Live Breaking News & Updates on Ax Life Is Committed To Fulfilling Its Promise Customers Our Claims Settlement Ratio As The 39 India Ke Bharose Ka Number Lives Up Purpose Of Ensuring Financial Security Families When They Need It Most Quot Over Years

New Delhi [India], January 12 (ANI/NewsVoir): Max Life Insurance Co Ltd has announced that it disbursed 30,830 death claims worth INR 2,009 crore in the financial year 2021-22, attaining an individual death claims paid ratio of 99.34 per cent. With this, Max Life has surpassed the coveted 99 per cent benchmark for three consecutive financial years. Max Life has deployed predictive analytics-based underwriting models and robust fraud management, strengthened by digitized forensic controls, to ensure a seamless claims settlement process for its customers. With this, over the last five years, Max Life has consistently improved its claims paid ratio from 98.26 per cent 1 in FY'18 to 99.34 per cent in FY'22. Prashant Tripathy, MD & CEO, Max Life said, "The moment of truth for any life insurer comes at the time of 'claims settlement' - the most crucial juncture of the insurer-customer relationship. By achieving a claims settlement ratio of 99.34 per cent and surpassi ....

New Delhi , Prashant Tripathy , Max Financial Services Ltd , Axis Bank , Max Group , Max Financial Services , Max Life Insurance Co Ltd , Max Life Insurance Company , Max Life , Bharose Ka Number , Net Promoter Scores , Life Insurance Company Limited , Joint Venture , Max Financial Services Limited , Bharose Ka Number , Brand Campaign , Claims Paid , Claims Paid Ratio , New Delhi India , Anuary 12 Ani Newsvoir Max Life Insurance Co Ltd Has Announced That It Disbursed 30 , 830 Death Claims Worth Inr 2 , 009 Crore In The Financial Year 2021 22 , Ttaining An Individual Death Claims Paid Ratio Of 99 34 Per Cent With This , Ax Life Has Surpassed The Coveted 99 Per Cent Benchmark For Three Consecutive Financial Years Max Deployed Predictive Analytics Based Underwriting Models And Robust Fraud Management , Trengthened By Digitized Forensic Controls , O Ensurea Seamless Claims Settlement Process For Its Customers With This ,