ગુજરાતીમાં વાંચવા માટે નીચે જાવ
The cost of home insurance in India can vary depending on several factors including the value of the property, the level of coverage required and the insurance company. However, home insurance in India costs an average of Rs. can be from 3,000 to Rs. 10,000 per annum for a standard policy.
The level of coverage required can affect the cost of home insurance. For example, policies that provide higher levels of coverage for property and its contents may have higher premiums. Additionally, policies that include additional coverage options, such as coverage for high-value items or home-based businesses, may also have higher premiums.
Other factors that can affect the cost of home insurance in India include the age and condition of the property, its location and the safety features it has such as fire alarms and security systems. Some insurers may offer discounts to policyholders who have a good claim history or who have installed security features in their home.
It’s important to note that the cost of home insurance can vary significantly between different insurance companies, and it’s important to shop around and compare quotes from multiple insurance companies to find the best coverage at an affordable price. In addition, it is important to carefully review the policy’s terms and conditions before purchasing to ensure that it provides the desired level of coverage and meets individual needs.
Top insurance companies
Life Insurance Corporation of India (LIC):
Established in 1956, LIC is India’s largest insurance company, with a market share of over 70%. It offers a wide range of life insurance products including term insurance, endowment plans, money back policies, ULIPs and pension plans.
SBI Life Insurance
It is a joint venture between State Bank of India (SBI) and BNP Paribas Cardiff. It offers a range of life insurance products including term insurance, ULIPs, endowment plans and retirement plans.
HDFC Life Insurance
HDFC Life is a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Aberdeen Plc. It offers a range of life insurance products including term insurance, ULIPs, endowment plans and pension plans.
ICICI Prudential Life Insurance:
It is a joint venture between ICICI Bank and UK’s Prudential plc. It offers a range of life insurance products including term insurance, ULIPs, child plans and retirement plans.
Max Life Insurance
Max Life is a joint venture between Max Financial Services and Mitsui Sumitomo Insurance Company of Japan. It offers a range of life insurance products including term insurance, ULIPs, endowment plans and retirement plans.
Bajaj Allianz Life Insurance
It is a joint venture between Bajaj Finserv Limited and Allianz SE. It offers a range of life insurance products including term insurance, ULIPs, child plans and retirement plans.
Tata AIA Life Insurance
It is a joint venture between Tata Sons and AIA Group Limited. It offers a range of life insurance products including term insurance, ULIPs, endowment plans and retirement plans.
Kotak Mahindra Life Insurance
It is a subsidiary of Kotak Mahindra Bank. It offers a range of life insurance products including term insurance, ULIPs, endowment plans and retirement plans.
Bharti Exa Life Insurance
It is a joint venture between Bharti Enterprises and AXA. It offers a range of life insurance products including term insurance, ULIPs, child plans and retirement plans.
Reliance Nippon Life Insurance
It is a subsidiary of Reliance Capital. It offers a range of life insurance products including term insurance, ULIPs, endowment plans and pension plans.
