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  2. Insurance in India - Wikipedia

    en.wikipedia.org/wiki/Insurance_in_India

    Insurance in India covers both the public and private sector organisations. It is listed in the Constitution of India in the Seventh Schedule as a Union List subject, meaning it can only be legislated by the Central Government only. The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and ...

  3. List of insurance companies in India - Wikipedia

    en.wikipedia.org/wiki/List_of_insurance...

    Aviva Life Insurance Company India Ltd. Private Gurugram: 2002 13: Sahara India Life Insurance Co. Ltd. Private Lucknow: 2004 14: Shriram Life Insurance Co. Ltd. Private Hyderabad: 2005 15: Bharti AXA Life Insurance Co. Ltd. Private Mumbai: 2008 16: Future Generali India Life Insurance Co. Ltd. Private Mumbai: 2007 17: Ageas Federal Life ...

  4. Motor Vehicle Insurance (India) - Wikipedia

    en.wikipedia.org/.../Motor_Vehicle_Insurance_(India)

    Motor Vehicle Insurance in India protects the motor vehicle owner against (a) the loss of or damage to the vehicle due to an insured risk, loss of use, theft, etc., and (b) indemnification if the vehicle owner is liable to any third party by law. Third-party insurance is a legal requirement.

  5. Life insurance in India - Wikipedia

    en.wikipedia.org/wiki/Life_insurance_in_India

    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 [1] (worth ₹15 lakh & ₹41 lakh in 2017 prices).

  6. Life Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Life_Insurance_Corporation

    The Life Insurance Corporation of India was established on 1 September 1956, when the Parliament of India passed the Life Insurance of India Act, nationalising the insurance industry in India. Over 245 insurance companies and provident societies were merged. LIC reported 290 million policyholders as of 2019, a total life fund of ₹28.3 ...

  7. National Insurance Company - Wikipedia

    en.wikipedia.org/wiki/National_Insurance_Company

    nationalinsurance .nic .co .in. National Insurance Company Limited (NICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. It is headquartered at Kolkata and was established in 1906 by Gordhandas Dutia and Jeevan Das Dutia. National Insurance company and Asian Insurance ...

  8. Health insurance in India - Wikipedia

    en.wikipedia.org/wiki/Health_Insurance_in_India

    Policy price range: Insurance companies offer health insurance from a sum insured of ₹ 5,000 for micro-insurance policies to a higher sum insured of ₹ 5 million (US$60,000) and above. The common insurance policies for health insurance are usually available from ₹ 100,000 (US$1,200) to ₹ 500,000 (US$6,000).

  9. Unit-linked insurance plan - Wikipedia

    en.wikipedia.org/wiki/Unit-linked_insurance_plan

    A unit-linked insurance plan is essentially a combination of insurance and an investment vehicle. A portion of the premium paid by the policyholder is utilized to provide insurance coverage to the policyholder and the remaining portion is invested in equity and debt instruments. The aggregate premiums collected by the insurance company ...

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