Human life is priceless and no amount of money can be equated with it. Any individual with a family should buy life insurance to ensure that his family has financial support during times of crisis, to finance future requirements like children's education etc., and also to have a backup savings plan.
Individuals can choose from a wide range of insurance companies providing varied types of life insurance plans in Ahmedabad.
All major insurance companies have their presence in Ahmedabad and they offer excellent life insurance schemes including savings plans, protection plans, ULIPs, child plans, investment plans and pension plans.
Policyholders in Ahmedabad can pay their premiums through companies’ respective premium collection centers or online.
Top Life Insurance Companies in Ahmedabad
- Life Insurance Corporation of India (LIC) is the largest insurance firm in the country and has a strong presence in Ahmedabad with 34 branches set up across the city. LIC alone records almost 70% of the premium paid in the country due to its widespread reach and great policies.
- Reliance Life Insurance has 7 branches in Ahmedabad and offers a wide variety of life insurance plans. The high density of branches in the city makes it a good option for prospective customers.
- SBI Life Insurance has a significant presence in Ahmedabad with around 6 branches providing life insurance services. A public-sector holding, SBI offers a good range of products and competitive premium rates.
- ICICI Prudential Life Insurance provides comprehensive life insurance coverage with 4 branches spread throughout the city. It is also the largest private-sector insurance company in the country.
- Bharti Axa Life Insurance with its 5 offices in Ahmedabad, is among the larger insurance firms in the country and Ahmedabad.
- Max Life Insurance is an established private insurance firm operating throughout the country. Max Life is based out if Gurgaon, and has 5 offices located in Ahmedabad. There are over 3 million people using life insurance policies from Max Life, taking it into top 10 among Indian insurance firms.
- Birla Sun Life Insurance operates as the insurance segment of Aditya Birla Financial Services Group. There are 3 Birla Sun Life Insurance branches presently functional in Ahmedabad.
- Tata AIG Life Insurance has operations in Ahmedabad, reaching out to customers through its 3 branches located in and around the city.
- Kotak Mahindra Life Insurance is another leading company in Ahmedabad with its varied policy and interest rates. It successfully services clients through its 2 branches in the city.
- Aviva Life Insurance has a wide network of 121 branches across the country, including 2 in Ahmedabad.
Ahmedabad also plays host to various other Insurance companies providing affordable life insurance schemes. The companies located across the city are Bajaj Allianz Life, Aegon Religare Life, HDFC Standard Life, Future Generali Life, IDBI Federal Life, Sahara India Life, Star Union Daiichi Life Insurance, Shriram Life Insurance, United India Insurance, Metlife India Insurance, DLF Pramerica Life, Canara HSBC Life, and Exide Life.
Buying Life Insurance at BankBazaar
BankBazaar is your one-stop solution for all insurance and banking needs. Through a set of simple steps, users can get recommendations about the best suited life insurance plans for them. And that’s not all, they can also compare plans to find the most customized solution to meet individual needs.
Users can make use of the EMI calculator to find the amount they have to pay monthly to respective banks or insurance firms. The site also features a dedicated section on life insurance policies from the various national level providers, giving prospective customers an inside perspective of what to expect from their insurance plans.
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