About

Max Life’s claim assurance is one of the best among private insurance companies in India. The company has an impressive individual death claims paid a percentage of 98.26% in FY'18 (Src: Max Life Public Disclosure FY 2017-18). Such a healthy claim settlement ratio means that you are more than likely to get your claims on time and at the time when you probably need it the most. 

In FY 17, the company posted its best finances in a decade. The gross written premium touched Rs. 10,780 crore, which was higher by 17% than the FY 16. Moreover, the net profit of the company grew by 50% and reached Rs. 660 crore, while the renewal premium grew by 12% and reached Rs. 7,114 crore. The solvency ratio reached 309%, for FY 17- way above the mandatory requirement of 150%.

Another great thing about Max Life is that they offer a personalized assistance during claims. A dedicated claim settlement officer engages the customer within 5 working days after the submission of a claim.


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