Insurance Business is growing rapidly in India so there are lots of Insurance Companies here. Some big insurance companies are : LIC, Tata AIG(AIG going to bankruptcy), ICICI life insurance, HDFC life insurance, Birla Sun Life insurance, Kotak Life insurance etc.
In India , prior to liberalization Insurance protection was made available through Public sector Insurance Companies, namely, Life Insurance Corporation of India (LIC) and the four subsidiaries of General Insurance Corporation of India (GIC).

Answered by Om Prakash , an ibibo Master, at 6:35 PM on September 22, 2008

Insurance India offers various Discounted insurance policies for Life Insurance India ... with us, who really understand your needs and provides insurance The Scheme provides for an insurance cover of Rs 20,000 on natural death. ... by managing marine hull pool and terrorism pool on behalf of India Insurance industryUNION HOME PLUS. Union Bank of India now provides complete protection to its home loan borrowers. Now home loans from Union Bank of India come with life insurance cover equivalent

Answered by Vipan Thapar , an ibibo Master, at 2:58 PM on September 22, 2008

Many company provide insurance in india. Some are given below-

Reliance Life Insurance
Life Insurance corporation of india
Aviva India
Max New York Life Insurance
Bharti AXA Life Insurance India
Sahara Life Insurance
Metlife India Insurance Company Pvt. Ltd.
ICICI Prudential

Answered by Nagendra , an ibibo Master, at 7:10 PM on September 20, 2008