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Press background on Max Life Insurance Co. Ltd.
Company profile
Max Life Insurance, one of the leading life insurers, is a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max Financial Services Ltd. is part of the Max Group, which is a leading Indian multi-business corporation, while Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group, which is amongst the leading insurers in the world. Max Life Insurance offers comprehensive life insurance solutions for long term savings, protection and retirement through its high quality agency distribution and multi-channel distribution partners. A financially stable company with a strong track record over the last 17 years, Max Life Insurance offers superior investment expertise. Max Life Insurance has the vision 'To be the most admired life insurance company by securing the financial future of our customers'. Max Life has a strong customer-centric approach focused on advice-based sales and quality service delivered through its superior human capital.
 Recent press releases
Max Life Insurance Donates 8500 COVID Care Kits to Gurugram Police Department, Ensures Frontline Protection for the Entire Police Workforce in the City

Donation is a part of the PEHAL initiative to support the fight against the COVID-19 pandemic
Max Life has earlier supported the cause with donations including COVID Safety Kits, Food Supplies, and others  
 
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Max Life Enables UPI AUTOPAY for Seamless Premium Payments

Max Life Insurance Company Ltd. (“Max Life”/“Company”), has announced the enablement of UPI AUTOPAY for seamless and secure premium payments for its customers. Customers visiting the Max Life website for new purchases or renewal payments can now use the UPI payment option an... (more)
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Max Life and Policybazaar Come Together to Enhance Homemakers' Financial Protection with Independent Term Insurance Policy

Max Life Insurance Co. Ltd. (“Max Life”/ “Company”), announces protection offering for Indian homemakers by extending its Max Life Smart Secure Plus Plan* (UIN: 104N118V02), a Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan, as an independe... (more)
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Max Life Insurance Achieves Claims Paid Ratio of 99.35%

Paid 19,922 death claims worth INR 885.57 crores during the Financial Year 2020-211
 
Max Life Insurance Co. Ltd (“Max Life”/“Company”), today announced that it has paid 19,922 death claims worth INR 885.57 crore during the Financial Year 2020-21, resu... (more)
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Max Life Insurance Enhances 'Buy Now, Pay at Approval' Feature for Term Insurance Purchase, Ensuring Hassle-free Digital Customer Journeys

Strengthening its commitment towards superior customer servicing, Max Life Insurance Company Ltd. (“Max Life” / “Company”) has enhanced the ‘Buy Now – Pay at Approval’ feature available on term insurance purchase for customers. Launched last year ... (more)
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Max Life Insurance Launches 'Max Life Smart Wealth Income Plan', a Comprehensive Life Insurance Savings Plan with Long Term Income Options Including Whole Life Income

A comprehensive life insurance savings plan offering a life-long income stream among others  
Three plan options to build your secondary income stream
Option to accrue survival benefits and avail of them as per need
Choice of income period including whole-life i... (more)
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Max Life Adopts the Account Aggregator System; Aims to Provide Frictionless Financial underwriting to Customers

Becomes the first life insurer to adopt the Account Aggregator system
Partners with FinVu and Finarkein to securely access pre-approved customers’ financial information for underwriting
 
Max Life Insurance Co. Ltd. (“Max Life” / “Company&rdq... (more)
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Max Life Delivers Superior Customer Services During COVID-19 with its Unique 'Speed Dial Partner for Life' Program

Max Life Insurance Co. Ltd. (“Max Life”/ “Company”), has delivered superior customer connect during COVID-19 pandemic with its unique ‘Speed Dial Partner for Life’ initiative. Launched in the last fiscal year as an industry-first, under the Speed Dial Partner for... (more)
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Max Life Partners with BillDesk to Enable Safe and Secure E-mandate for Premium Payments

Max Life Insurance Company Ltd. (“Max Life” / “Company”), has enabled a safe and secure E-mandate process on premium payments for its customers in partnership with BillDesk, a payment gateway solutions provider. With this, Max Life becomes the first life insurer to extend th... (more)
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Max Life Insurance Re-imagines Training for New-age Agent Advisors with 'Max Life Ace Talk'

Max Life Insurance Company Ltd. (“Max Life” / “Company”), launches a new training transformation program for its agency channel with the unique ‘Max Life Ace Talk’ initiative. The talk series aims to showcase inspirational stories by Max Life’s to... (more)
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