- Written by PolicyBazaar
- Views: 606
- Published: 17 June 2014
Max New York Life Insurance Company, established in 2000, is one of the most admired private insurance companies in India. Max Life is a joint venture company formed between Life, a Fortune 100 company and Max New York India Limited. Max New York Life started its commercial operations in the year 2001. In 2012 Max New York life was renamed to Max Life Insurance with Life stake of 26% getting transferred to Mitsui Sumitomo Insurance Co Ltd.
Max Life Insurance Company has an experienced management team with Rajesh Sud is the MD & CEO, Rajit Mehta as the Executive Director & COO and Ashish Vohra as the Chief Distribution Officer .
The company has been awarded with the following accolades:
- Outlook Money survey ranked MNYL No.1 in Slow, Medium and Quick fund categories
- BT Mercer – Ranked No7 in the “Best companies to Work For”
- Awarded the Gallup Great Work Place Award 2009
- CII – Exim Bank Commendation Certificate for Business Excellence – 2008 & 2009
- Received ‘Best Six Sigma Project’ award at 6th CII National Six Sigma conventions – 2009.
- Recipient of 2008 CIO 100 Award for technology implementation
- Golden Peacock Award for Innovation – 2008
- Among the top 25 companies to work for in India, according to Business world 2003 ‘Great Workplaces of India’
- Among the top five most respected insurance companies in India as per Business world 2004 & 2006 survey
- Won Indo-American Corporate Excellence Award for Best Indo-US company in Financial Services Category in 2006
Max Life Insurance - Product Portfolio
These are comprehensive life insurance plans that fulfill the protection needs for you and your family.
- Max Life Platinum Protect
- Max Life Premium Return Term Plan
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 Flexi Fortune
- Max Life Fast Track Plan
Pension plans help you to save for your old age so, that you maintain the same life style even after you retire.
- Max Life Partner Plus
- Immediate Annuity
Child plans helps you accumulate and plan your finances to fulfill your child’s dreams and aspiration.
- Max Life College Plan
- Max Life Siksha Plus II
Max Life Plans plans help you save systematically to achieve your life’s goals and provide you with a comprehensive coverage.
- Max Life Gain Plus
- Max Life Whole Life Participating
- Max Life Guaranteed Monthly Income Plan
Max Life Health Insurance Plans:
Max Life policies plans act as an intermediary in safeguarding your peace of mind and eliminating all worries about your present and future medical expenses.
- Lifeline MediCash Plus Plan
- Life Line Wellness Plus Plan
- Life Line Safety Net Plan
Compare all Max Life 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.