List of Insurance companies that are banned from selling ULIP

Securities and Exchange Board of India (SEBI) has barred 14 private insurance companies from selling Unit Linked Insurance Products (ULIPs). Here is the list of those companies which are not permitted to sell ULIPs –

1. Aegon Religare Life

2. Aviva Life

3. Bajaj Allianz

4. Bharti AXA

5. Birla Sun

6. HDFC Standard

7. ICICI Prudential Life Insurance Company Limited

8. ING Vyasa Life Insurance Company Limited

9. Kotak Mahindra

10. Max New York

11. Metlife

12. Reliance

13. SBI

14. TATA AIG

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