Top 15 Companies Which Cover Term Insurance

Top 15 Companies Which Cover Term Insurance

We provide the best Term insurance policy provider companies, where you get protection and care of your family needs when money is needed.
Last Updated: Sep 11, 2019

Term Insurance is generally a perfect protection plan that offers the required financial assistance when you need money to take care of your family needs. The term insurance will also support your family even after your death. If the individuals who have term insurance policy did not die during the policy term, then he or she will not be accountable for any LIC Term Insurance plan benefits. If you want to get the benefits, you should get assured plan immediately. You should get a LIC term plan that covers almost fifteen to twenty times your annual income, and also increase the term plan as your income increases.

In general, every individual face different risks in their life, the risk of falling sick, accident, and a victim of natural adversity like fire and especially the risk of life. These kinds of risks are not just come with suffering and pain, but they also impair financially. Life insurance policy is one of the best ways to be prepared to face the worst situation. The best term insurance plans offer the surety that the monetary part of the risk will be handled in a better way.

Here you can find some of the best Term Insurance Companies that offer the best LIC term insurance and LIC online term plans that can help you choose the best plan for yours and your family needs.

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  • Aegon Life Insurance Co.Ltd

    It is one of the best Term Insurance Companies of India, established in July 2008. Aegon Life Insurance Company has been helping millions of clients by providing the best term insurance plans and helping them to plan a better future for their beloved ones.

    Aegon is an international LIC insurance provider, and it is aligned with the largest media conglomerate company like Bennett, Coleman & Company. This insurance company is a Mumbai-based company that has been serving over thirty million customers with over 29,000 employees, and it manages assets worth 747 billion Euros.

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  • Aviva Life Insurance Co.India Ltd

    Aviva is one of the best insurance companies, and it is part f Dabur Invest Corp and UK-based Aviv Group that has been offering the best term insurance plans to Indian customers and providing different products that serves different financial needs of customers.

    Aviva India was the first Company to launch modern unitized and unit-linked with profit policies. The products that the Company introduced are the fixed term protection plans, endowment plans, including Aviva Dhanvriddhi, Aviva Money back, Aviva Danavarsha, and more. Also, it introduced Child policy that includes Aviva YSS (Young Scholar Secure), Aviva YSA (Young Scholar Advantage) and SP (Single Premium) plans.

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  • AXA Term Insurance Company

    With over 102 million customers in 56 countries and an employee base of more than 125,000, AXA is one of the worlds leading insurance groups. Its main businesses are property and casualty insurance, life insurance policies, savings, and asset management.

    In 2013, AXA obtained 51 percent of insured customers in Colombia alone, and on the same year the Company also became the leading international term insurance company in China, and it got 50 percent of acquisition from Tian Ping. The Company also obtained the non-life insurance business of HSBC in Mexico. The market capitalization for the AXA Group was 56.56 billion dollars.

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  • Bajaj Allianz

    Bajaj Allianz is one of the best and most trusted Life Insurance Companies of India, and it is also part of other term insurance companies of India. Allianz SE and Bajaj Finery Ltd joined together to form the new and the most efficient company provider.

    Both these companies have the best market value and a perfect example of expert work. Bajaj Allianz LIC Limited is a trustworthy company that most individuals trust the services and insurance policies provided by the Company.

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  • Bharti AXA

    Bharti AXA Life insurance company is a famous insurance company that has been serving Indian customers since 2006. The Company has been providing the best LIC term insurance and service to serve the individuals and help them manage different financial needs. The Company is a part of AXA Group and Bharti Enterprises, and the Company aims to help all its customers in every manner with its incredible and innovative life insurance policies.  

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  • Birla Sun Life Insurance Co.Ltd

    Birla Sun Life Insurance Company is one of the best LIC Term Insurance Companies that is providing the best life insurance policies to customers from several years. The Company is combined with Sun Life Financial Inc and Aditya Birla Group. Birla Sun Life is one of the leading companies of India, and it offers personalized products also.

    The insurance company comprises around two million policyholders, and it offers a large range of plans, including children future plan, a protection plan, health and wellness plan, and wealth with a protection plan. Also, it offers a retirement plan and saving with a protection plan. It has its network expanded over 500 cities, around 560 branches and around eighty-five thousand advisors and hundred and forty partnerships with brokers, corporate agents, and banks.

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  • AIG Insurance Company

    American International Group or AIG is one of the leading insurance companies in the United States, and it has around 80 offices in different countries. The Company was established in Shanghai in 1919 and is presently headquartered in NYC.

    Company mainly runs three divisions including, personal, commercial, and general insurance and life and retirement. Also, it operates a technology subsidiary known as Blackboard Insurance and LIC Online Term Plans.  

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  • Canara HSBC Oriental Bank of Commerce

    It is a renowned life insurance company located in India and established in the month of June 2008. The Company combined with the largest public banks such as Oriental Bank of Commerce, HSBC Insurance Holdings Ltd., and Canara Bank.

    The insurance company has specific access to around sixty-million customers and pan-India network of over 7,000 branches. Also, the insurance company has twenty-eight centers all over the country and offers required training and coaching support to the bank employees. The Company was awarded as "ET Promising Brands of 2015" by the Economic Times. It shows that the Company is the most trusted brand and proves its commitment towards its customers.

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  • Exide Life Insurance Co. Ltd

    Exide Life Insurance is one of the popular life insurance companies in India, and it was established in 2001 and headquartered in Bengaluru. The insurance company has been providing the best term insurance plans and life insurance policies to its customers for many years now. The insurance company is completely owned by Exide, which is considered as the largest electric storage industry in India.

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  • HDFC Life Insurance Co.Ltd

    HDFC is one of the largest and most popular life insurance companies founded in 2000, and since then the Company has been offering LIC term plans, LIC online term plans, etc. to its loyal customers. The Company is a part of Standard Life and HDFC Ltd., and the insurance company is offering a large range of LIC products, including personalized products as per the requirements of the customers.

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  • ING Group

    ING Dutch International Group established in 1991, and it has been providing a range of insurance policies and service including commercial, direct, retail, and asset management and investment banking insurance, and more. ING insurance company has been serving over 37 million customers in over forty different countries.

    The Company announced a partnership in 2018 with another member in the list of AXA and together, these two companies have a unique, multi-country digital joint venture to offer insurance products to online customers.

  • IDBI Federal Life Insurance Co.Ltd

    IDBI is one of the best Federal LIC company founded in 2008 since then it has been growing outstanding with innovative policies and great passion. It is a part of a commercial bank, India's premier development, Ageas multinational insurance in Europe and Federal Bank. The Company registered 27 percent growth with Rupees 1,565 crore.

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  • Life Insurance Corporation of India

    LIC or Life Insurance Corporation of India is one of the leading insurance companies in India. It is a state-owned insurance and investment company headquartered in Mumbai. It is the largest insurance company in India that has been providing the best LIC term plans and best term insurance plans to customers across India with an estimated asset worth of 2,529,390 crore rupees. The motto of the Company is "Your well-being is our responsibility," and it has over 2000 branches across India.

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  • Berkshire Hathaway

    Berkshire Hathaway is one of the best insurance company established in 1889 and connected with Warren Buffet, and it converted an average business into one of the biggest companies in the world.

    Now, Berkshire Hathaway is one of the leading insurance companies that have been offering the best life insurance policies to customers and offering insurance for other sectors like finance, rail transportation, energy, utilities, retail, and manufacturing through its subsidiaries. Berkshire Hathaway provides principal insurance and also reinsurance of casualty risks and property.

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  • MetLife Insurance Company

    MetLife is one of the well-known insurance companies in the United States, and it has been serving over 90 million customers in over sixty countries. The insurance company has a market capitalization of 44.65 billion dollars. MetLife is one of the largest insurance companies in the world, and it also offers services in annuities and employment benefits.

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