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Max New York Life Insurance Co. Ltd

Max New York Life Insurance Company Ltd. is a joint venture of New York Life, a Fortune 100 company, and Max India Limited, an Indian multi-business corporation.

The company started its operations in India in 2001. Presently, the company has 33 bancassurance relationships, 14 corporate agency tie-ups, and direct sales force at 14 locations.

The company also came up with a hub and spoke model of distribution to reach out in rural areas.

 


8 Insurance product available
Health Insurance
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Children Plan
  • Tool to plan for children's needs in the future - education, wedding etc.
  • Tool to ensure children's future plans are not compromised in the event of parent/guardian's death
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Money Back Insurance
  • Provides life insurance covers for specified periods
  • Policy holder receives tax-free, fixed proportions of the sum assured at regular intervals or an option to re-invest
  • Policy holder receives lump sum payment on surviving maturity date
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ULIP Insurance
  • Protection tool with an investment option attached
  • Policy holder can choose from funds such as equity, debt, bonds, or a combination
  • Insurers offer partial withdrawals options
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    Term Insurance
    • Pure risk cover plan with no survival benefit
    • Protection tool against the uncertainties of life
    • Cheapest life insurance product
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    Endowment Insurance
  • Protection tool with savings option
  • Sum assured plus bonus accrued paid in the event of death of the insured or at maturity
  • With-profits plan that participates in the profits of insurer's life insurance business
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    Pension
    • Provides for stable income in post-work life
    • Helps policy holder to remain financially independent post-retirement
    • Tool for systematic retirement planning
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    Whole Life Insurance
    • Provides financial cover against death through out the life time of the insured
    • Estate tool for legal heirs
    • Sum assured paid on death of the insured or on if the insured survives a pre-determined age
    • Policy holder not entitled to any payout during the tenure of the policy
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    Get Life Insurance Proposals
    Upto 5 providers will offer you alternative proposals based on Sep 2016 premiums
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    Prefered Insurance Cos:
    •  Any 5
    •  IDBI FORTIS
    •  ING VYSYA
    •  FUTURE GEN
    •  AVIVA
    •  SHRIRAM
    •  DLF
    •  CANARA HSBC
    •  SAHARA
    •  STAR UNION
    •  AEGON RELIGARE
    •  HDFC LIFE

     
     
     
     
     

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