Buy Life Insurance Policy Best General Insurance Company 2021

By | March 28
Buy Life Insurance Policy Best General Insurance Company 2021 Medi-classic Insurance Policy (Individual). A favourite insurance plan with family package Insurance Renewal In its bid to cut expenses, the Insurance Council has started appointing retired staffers at ombudsman centers to replace its existing workforce comprising officials on deputation.The council, that facilitates functioning of 17 insurance ombudsman centers and employs 120 people, has already appointed 23 retired officials from state-owned non-life insurance companies.Now, it will begin appointing staff from life insurance sector as well as it seeks to almost halve its establishment costs over the next two-three years.A decision to this effect was taken by the council during a recent meeting held here.”Our establishment cost currently stands at around Rs 27 crore per annum. In case our plan to appoint retired insurance officials at the ombudsman centres is implemented successfully, then this cost is all set to come down by almost half,” the council’s Secretary General Ramma Bhasin told PTI.
1 | New India Assurance Company Limited
Corporate office – Mumbai, Maharashtra | Establishment – 1919 |
Business – General Assurance ||
New India Assurance Company Limited is an Indian Government owned general Insurance company. The company has a network of 1600 offices and over 19000 employees and has presence in more than 22 countries worldwide. It offers a wide range of general insurance products including cover for oil & energy industries, Petrochemical, power & steel plants, satellites, aviation fleets, SMEs and almost all the commercial sector.
2 | National Insurance Company Limited
Corporate office – Kolkata, West Bengal | Establishment – 1906 |
Business – Financial services ||
National Insurance Company Limited, established in 1906 and it is the oldest among the general insurance companies in India. The Insurance giant is based at Kolkata and has a workforce of over 15000 working across 1340 offices located all across the country. Being the only PSU non life insurance, company has won the Best Auto Insurer award.
General Insurance Company 2020
3 | The Oriental Insurance Company Limited
Corporate office – New Delhi, India | Establishment – 1947 |
Business – General Insurance ||
Held by the Central Government of India, the Oriental Insurance Company Limited was incorporated in the year 1947. Headquartered in New Delhi, Oriental Insurance is an expert in providing cover for steel, chemical plants, petrochemical and power plants projects and also meets the insurance cover needs of the rural and urban population.
6. Royal Sundaram Alliance Insurance Company A general insurance company in India Ownership: Royal Sundaram Alliance Insurance Company Limited Partnership: Sundaram Finance (AAA), India and RSA (Royal & Sun Alliance Insurance), UK The company became the first private insurer in the country to be licensed post privatisation in 2001
Headquarter: Chennai, India

Buy Life Insurance Policy Best General Insurance Company 2020

7. Reliance General Insurance Company

General Insurance Company 2021 Reliance A private general insurance company
Ownership: Reliance General Insurance Company Limited (Reliance General Insurance Company Limited is a division of Reliance Capital, which is a part of the Reliance Anil Dhirubhai Ambani Group)
Reliance General Insurance Company Limited is a First insurance company in India to be awarded the ISO 9001:2000 certification across all functions, processes, products and locations pan-India.
Headquarter: Mumbai, India
8. IFFCO Tokio General Insurance A general insurance company
Ownership: IFFCO-Tokio General Insurance (ITGI) Company
Partnership: Indian Farmers Fertilizer Co-operative (IFFCO) and its associates, India and Tokio Marine and Nichido Fire Group, Japan
Founded in: Dec 4th 2000
It has 100%-self owned distribution channel called IFFCO-TOKIO Insurance Service Ltd. (ITIS), for servicing its retail customers.

Buy Life Insurance Policy Best General Insurance Company 2021 9. ICICI Lombard

General Insurance Company Buy Life Insurance A private player in General Insurance needs
Ownership: ICICI Lombard General Insurance Co. Ltd.
Partnership: ICICI Bank Ltd., India and Fairfax Financial Holdings Ltd., Canada
Founded in: August 2001
Headquarter: Mumbai, India
Certification: ISO 9001:2000 and iAAA rating by ICRA indicating the highest claims paying ability
Recognition: ‘General Insurance Company of the Year’ (2007), NDTV Profit Business Leadership Awards 2007, etc.
General Insurance Company 2020 denizens of a developing country, we are prone to abundant health risks despite thorough diligence to maintain a healthy lifestyle. Add to this the constant rise in medical inflation each year, investment in medical insurance becomes indispensable. But given the availability of a plethora of health insurance plans in India, choosing the one most appropriate for your family and yourself can be a strenuous task. Ranging from Individual Plans, Family Floaters, Maternity Insurance Plans, personal accident covers, critical illness insurance plans, and group insurance plans to senior citizen plans, Buy Life Insurance medical insurance companies in India provide several all-inclusive and comprehensive plans and policies. The onus of making thorough market research and selecting the best health insurance policy in India is always on you.

Leave a Reply

Your email address will not be published. Required fields are marked *