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Max Life and Axis Bank celebrate 13 yrs of bancassurance partnership

by AIP Online Bureau | Jun 3, 2023 | Banking & Bancassurance, Indian News, Life

The partnership has since inception served more than 25 lack customers with over Rs 3,81,900 Cr. worth of sum assured to cover their risks New Delhi: Max Life Insurance and Axis Bank, one of India’s largest private sector banks, celebrate the completion of thirteen...

Max Life announces Rs 1,604 cr bonus for its policyholders

by AIP Online Bureau | May 25, 2023 | Briefs, Life

Max Life Insurance Company Ltd has announced its highest- ever participating (PAR) bonus of Rs. 1,604 Cr. for its approximately eligible 21 lakhs eligible participating policyholders in FY22-23. This is the Company’s 21 st consecutive annual bonus; 8% higher...

Max Financial Services Q4 net profit slips 64 pc to Rs 52 crore

by AIP Online Bureau | May 13, 2023 | Indian News, Life

Prashant Tripathy, managing director, Max Life Insurance Company , said, “Through our continued focus on introducing innovative products, expanding distribution strength across channels, and driving a balanced product mix, we delivered strong growth in Q4FY23.”...
Rural households prefer savings instruments over term insurance plans: Max Life Survey

Rural households prefer savings instruments over term insurance plans: Max Life Survey

by AIP Online Bureau | Mar 22, 2023 | Articles, Eco/Invest/Demography, Life, Policy, Technology, Wealth Management/ Philanthropy

Saving for children’s education and marriage emerged as top savings objectives, multiple anxieties around savings and expenditures for the future abound The low uptake of life insurance products in rural Indian can be primarily attributed to inadequate funds to buy...
Post Covid, insurance awareness rises : Max Life’s survey

Post Covid, insurance awareness rises : Max Life’s survey

by AIP Online Bureau | Jan 23, 2023 | Indian News, Life

Prashant Tripathy, managing director and CEO, Max Life Insurance India has begun recognizing the real value of term insurance, ownership remains an area of challenge that the life insurance industry will need to work hard to address New Delhi: A survey, by Max Life...
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