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Why Choose Max Life

Here are some of the numbers that speak about our accomplishments

Why Choose Max Life

Here are some of the numbers that speak about our accomplishments
Claims Paid Percentage

99.51%

99.51%

(Source: Individual Death Claim Paid Ratio as per Audited Financials for FY 2022-2023)

Max Life's Presence

269 Offices

269 Offices

(Source: As reported to IRDAI, FY 2022-23)

Sum Assured

₹1,397,142 Cr.

₹1,397,142 Cr.

In force (individual) (Source: Max Life Public Disclosure, FY 2022-23)

Assets Under Management

₹122,857 Cr.

₹122,857 Cr.

(Source: Max Life Public Disclosure, FY 2022-23)

More reasons why our customers choose us

More than a Decade of Securing Future

Crossed the 10,000 crore mark in Gross Written Premium for the first time

24% increase in the AUM taking it to Rs 44,370 Crores

Achieved 96.95% Claims Paid Ratio

Won the prestigious “Bancassurance Leader Award” and “Agency Productivity Award” at Indian Insurance Awards, 2015 in large companies category

Rated as "The Most Trusted Private Life Insurer" by the Brand Trust Report

Announced our foray into the e-commerce space with the launch of online buying option for 'Max Life Online Term Plans'

Re – named the company as "Max Life Insurance Co. Ltd."

Reached US$ I billion mark in total revenue and recorded our maiden shareholders' profit

Became the largest non-bank private life insurance company in India

Launched a range of new ULIP plans

Had a meaningful tie-up with Axis Bank to sell

Launched our first universal life product

Received CIO 100 Technology Award, 2009

Awarded the Gallup Great Workplace Award, 2009

Awarded the Superbrand status

Awarded the Asia Insurance Industry 'Innovation of the Year' award, 2009

Claims paid ratio improved to 98.26% (As Per Annual Audited Financials FY' 17-18)

30% increase in the Value of New Business

Claims Paid Ratio grew to 99.22%* (*As per Annual Audited Financials for FY19-20)

Ranked 24th in India’s top 100 best companies to work for, as recognised by Great Places to Work Institute, India

Max Life’s assets under management (AUM) crossed Rs.1,07,500 crore rising 19% over the last financial year

Recognized amongst the top 30 Best Workplaces in BFSI; and Top 50 Best Workplaces, as per the Great Place to Work Institute’s (GPTW) 2021 study

The total new business premium (First Year Premium and Single Premium) of Max Life increased by 13% to INR 8,960 crore

The Sum Assured in-force also saw an increase of 19%, up from INR 1,174,515 crore in FY22, to INR 1,397,142 crore in FY23

Our Vision

At Max Life, we envision being the most admired life insurance company in India by securing the financial future of our customers.

Our Vision

At Max Life, we envision being the most admired life insurance company in India by securing the financial future of our customers.

We’re on a Mission

We’re on a Mission

We are an honest life insurance company, committed to doing what is right.

We serve our customers through Long-Term Savings, Protection, and Retirement Solutions, delivered by our High-Quality Agency and Multi-Channel Distribution Partners.

We are a business with strong social relevance, and we contribute to society by supporting causes related to health.

Awards & Achievements

Awards & Achievements

Our Commitment to Communities

At Max Life Insurance, one of the foremost life insurance companies in India, we believe in contributing to the social and economic development of the society. See how we are making a difference in people’s lives.

Our Commitment to Communities

At Max Life Insurance, one of the foremost life insurance companies in India, we believe in contributing to the social and economic development of the society. See how we are making a difference in people’s lives.
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Meet Our Leaders

Meet Our Leaders

Media and Coverage

Catch up with our Latest News Releases, Press Coverage, TV Campaigns, Press Reports, and Much More! Get all the action here!

Media and Coverage

Catch up with our Latest News Releases, Press Coverage, TV Campaigns, Press Reports, and Much More! Get all the action here!
Max Life Savings Plan with Guaranteed Returns

"Max Life Savings Plan with Guaranteed Returns"

Latest News 04 May '23

Max Life partners with Capital Small Finance Bank to offer life insurance solutions (May 4)

Press Clips 04 Apr '23

MintGinie_IPQ survey shows working women overtake men in life insurance ownership (April 24)

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With 14000+ Employees, We are Together Changing the Way Insurance Industry Operates! 

Want to be a part of this initiative and give a push to your career?

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Let’s Connect

Let’s Connect

Online Sales Helpline
0124 648 8900
 (09:00 AM to 09:00 PM Monday to Saturday)

service.helpdesk@maxlifeinsurance.com
SMS 'LIFE' to 5616188

Let us call you back
Customer Service Helpline
1860 120 5577
(9:00 AM to 6:00 PM Monday to Saturday)
  Chat with us

Please write to us in case of any escalation/feedback/queries.

Write to us
NRI Helpdesk
011-71025900; 011-61329950
(9:00 AM to 6:00 PM Monday to Saturday)

nri.helpdesk@maxlifeinsurance.com