The main dominating company in life insurance in India was the Life insurance Company of India, but in the recent years many new companies have entered into the market. The main reason as to why many people take up life insurance policy is to provide safety and security to their dependents after their demise. We can never predict the future, but in case of any issues you can always see to that your dependents continue to live in the same way even after your death. To guarantee that your family is no way financially affected by your sudden demise you take up an insurance policy. Other than the life coverage and bonus you will also get additional tax benefits.
Some of the others who provide Life insurance in India are: