Max Life Insurance Company Limited
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About Company


Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi-business corporation. Max Life has a total claims paid ratio of 99.51% as per the annual audited financials for FY22-23.

Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution including agency and third party distribution partners.

Max Life has built its operations over almost two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per public disclosures, during the financial year 2022-23,

• As on 31st March 2022 the Company had Rs. 122,857 crore of assets under management(AUM), and


Life Insurance Solutions for all life stage based needs, Term Insurance Plans, Online Insurance Plans, Child Insurance Plans, Retirement Plans, Savings & Income Plans, Group Insurance Plans, ULIP Plans, and NRI Plans• A Sum Assured in Force of Rs. 1,397,142 crore.