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Max Life achieves Claims Settlement Ratio of 99.34%+ in FY22: IRDAI Annual Report 2021-2022

Max Life achieves Claims Settlement Ratio of 99.34%+ in FY22: IRDAI Annual Report 2021-2022
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Max Life Strives to integrate sustainability across Operations; releases Sustainability Report

New Delhi [India], December 16 (ANI/NewsVoir): Max Life Insurance Company Ltd. ("Max Life" / "Company") releases its second Annual Sustainability Report for the financial year 2021-2022. The report discloses information relating to the environmental, social, and governance performance of Max Life Insurance on a consolidated basis. By focusing on four identified pillars of sustainable strategy: Working Ethically and Sustainably; Care for People and Community; Financial Responsibility; Green Operations, Max Life strives to strengthen its ESG focus to help create a sustainable future. From tackling environmental issues to ensuring gender inclusivity and diversity in the workforce to adopting industry-best corporate governance processes, Max Life's long-term, transformational ESG initiatives are based on material topics and are linked to its strategic goals. Prashant Tripathy, MD & CEO, Max Life said, "We are embedding the principles of ESG into our product ....

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Max Life releases its second Annual Sustainability Report for the financial year 2021-2022

The company released its second Annual Sustainability Report for the financial year 2021-2022, which discloses information relating to the environmental, social, and governance performance of Max Life Insurance on a consolidated basis. ....

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Max Life strengthens retirement portfolio; Enhances its 'Guaranteed Lifetime Income Plan'

New Delhi [India], October 14 (ANI/NewsVoir): Max Life Insurance Company Ltd. ("Max Life" / "Company"), has launched an enhanced variant of 'Max Life Guaranteed Lifetime Income Plan' (UIN: 104N076V14 - a Non-Linked, Non-Participating Individual General Annuity Savings Plan) designed to ensure a steady post-retirement income stream. With this plan, customers will now have the option of regular systematic investment to plan early for retirement and lock the annuity amount for life at the time of purchase. The Max Life Guaranteed Lifetime Income Plan offers customers the option to choose between immediate and deferred annuity. They also have the option of selecting a joint life option to ensure the same amount of lifelong annuity to their loved ones even after one's death. Under deferred annuity, the customer can lock the annuity amount at the time of purchase only either by paying a lump sum amount in one go or investing regularly in a systematic way as pe ....

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