Max Life Insurance Company Limited was established in year 2000. It is a joint venture between Max India Ltd and Mitsui Sumitomo Insurance Company Ltd. Max Life Insurance is a subsidiary of Max Financial Services and it is one of the largest private-sector life insurance companies in India. It has PAN India presence with 269 offices (as per IRDAI annual report FY 2019-20). Max Life Insurance has the Claim Settlement Ratio of 99.35% (as per company’s annual audited financials FY 20-21).
Max Life Insurance offers the life insurance plans that ensure the complete financial security of their customers.
Max Life Term Insurance Plans
- Max Life Online Term Plan Plus
- Max Life Smart Term Plan
- Max Life Term Plan with Return of Premium