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Max Life Insurance Company

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About Max Life Insurance Company

Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi-business corporation. Max Life has a total claim paid ratio of 99.35% as per the annual audited financials for the FY 20-21.

Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multi-channel distribution including agency and third-party distribution partners.

Max Life Insurance offers comprehensive life insurance and retirement solutions for long-term savings and protection both traditional and unit-linked insurance plans. It has a country-wide diversified distribution model including the country's leading agent advisors, exclusive arrangement with Axis Bank, and several other partners. Max Life Insurance is a quality business focused on delivering excellence to customers through advice based sale process, a customer-centric approach to business, financial stability & investment expertise, and strong human capital.


Prashant Tripathy is the Managing Director and CEO of Max Life Insurance Company.

Contact Details

Corporate Office
Max Life Insurance Co. Ltd.,
3rd, 11th and 12th Floor,
DLF Square Building,
Jacaranda Marg, DLF City Phase II,
Gurgaon (Haryana) – 122002

1800 200 5577
1800 180 5577
'Life' to 54242 Branch Locator

Claims ratio of Max Life Insurance Company

Year 2012-132013-142014-152015-162016-172017-182018-192019-202020-21
Claims ratio 94.2593.8696.0396.9597.8198.2698.7499.22Yet to be published

Market share of Max Life Insurance Company

Year 2012-132013-142014-152015-162016-172017-182018-192019-202020-21
Market share to be published

News on Max Life Insurance Company

Life insurance managed to stay afloat by cutting costs

Life insurance companies in India focused on controlling costs and renewal business which enabled them to make higher profits in 2010-2...

May 27, 2011 2,759 views

IRDA disallows the proposed HDFC Life and Max Life Insurance merger

The proposed merger of HDFC Standard Life Insurance Co. Ltd (HDFC Life) and Max Life Insurance Co. Ltd, has come to a standstill post d...

Jun 08, 2017 558 views

Now Term Plans provide Benefit in Increasi...

In tune with the recent trend of Online Term Plans, Max Life Insurance Company has also launched their first Online Term Plan but with a difference! Max Life Online Term Plan provides the option of choosing from any o...

Nov 23, 2013 1,361 views

IRDAI to decide the fate of proposed HDFC-Max Life Insurance merger

Last year in August, HDFC Life and Max Life Insurance had announced a proposed two-way merger to create an insurance giant with Rs 1.1 ...

May 25, 2017 234 views

Videos on Max Life Insurance Company

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