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Investment Companies

There are several insurance companies in India that offer investment plans. Investment plans are a financial tool that provides a person an opportunity to create a corpus for the future and help them fulfill their financial goals by investing their money in different schemes, funds etc. Before choosing an investment plan you should choose a company that you can fully rely on.

Top Life Insurance Companies Investment Plans

Life Insurance Company Claim settlement ratio
Bandhan Life Insurance 99.37%
Bharti Axa Life Insurance 99.05%
LIC Life Insurance 98.62%
Tata AIA Life Insurance 98.53%
Reliance Nippon Life Insurance 98.49%
Bajaj Allianz Life Insurance 98.48%
Aditya Birla Sun Life Insurance 98.04%
Aviva Life Insurance Company 98.01%
HDFC Life Insurance Company 98.01%
ICICI Prudential 97.88%
Star Union Dai-Ichi Life Insurance 95.96%
PNB Metlife Insurance 95%

Disclaimer: The list of insurers mentioned above is organized in descending order based on their respective Claim Settlement Ratios. InsuranceDekho neither endorses, rates nor recommends any specific insurer or insurance product offered by any insurer. The insurance plans included herein represent products offered by our partner insurers. For a comprehensive list of insurers operating in India, please refer to the official website of the Insurance Regulatory and Development Authority of India (IRDAI) at www.irdai.gov.in.

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Enjoy Life Cover, Assured Returns And Wealth Creation at Best Premium
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**Tax benefits are subject to changes in Income Tax Act.

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Best Investment Plans

Info

It is a form of investment which gives you guaranteed returns mentioned while investing along with life coverage.

  • You Invest

    1 Lakh p.a.
    10 years
  • You GET Tax Free

    27.3 Lakh
    20 years
  • You Invest

    1 Lakh p.a.
    10 years
  • You GET Tax Free

    27.1 Lakh
    20 years

Life Insurance Companies offering Investment Plans In India

With increasing market competition, it is best to research and compare top investment companies in India before investing. When it comes to investment, there are a lot of investment avenues available. The key to building wealth is to invest in companies that offer sizable returns. One such investment option is life insurance which enables investors to choose from various plans based on their risk appetite, investment goal, investment tenure, etc. An investor can choose to invest in various investment plans such as endowment plans, unit-linked insurance plans (ULIP), retirement plans, and money-back plans. Life insurance products offer you a great opportunity to invest while also protecting your and your family’s financial future. You can choose to invest in stock markets with ULIP plans or choose to play it safe by investing in guaranteed plans such as endowment, money back, etc.

There are over 24+ life insurance companies in India that offer comprehensive investment solutions to help policyholders build a secured financial future.

It is not always easy for an investor to find the right investment option that offers great returns on investment whilst balancing the risk component as well. Every investor wants to invest in the best life insurance policy that can help them get maximum returns within a specific tenure at minimal risk. The many benefits of investing in top investment companies in life insurance include protection against life’s uncertainties, guaranteed returns, peace of mind, and saving on income tax as well.

Before investing in any life insurance plan, an investor evaluates the company based on its market performance, customer service, plans offered, type of returns, investment horizon, risk involved, etc. If you are looking to invest in life insurance plans that offer great returns, then here are a few companies and plans you can choose from.

Here is a list of the best life insurance companies offering investment options in India that can help you maximize your savings and create a strong financial future for you and your family.

Life Insurance Companies Investment Plans

PNB Metlife Insurance

Established in the year 2001, PNB Metlife Insurance is one of the leading insurance companies in India offering life insurance solutions for family care, child care, long-term savings, retirement, etc. The company has over 206 million customers who they have helped fulfill their financial and personal goals. With a presence of over 15000+ locations, PNB Metlife offers you complete transparency and end-to-end guidance.

TATA AIA Life Insurance

Tata AIA Life Insurance is a leading life insurance company in India. The company is a joint venture between Tata Sons and AIA Group. On a mission to provide the best health and life insurance solution, the life insurer provides a wide range of plans that enable people to fulfill their dreams and live a financially secure life. The company has protected 68,90,781 families so far and also has a high claim settlement ratio of 98.53%

ICICI Prudential

ICICI Prudential is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. The company started its operation in the year 2001, offering term insurance, ULIP, savings, and retirement plans. In 2017, the company became the first life insurer in India to list on NSE and BSE. Keeping customers first, and demonstrating passion, humility, and integrity are the core values of this life insurance company.

Bandhan Life Insurance

Having started its operation in India in the year 2008, Bandhan Life Insurance has emerged as one of the top life insurance providers in the country. The company has launched an array of term insurance, savings, and investment plans that help customers fulfill their financial goals and lead a financially secure life. The company has excellent customer service and a multiple distribution strategy.

Bharti Axa Life Insurance

Headquartered in Mumbai, Bharti Axa Life Insurance is a joint venture between Axa and Bharti Enterprises. The company has 123+ offices in India and offers life insurance plans that help you achieve your goals, create wealth, secure your child's future, and retire early. The company offers an array of savings, investment, and term insurance plans.

Aditya Birla Sun Life Insurance

Aditya Birla Sun Life Insurance is a joint venture between Aditya Birla Group and Sun Financial Inc established in the year 2001. The company has over 600+ branches in over 500+ cities in India. The company has been in the business of protecting a secure future for over 20+ years now. The company offers you a wide range of life insurance solutions in the form of term insurance, critical illness insurance, endowment plans, money-back plans, ULIP, etc.

Aviva Life Insurance Company

Aviva Life Insurance Company is a joint venture between Dabur Group and Aviva. This life insurance company offers plans that help its customers protect what's important to them and enable them to live with confidence. The core values of the company are its commitment to its customers, care, and confidence. In the year 2022, Aviva Life was ranked as India's most trusted life insurance brand.

Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv Limited and European Financial Services Company, Allianz SE established in the year 2001. The company helps its customers cater to their life insurance requirements by offering a range of term insurance plans, savings plans, investment plans, ULIP plans, and retirement plans. The company is also involved in the general insurance business offering motor and health insurance.

Star Union Dai-Ichi Life Insurance

Started in the year 2009, Star Union Dai-Ichi Life Insurance is a joint venture between Bank of India and Union Bank of India and Dai-Ichi Life Holdings, a Japan-based life insurance company. The company caters to 9.2 million customers and has over 15,000 network bank branches in India. The company is committed to providing long-term care to its customers for which it offers a varied range of protection plans, savings plans, wealth plans, and child plans.

Reliance Nippon Life Insurance

Reliance Nippon Life Insurance is a leading private life insurance company in India having over 10 million policyholders and a strong distribution network of 713 branches and 46,538 advisors. As per Brand Equity‘s Most Trusted Brands Survey 2018, the company is rated to be among the top 3 most trusted life insurance service brands. With this life insurer, you can choose from various life insurance plans such as term insurance, ULIP, child plan, retirement plan, etc.

LIC Life Insurance

LIC Life Insurance is an Indian public sector insurance company headquartered in Mumbai. The company operates under the ownership of the Ministry of Finance and was established in the year 1956. It is one of the oldest and trusted life insurers in India. Over 245 insurance companies and provident societies were merged to create LIC. The company offers various life insurance plans including money back, pension, ULIPs, etc.

HDFC Life Insurance Company

HDFC Life Insurance Company is a joint venture between Housing Development Financial Corporation Limited and Standard Life Plus established in the year 2000. To cater to various life insurance requirements of the customers, the company offers different types of savings plans, investment plans, child plans, group insurance plans, term insurance, etc.

Best Life Insurance Investment Plans in India

Investment Plan Plan Type Entry Age Maximum Maturity Age Policy Term Fund Options
Axis Max LIFE Assured Wealth Plan Savings 91days-65 years 70 years 20 years NA
Axis Max Life Fast Track Super ULIP 18-65 years 85 years 5 years 6
Bajaj Allianz Fortune Gain ULIP 1-63 years 70 years 7-30 years 7
Bajaj Allianz Retire Rich ULIP Pension Plan 30-73 years 80 years 7-30 years 3
Bajaj Future Gain ULIP 1-60 years 70 years 10-25 years 7
HDFC Life Click 2 Wealth ULIP 0-65 years 99 years 10-40 years 11
HDFC Life Pro Growth Plus ULIP 0-60 years 75 years 10-30 years 10
ICICI Pru Smart Life ULIP 20-24 years 20-64 years 10-25 years 8
PNB Metlife Money Back Money Back 13-55 years 65 years 10 years NA
TATA AIA Wealth Maxima ULIP 30 days-60 years 100 years 100 minus age at entry 11

Investment Plan Plan Type Entry Age Maximum Maturity Age Policy Term Fund Options
Axis MAX LIFE Assured Wealth Plan Savings 91days-65 years 70 years 20 years NA
Axis MAX Online savings plan ULIP 18-54 years 85 years 5-85 years NA
Axis MAX Smart Wealth Plans Savings 91-65 years 18-74 years 16 years NA
Bajaj Allianz Fortune Gain ULIP 1-63 years 70 years 7-30 years 7
Bajaj Allianz Retire Rich ULIP Pension Plan 30-73 years 80 years 7-30 years 3
Bajaj Future Gain ULIP 1-60 years 70 years 10-25 years 7
Bajaj POS Goal Suraksha Savings 18-55 years 28-65 years 10-15 years NA
HDFC Click to Invest ULIP 0-65 years 18-75 years 5-20 years NA
HDFC Life Click 2 Wealth ULIP 0-65 years 99 years 10-40 years 11
HDFC Life Pro Growth Plus ULIP 0-60 years 75 years 10-30 years 10
HDFC Life Sanchay Fixed Maturity Plan Savings 90 days-70 years 18-90 years 40 years NA
HDFC Life Sanchay Plus Savings 5-60 years 18-71 years 6-13 years NA
HDFC Sanchay Par Savings 30 days-60 years 100 years 100 years or 25-40 years NA
ICICI Guaranteed Income for Tomorrow
18-60 years 18-71 years 11 years NA
ICICI Pru Smart Life ULIP 20-24 years 20-64 years 10-25 years 8
ICICI Signature Savings cum ULIP 0-60 years 18-99 years 10-30 years NA
MaxLife Fast Track Super ULIP 18-65 years 85 years 5 years 6
PNB Guaranteed Future Plan Endowment 30 days-60 years 80 years 12-35 years NA
PNB Metlife Money Back Money Back 13-55 years 65 years 10 years NA
TATA AIA Wealth Maxima ULIP 30 days-60 years 100 years 100 minus age at entry 11
TATA Fortune Guarantee Plus Savings 5-60 years 65 years 10 years NA

Disclaimer: The list is organized in alphabetical order based on the names of standalone insurers. InsuranceDekho neither endorses, rates nor recommends any specific insurer or insurance product offered by any insurer. The insurance plans included herein represent products offered by our partner insurers. For a comprehensive list of insurers operating in India, please refer to the official website of the Insurance Regulatory and Development Authority of India (IRDAI) at www.irdai.gov.in.

Investment Insurance Companies User Reviews

What users are saying
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FAQ About Investment Companies

  • What are the factors that I should consider when investing in top life insurance investment companies in India?

    When investing in best investment companies in India, check on the below factors:

    • Check on your risk tolerance
    • Your income
    • Consider your future expenses
    • Your investment goal
    • Company’s claim settlement ratio
  • What is the tax benefit I can get on life insurance investment?

    Life insurance as an investment offers you tax benefits up to Rs. 1.5 lakh under section 80C of the Income Tax Act, 1961.

  • Under ULIP as an investment, which types of funds can I choose to invest in?

    With ULIP investment, 50% of the premium paid goes towards insurance coverage, whereas the remaining 50% can be invested in markets in various fund options such as equity funds, debt funds, liquid funds, cash funds, etc. based on your risk capacity.

  • Which are the top 3 life insurance investment companies in India?

    The top 3 life insurance investment companies in India are LIC, Aegon Life Insurance and Bharti Axa Life Insurance

  • When can I start investing in life insurance investment companies in India?

    It is best to start investing as early as possible after you cross 18 years of age as the longer you stay invested, the maximum returns you gain.

  • Which are other investment options in India apart from life insurance?

    Apart from life insurance, you can choose to invest in various investment options such as mutual funds, stock market, PPF, gold, real estate, etc.

  • How does life insurance investment help?

    Life insurance is a great investment tool as it helps you with wealth creation as well as the opportunity to protect your family’s future in case of your unfortunate demise at any time during the policy’s term. It gives you peace of mind, assuring you that your family would be taken care of in your absence. You get income tax benefits and additionally an opportunity to invest in markets based on your risk tolerance.

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