’s insurance for less than the price of a cup of coffee.

If you don’t have life insurance, or if you’re looking to change your current policy, here are three of the best life insurance companies available in India.

Aegon Life Insurance

Aegon Life Insurance is a new player in India, but this provider has become one of the best in the country since it first started offering policies. With a wide selection of different types of life insurance products, Aegon offers plans that can meet anyone’s needs, at any premium rate.

No matter your age, your health, or your insurance needs, Aegon offers a plan that’s suited. Every Aegon plan includes protection, savings, wealth appreciation, security for the future, and retirement planning.

Aegon Life Insurance includes the following term life insurance policy types, which insure you in the event that you die while the plan is active²:

Kotak Life Insurance

As one of the leading insurance companies in India, Kotak Life Insurance – or Kotak Mahindra Life Insurance – is offered in combination by two popular banks. Since its creation, Kotak Life Insurance has grown impressively, and it’s now one of the most trusted in the country. More than 4 million people are insured under Kotak.

Kotak Life Insurance offers a selection of unique life insurance plans. You can even combine benefits and financial concerns, like life insurance and pension or life insurance and investments. If you need a more specialized or in-depth policy that includes additional benefits, you can find exactly what you need here.

Kotak Mahindra Life Insurance Company offers life insurance policies that include³:

ICICI Prudential Life Insurance

ICICI Prudential Life Insurance is offered by ICICI Bank, India’s largest private financial services company. And since it was first founded, this insurance company has earned recognition for its premium service and coverage. With a National Insurer Financial Strength rating of AAA and the public voting ICICI Prudential Life Insurance the Most Trusted Private Life Insurer in India, it’s a company everyone needs to consider.

From the press to the public, it’s clear that ICICI Prudential is the company that offers some of the very best policies and choices in the life insurance market. With popular plans including features and benefits like the following, it’s easy to see why ICICI Prudential Life Insurance is so well-liked⁴:

Secure Life Insurance to Protect Your Loved Ones Today

If you’re currently without life insurance, you’re putting your loved ones at risk. How would they financially support themselves without your income? Would there be any money left? For most people in India, the answers to these questions are unclear.

You need to protect your family and give yourself peace of mind with a life insurance policy. The cost of a policy isn’t expensive. For the cost of a daily cup of coffee, you could pay your life insurance premium. With the right plan, securing benefits and protection for your life doesn’t have to be out of your budget.