Max Life insurance Co. Ltd., one of the leading life insurers, is a joint venture between Max India Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max India is a leading Indian multi-business corporate, while Mitsui Sumitomo Insurance is a member of MS & AD Insurance Group, which is amongst the top general insurers in the world. Max Life insurance Co. Ltd. offers comprehensive life insurance and retirement solutions for long-term savings and protection to more than thirty lakh customers. It has a country-wide diversified distribution model including the country’s leading agent advisors, exclusive arrangement with Axis Bank and several other partners. Max Life insurance Co. Ltd. is a quality business focused on delivering excellence to customers through advice based sale process, customer centric approach to business, financial stability & investment expertise and strong human capital.
In the financial year 2013-14 Max Life insurance Co. Ltd. ranked fourth among private life insurers with a market share of 10.3%. The Company has been one of the fastest growing life insurance companies with Gross Written Premium of Rs. 7,279 crore and Shareholders Profit After Tax of Rs. 436 crore for the Financial Year 2013-14. The Company’s share capital of Rs. 2,127 crore with a solvency margin of 485% is indicative of its financial strength and stability.
As on 31st March 2014, Max Life insurance Co. Ltd. had assets under management of Rs. 24,716 crore.
Disclaimer : Max Life insurance Co. Ltd. Company Limited is a Joint Venture between Max India Ltd and Mitsui Sumitomo Insurance Co. Ltd. Max Life insurance Co. Ltd.,11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurgaon – 122002 (Haryana). For more details on risk factor, Terms and Conditions, please read the sales brochure carefully before concluding a sale. Insurance is the subject matter of solicitation. Trade logos displayed belong to Max India Ltd and Mitsui Sumitomo Insurance Co. Ltd. respectively and are used by Max Life Insurance Co.Ltd. under a license. For further details, call Toll free number
1800-180-55-77 (For MTNL & BSNL lines) or 1800-200-55-77 (from other service providers) or SMS ‘Life’ to 54242.
ARN – Max Life/Web/Bima Business/Mar2015 IRDAI Regn. No. – 104
IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
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