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'''Life insurance''' is one of the growing sectors in [[India]] since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859<ref><br />
[http://www.epw.in/system/files/pdf/1949_1/2/insurance_in_1955.pdf Mean risk per policy of Indian life insurers was ₹2,950 in 1955]</ref> (worth ₹15 lakh & ₹41 lakh in 2017 prices). Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956. All private [[life insurance]] companies at that time were taken over by LIC. In 1993, the [[Government of India]] appointed RN Malhotra Committee to lay down a road map for privatisation of the life insurance sector.<ref>{{cite web |url=http://www.coi.org.in/COI_WebPortal/cmc/particluarBookInfo?bookId=14 |publisher=coi.org.in|title=COI}}</ref><br />
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==Types of life insurance in India==<br />
*[[Unit-linked insurance plan]] <br />
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== Companies ==<br />
Below are the list of life insurance companies in India:<ref>{{cite news |title=IRDA - Registered Insurers - Life |url=https://www.policyholder.gov.in/registered_insurers_life.aspx |accessdate=15 September 2020 |work=www.policyholder.gov.in |publisher=IRDA}}</ref><br />
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* [[Life Insurance Corporation of India]]<br />
* [[HDFC Life]]<br />
* [[ICICI Prudential|ICICI Prudential Life Insurance]] <br />
* [[Bajaj Allianz Life Insurance|Bajaj Life Insurance]]<br />
* [[Kotak Life Insurance]]<br />
* [[SBI Life Insurance Company]]<br />
* [[Max Life Insurance|Axis Max Life Insurance]]<br />
* [[Reliance Life Insurance]]<br />
* [[Canara HSBC Life Insurance]]<br />
* [[Aviva India]]<br />
* [[Bandhan_Life]]<br />
* PNB MetLife India Insurance Company<br />
* Bharti AXA Life Insurance Co. Ltd.<br />
* Aditya Birla Sun Life Insurance Co. Ltd.<br />
* [[Pramerica Life Insurance Limited|Pramerica Life Insurance Co. Ltd.]]<br />
* Edelweiss Life Insurance Co. Ltd<br />
* Future Generali India Life Insurance Co. Ltd.<br />
* Sahara India Life Insurance Co. Ltd.<br />
* Shriram Life Insurance Co. Ltd.<br />
* [[Star Union Dai-ichi Life Insurance]]<br />
* [[Tata AIA Life|Tata AIA Life Insurance Co. Ltd.]]<br />
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==References==<br />
{{Reflist}}<br />
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== Further reading ==<br />
{{refbegin}}<br />
* {{cite book|url=https://books.google.com/books?id=KazPDQAAQBAJ|title=The Life Insurance Industry in India: Current State and Efficiency|first1 =Tapas | last1 = Parida |first2=Debashish |last2=Acharya |date=30 April 2018|publisher=Springer|isbn=978-981-10-2233-3}}<br />
* {{cite book|url=https://books.google.com/books?id=qwH2OwAACAAJ|title=Life Insurance In India: Opportunities, Challenges and Strategic Perspective|first =H |last = Sadhak|date=2009|publisher=SAGE Publications|isbn=9788178298467}}<br />
{{refend}}<br />
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{{Insurance in India}}<br />
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[[Category:Life insurance in India| ]]</div>PQRS1