Top 5 General Insurance Companies in India

No matter how efficient of a planner you are, life is full of unforeseen events in which you need cash; like accidents, natural calamity, home renovations, and medical emergencies. Therefore, to make sure that your family is secured of such mishaps, you need insurance. You can think of insurance as a tool to manage the risks of life. We are living in an era where providing your family security and a safe financial plan, even when you are not around has become possible by buying an insurance policy.

There are different types of insurances available in the market, like, health insurance, bike insurance, car insurance, home insurance, and a lot more. In terms of choosing the best insurance company in India, the wisest decision is to make yourself familiar with the different insurance schemes available in the market.  Here are the top five general insurance companies in India:

  1. ICICI Lombard General Insurance Company Limited

Among all the private insurance players, there is no doubt that ICIC Lombard General Insurance Company is one of the best insurance companies that provides complete customer satisfaction. This pet company of ICICI has a stronghold in the insurance market, especially for car insurance. They offer a wide variety of other insurances, like travel insurance, home insurance, two-wheeler insurance, marine insurance, and health insurance among the others. ICICI Lombard is widely known as the brand that directs towards a customer-friendly environment.

  1. Tata AIG General Insurance Company Limited

Tata AIG is comparatively a young company which is a joint business venture between the Tata Group and the American International Group (AIG). Starting from 2001, Tata AIG General Insurance Company has provided various schemes for both personal and professional requirements all over India. This renowned insurance company helps its users buy diverse insurance policies, be it health insurance, travel insurance, accident insurance, car or bike insurance online and offline. Tata AIG has grown strongly into one of the best private general insurance company in India that provides rich policies and add on.

  1. Bharti AXA General Insurance Company Ltd.

Bharti AXA General Insurance Company began its operations in the year 2008. Known to be a reputed insurance company that caters to individual insurance requirements of customers, Bharti AXA is the joint venture between Bharti Enterprises and AXA. It provides comprehensive and innovative insurance solutions to various industries like health, motor, travel, and so much more. You can find the insurance policies online and easily purchase them. Find the right match for your insurance need with one of the best general insurance companies in India, Bharti AXA.

  1. HDFC ERGO General Insurance Company Limited

HDFC ERGO General Insurance company is admired for its cashless claim settlements for your various personal and professionals needs. Started in 2002, it has meticulously expanded its offices in 91 cities all over India with 108 branches. HDFC ERGO provides you with a vast option of insured products like motor insurance, health insurance, travel insurance, home insurance, and so forth. The general insurance company has a strong 2000+ employee base who are keen to provide inclusive insurance solutions to you according to your prerequisite. HDFC ERGO boasts itself as one of the top-notch motor insurance company in today’s market.

  1. Reliance General Insurance Company

Reliance General Insurance Company provides customized plans that cater to your individual needs concerning motor, travel, marine and health sectors. They aim at making affordable insurance accessible to all, and with this vision, they have exemplary customer service. Reliance General Insurance Company delights you with innovative products like India’s first Over-The-Counter health and home insurance policies. They have a vast customer base of individuals, company, and SME’s. Along with 139 offices across India, you can reach out to them and enjoy their services at your convenience.

The bottom line is that buying insurance is a significant investment, and you’ll want to invest wisely. The above-mentioned options will let you consider and choose from the top general insurance companies in India.

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