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Defence Insurance Plans

Defence Insurance Plans

Rakshak – A Life Insurance initiative for Armed Forces

The Armed Forces act as ‘Rakshak’ and protect our country by dedicating their lives so that we can live securely. Their selfless service and dedication not only ignites the patriotism but also our duty towards them. At Max Life, we pledge to work constantly to support the Defence Personnel to give them and their families financial security to meet the uncertainties of life.

Why should Defence Personnel buy insurance?

Any Defence Personnel should opt for an insurance plan from Max Life Insurance because it provides comprehensive protection to him/her and his/her family. The company has a dedicated team of professionals who understand the requirements of the servicemen and offer tailored insurance solutions according to the specific needs of every servicemen. Insurance plans for Defence Personnels provide insurance protection during war & war like situations. 

Cantonments Covered

Max Life Insurance has ensured presence of its services in 40 Cantonments. Personnels from Armed Forces can get in touch with our representatives for inputs on relevant insurance plans for Defence.

The Cantonments covered are Jammu. Amritsar, Ambala, Patiala, Jalandhar, Dehradun, Delhi, Meerut, Ahmedabad, Kangra, Jabalpur, Jaipur, Pune, Jodhpur, Pathankot, Bathinda, Chandigarh, Jhansi, Allahabad, Ferozpur, Lucknow, Varanasi, Patna, Kolkata, Siliguri, Guwahati, Bhubaneshwar, Ranchi, Kanpur, Alwar, Udhampur, Gurdaspur, Rajouri, Dimapur, Jorhat, Dibrugarh, Tezpur, Bikaner, Gangtok.

Why Max Life Insurance for Defence?

  • All type of causalities covered including" War & War like situations"
  • Defence personnel serviced & assisted by the ex-servicemen & Veer Naris
  • 18 years of excellence in the Life Insurance industry
  • 40,80,000 customers protected

Choose a plan relavant to your needs

Choose a plan relavant to your needs

MAX LIFE MONTHLY INCOME ADVANTAGE PLAN

  • Lumpsum benefit on maturity
  • Guaranteed monthly income for 10 years after premium payment term
  • Policy continues for family even in case of death of policyholder
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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

We care for those who protect the nation

We care for those who protect the nation

Max Life Insurance - The stars of tomorrow

Max Life Rakshak team felicitating students of Aasha School

Dear Protectors,

I would like to take this opportunity to thank every single Soldiers of my Nation, who dedicated their life and dreams for each one of us, so that we can live our life securely, fulfill our dreams and personal interests.

Max Life Insurance believes in serving the people who serve our Nation. We go beyond business transactions to help and support various initiatives of the Armed Forces. Our aim is to secure, empower & enrich the lives of Soldiers associated with the most prestigious organisation – The Indian Armed Forces.

Rakshak one of our initiative, operates with a mission to “Give Back” to the Indian Armed Forces Community. While our unsung heroes continue to dedicate their lives towards protecting the Nation, we are committed to protect the Defence personnel, Veterans and their families from unforeseen contingencies. We have touched the base with AWPO, AWWA, Army Placement Agency, Regimental Centers, Field Formations and Units to assist the Forces better.

Special propulsion is given towards geographical improvement drive of the military establishments by offering personality development modules, career and psychological counseling, life style improvement programs, financial literacy and income tax planning sessions.

‘Rakshak’ is our way of conveying our heartfelt gratitude for the fraternity. We look forward to your support in driving this synergistic association towards enriching the lives of people.

Jai Hind!

Amit Vig

VP & Head of Defence

Customer Reviews on Savnigs and Income Plans

Customer Reviews on Savnigs and Income Plans

Let’s Connect

Let’s Connect

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

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

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1860 120 5577
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011-71025900; 011-61329950
(9:00 AM to 6:00 PM Monday to Saturday)

nri.helpdesk@maxlifeinsurance.com