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Max Life Insurance Company Limited (formerly known as Max New York Life Insurance Company Limited) is an Indian life insurance company headquartered at New Delhi, and the largest non-bank private-sector life insurer in India. It is an 80:20 joint venture between Max Financial Services and Axis Bank.
Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Corporate Office : Max Life Insurance Co. Ltd. 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram (Haryana) - 122002.
Feb 12, 2024 · Average (2020 - 2023) 99.40%. 97.74%. Insight: Max Life currently holds the industry’s highest average CSR number. This indicates its efficiency in settling almost all the claims it receives in a year. Regarding CSR, Max Life is the industry’s best term insurance provider.
Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Corporate Office : Max Life Insurance Co. Ltd. 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram (Haryana) - 122002.
Max Life is the material subsidiary of Max Financial Services Limited. Max Life – a part of the $5-Bn Max group, an Indian multi business corporation – is India’s fifth largest private life insurance company. In FY 2024, Max Life reported an Embedded Value (EV) of 19,494 crore.
In the fiscal year 2022-23, Max Life Insurance achieved an impressive claim settlement ratio of 99.51%.Notably, Max Life is known for its transparency, reflected in a high settlement ratio, allowing policyholders easy online access to review and understand their policy details.
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Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multi-channel distribution including agency and third-party distribution partners. Max Life has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.
