Top 10 Life Insurance Companies In Kolkata, West Bengal 2024

Updated On: 2023-04-12

Author : Team Policybachat

Life Insurance is one of the most important aspects for every Indian. The life expectancy in India has decreased significantly; as a result, people can’t live longer than before. For this reason, there has been an increase in the demand for Life Insurance products and services.

Life insurance is a contract between an individual and an insurance company, where the company agrees to pay a pre-determined sum of money to the insured individual or their beneficiary in the event of death.

There are several factors that you should consider when choosing an insurance provider for your life needs. This article will provide you with some helpful tips on how to choose the best life insurance provider for you and your loved ones. Here we also tell about the Top 10 Life insurance Companies in Kolkata, West Bengal.

Top 10 Life insurance Companies in Kolkata, West Bengal

Life insurance is a financial product that helps protect you and your loved ones when the unexpected happens. The life insurance industry has been growing at a rapid rate in India, which has led to an increase in the number of companies providing life insurance products. The top 10 life insurance companies in Kolkata, West Bengal are:

  1. Exide Life Insurance
  2. Kotak Mahindra Life Insurance
  3. Reliance Nippon Life Insurance
  4. PNB MetLife Insurance
  5. Max Life Insurance
  6. AEGON Life Insurance
  7. Bharti AXA Life Insurance
  8. Bajaj Allianz Life Insurance
  9. HDFC Life Insurance
  10. Pramerica Life Insurance

Exide Life Insurance Company

Exide Life Insurance is one of the Top 10 Most trusted companies in India. It was formerly known as ING Vysya Life Insurance Company. It is a non-government and commercial life insurance company headquartered in Bengaluru. The Exide Insurance Company is owned by Exide Industries Limited and serves over 15 lakh customers. The Company is focused on providing long-term protection and savings solution plans and has a strong traditional product portfolio with a consistent bonus track record in the insurance sector. The company steps beyond life insurance and provides need-based life insurance solutions.

Kotak Mahindra Life Insurance Company

Kotak Mahindra Life insurance company limited is one of India's best and fastest-growing insurance companies. It is a joint venture between Kotak Mahindra Bank Limited and Old Mutual Limited, a pan-African investment, savings insurance, and banking group operating. It provides an extensive range of financial products to meet both corporate and individual investment needs. Kotak life insurance secures your future and makes sure that all your investments keep giving you profitable returns. Kotak Life Insurance Company provides a wide range of affordable Life Insurance Policies.

Reliance Nippon Life Insurance Company

Reliance Nippon Life Insurance Company Limited is one of India's leading private-sector life insurance companies. Reliance Nippon Life Insurance Company is an important part of Reliance Capital, private-sector financial services, and Non-banking companies. Reliance Capital has diversified businesses in insurance of all kinds, asset management, mutual funds, commercial finance, and other financial services. Reliance Life has various life insurance plans that offer tailor-made plans per the customers’ requirements.

PNB MetLife Insurance Company

PNB MetLife India Insurance Company Limited is one of the major life insurers in India. PNB MetLife is a collaboration between MetLife International Holdings Inc., Punjab National Bank Limited, Jammu and Kashmir Bank Limited, M.Pallonji and Company Private Limited, and other private investors. This company offers a wide range of products for individuals and groups. It is a one-step solution toward a safe future for you and your loved ones.

Max Life Insurance Company

Max Life Insurance is a leading insurance company in India. It was founded in the year 2000 and it is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi-business corporation. The company offers life insurance plans for both individuals and families. The company’s insurance plans help its customers to protect their families from financial risk. Max Life Insurance also provides financial solutions to its customers by offering loans, investments, and retirement solutions.

AEGON Life Insurance Company

AEGON Life Insurance Company in India is one of the largest private life insurance companies in India. The company offers life insurance coverage to individuals and families. AEGON Life insurance was launched together with AEGON N. V, an international provider of life insurance, pensions, and asset management, and Bennett Coleman & Company, India's largest media conjunction popularly known as the Times Group.

Bharti AXA Life Insurance Company

Bharti AXA Life Insurance Company is a leading life insurance company in India. Bharti AXA Life Insurance Company is a joint venture between Bharti Enterprises and the AXA Group, a multinational investment banking firm and financial expertise headquartered in Paris. The company protects its customers against life's uncertainties through various products such as life insurance, term, and group plans.

Bajaj Allianz Life Insurance Company

Bajaj Allianz Life Insurance Company is one of the best life insurance companies. Bajaj Allianz Life insurance is a joint venture between Bajaj Finserv Limited owned by Bajaj Group of India and Allianz SE, a European Financial Services company. It offers insurance products to individuals, families, and groups. The Company offers a wide variety of life insurance products that serve different sections of society.

HDFC Life Insurance Company

HDFC Life Insurance Company is a standard life insurance company supporter of housing development Finance Corporation Limited. It is a joint venture between HDFC Ltd and standard life Aberdeen, a global investment company. HDFC life insurance provides innovative and customer-centric insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. It offers a wide range of individual and group insurance solutions that meet various customer needs.

Pramerica Life Insurance Company

Pramerica Life Insurance Limited erstwhile DHFL Pramerica Life Insurance Company Limited is headquartered in Gurugram. Pramerica Life Insurance is a joint venture between DHFL Investments Limited, a wholly-owned subsidiary of Dewan Housing Finance Corporation Ltd. (DHFL) Prudential International Insurance Holdings. The company provides a wide range of life insurance solutions for individuals as well as groups. Pramerica life insurance Company’s target is to provide affordable, efficient, and effective life insurance life cover.

Benefits offered by Top 10 Life Insurance Companies in Kolkata

Life Insurance Company Benefits offered
Exide Life Insurance
  • Wide Range of Products
  • Affordable Premiums
  • Customized Premium
  • Payment Options
  • Customer-Friendly Procedures
  • Excellent Customer Services
  • Tax Benefits
Buy Now
Kotak Mahindra Life Insurance
  • Wide Range of Products
  • High Coverage At Low Premiums
  • Easy Policy issuance
  • Long-Term Coverage
  • Tax Benefits
Buy Now
Reliance Nippon Life Insurance
  • Affordable Premiums
  • Multiple Premium Payment Frequencies
  • Multiple Add-On Covers
  • Variety of  Products
  • Tax Benefits
  • Customized Protection
Buy Now
PNB MetLife Insurance
  • Affordable Premiums
  • Multiple Add-On Covers
  • Wide Range of Products
  • Return of Premiums
  • Flexible Tenure
  • Tax Benefits
Buy Now
Max Life Insurance
  • Affordable premium
  • Easy Policy issuance
  • Tax Benefit
  • Financial Security
  • Customizable payouts
  • Long Cover Duration
Buy Now
AEGON Life Insurance
  • Investment Benefits
  • Variety of Products
  • Savings & Loan Facilities
  • Wealth Creation & No Risks
  • Tax Benefits
Buy Now
Bharti AXA Life Insurance
  • Variety of Plans
  • Tax Benefits
  • Flexibility in Payouts
  • Cost Effective
  • Long-Term Coverage
Buy Now
Bajaj Allianz Life Insurance
  • High Life coverage
  • Affordable premium
  • Easy Policy issuance
  • pay off Liabilities
  • Flexibility in Premium Payment
  • Return of Premium option
Buy Now
HDFC Life Insurance
  • Long-Term Coverage
  • Variety of Products
  • Hassle-Free Claim Settlement
  • Affordable products
  • Tax Benefits
Buy Now
Pramerica Life Insurance
  • Long-Term Coverage
  • Affordable Premiums
  • Excellent Customer Services
  • Wide Range of Products
  • Tax Benefits
  • Return of Premiums
Buy Now

Factors to Consider When Choosing a Life Insurance Company

Choosing the right life insurance company can be confusing because there are so many options available. But if you take some time to research your choices, it will be easier to find the right policy for you and your family's needs.

Life insurance is a type of insurance that helps provide financial protection for your family in the event of your death. There are many different types of life insurance policies with different features and benefits, so you need to carefully consider the type of policy that best suits your needs.

There are many factors to consider when choosing a life insurance company. The first thing you should do is determine what kind of coverage you need and how much coverage you want. You will also want to compare the costs, benefits, and features offered by different companies before making a decision on which company to choose. The following factors can help you make your decision easier:

  • Your Age
  • Your Income
  • Dependents
  • Health Condition
  • Location
  • Premiums Amount
  • Company Reputation
  • Customer service
  • Complaints and customer reviews
  • Claims handling process
  • Company financial strength
  • Company longevity, etc.

How to Buy Life Insurance Online from Right Insurer

How to buy life insurance online is a question that many people ask. With the help of an online insurance web aggregator, you can find the right life insurance plan for you. The first step to buying life insurance online is to determine your needs and wants. You need to know how much coverage you will need and how long you want coverage for. Then compare different quotes so, you will have a better idea of which type of life insurance policy will be best for you.
The best life insurance quotes in Kolkata can be found online at PolicyBachat. We are providing the top 10 best life insurance companies in Kolkata based on the claim settlement ratio and the services and premium rates they provide.  To purchase the best life insurance policy from the best life insurance company follow the below steps.

  • Visit PolicyBachat Website.
  • Provide the required information such as name, date of birth, etc.
  • Compare premium costs from the list of top companies they provided
  • Select the plan which suits your requirement
  • Make payment via online payments.


It is important to know about the best life insurance company in Kolkata. Many companies are providing life insurance policies. But only a few of them are worth investing in. It is necessary to find out all the details about the company before investing in it. We have listed the top 10 life insurance companies in Kolkata. We also recommend you go through all the providers based on their affordability, strong financial standing, and positive customer service ratings. Check out our competitive rates now by comparing life insurance quotes!

Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Leave a rating!

0.0 (0 votes)

Please wait while your request is being processed.