Max Life Insurance Company Ltd - MaxLife

*Data according to IRDA Annual Report (2013-14)

Max Life Insurance Company, established in 2000, is one of the most admired private insurance companies in India. Max Life Insurance Company Ltd is a joint venture between Max India Ltd, an Indian multi-business corporate and Mitsui Sumitomo Insurance Co. Ltd, a member of MS&AD Insurance Group, a general insurer. The company has started its commercial operations in 2001.  

Max Life Insurance Company Ltd offers comprehensive life insurance and retirement solutions for long-term savings and protection to more than thirty lakh customers. Mr. Rajesh Sud is the Chief executive officer and Managing director of Max Life Insurance. 

Max Life Insurance was ranked fourth among private life insurance companies with a market share of 10.3% in the financial year 2013-14. For the same financial year, the company has been one of the fastest growing life insurance companies with Gross Written Premium of Rs. 7,279 crores.

As on 31st March 2014, Max Life Insurance had assets under management of Rs. 24,716 crore. The company won the trophy for “Best Underwriting Initiative of the Year” in the Asia Banking, Financial Services & Insurance Excellence Awards.

Product Portfolio

Max Life Term Plans:

These are comprehensive life insurance plans that fulfill the protection needs for you and your family.

Max Life ULIP Plans:

These are insurance cum investment plans that aim to make your money grow and also provide you with flexibilities to manage your investment.

Max Life Pension Plans:

Pension plans help you to save for your old age so, that you maintain the same life style even after you retire.

Max Life Child Plans:

Child plans helps you accumulate and plan your finances to fulfill your child’s dreams and aspiration.

Max Life Investment Plans:

Max Life Plans plans help you save systematically to achieve your life’s goals and provide you with a comprehensive coverage.

Compare all Max Life insurance plans from other life insurance companies in India to get the best insurance plan that suits you most.

Max Life Distribution Network:

Max Life currently applies multi-channel distribution model to sell its products that includes the agency distribution, partnership distribution, bancassurance, distribution focused on emerging markets and alliance marketing through employed sales force.  Max Life has pan India presence with 1090 offices across the country.