Max Life Insurance is one of the leading private life insurance providers in India. It has some very handy life insurance plans on offer. Not only are these plans feature-loaded, they are economical as well. In fact, Max Life is known as one of the best insurers to provide affordable life insurance to Indians. In this article we discuss why you need a life insurance and how a Max Life plan can help you save money in the process. Take a look.
Max Life Insurance – an overview
Max Life was founded in 2000 and was formerly known as Max New York Life Insurance Company Limited. Currently, it is a subsidiary of Max Financial Services Limited. Since 2001, the insurer has provided millions of Indians with some of the best life insurance plans. Currently, it is a joint venture between Max Financial Services and Mitsui Sumitomo Insurance Company.
Buy Online Max Life Insurance Plans
The life insurance plans from Max Life are easily available online. You can buy all kinds of life insurance online. Some of the common types of policies from Max Life are:
- Endowment plans
- Money back plans
- Child plans
- Pension plans
The plans are available online and there are many benefits of buying them digitally like:
- Cheaper costs: Max Life offers the online life insurance plans at a lower cost as compared to their offline counterparts. This is because the insurer saves on the office expenses and filing costs when they sell the plans online. The majority of the task is done mechanically and the data is stored digitally. The cost automatically comes down and the insurer offers you a discount too.
- Quick and convenient process: The process of buying insurance online is very quick and convenient. You can buy the Max Life insurance plan whenever you want, from the comfort of your own home. You don’t have to travel or stand in queues. It also takes only a few minutes to make a purchase and you end up saving a lot of time and effort.
Why choose Max Life Insurance
There are some very practical reasons for choosing Max as your life insurance provider. They are:
- Excellent products: The life insurance products from Max Life are indeed among the best in the country. Whether you buy a term plan or a ULIP, you will end up with a high and comprehensive cover at an economical rate.
- High claim settlement ratio: Max Life has a claim settlement ratio of over 97%. This is quite impressive and definitely a reason for you to consider buying a Max Life plan.
- Great customer support: The insurer holds its customers in great reverence. So as a policyholder if you have any doubts or problems, you can reach out to the very accessible customer support cell and get your issues sorted out.
- Transparency: The insurance provider offers a lot of transparency in its plans. There are very few hidden clauses in the plans and the policy wordings are very straightforward too.
- Quick claim settlement: The claim settlement process is quick and easy. If the proper documents are in place, the premiums are up to-date and the formalities are completed, Max Life barely takes a few hours to disburse the life insurance claim.
Max Life Insurance is one of the top life insurance providers of the country and now we know why. So if you are planning to buy a substantial life cover and save money in the process too, you should consider getting a Max Life plan. As mentioned above, there are many types of life insurance plans to choose from. Also, since the insurer has such a strong online presence, it becomes easier for you to buy and service your policies as and when required. You can visit the official Max Life website or download the smart phone app. Thereafter, you will be able to make purchases, pay the premiums, renew your existing policies and even initiate claims. You get a lot of ease and convenience when you do get associated with Max Life and most importantly, you end up saving a whole lot of money too. So what are you waiting for? Get a Max Life insurance plan today!