Third class company that dupes and manipulates.I took a loan from my bank n my call was transferred to a agent who asked me to make a payment of rs 50000 to secure my loan and it was 1 time pymnt the agent calling was from maxlife .I took the policy and rs50000 was deducted from my loan amount. After a year I recvd a call for premium I was shocked to know that the agent on the phone had lied and I had to make payment of Rs 50000 every year.I somehow managed to make another payment of Rs 50000 to save my credit score but next year was full of hardships and I couldn't make my Payment went to maxlife office informed them but they said nothing can be done and now they are deducting on per day late fee charges and my rs 100000 has been duped in the name of company's policy.5 * rating for the scamming skills and lies of this company.
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Max Life Insurance Company Limited is a leading life insurance company in India founded in 2001. It 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 offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution including online, agency and third party distribution partners.
Max Life has built its operations over almost two decades through need-based sales process, a customer-centric approach to engagement & service delivery and trained human capital.
As per Max Life public disclosures for the FY 2020-21, it has a total sum assured of Rs.10,87,987 Crore and Assets under management(AUM) of Rs.90,407 Crore. Also, as per their Annual audited financials for the FY 2020-21, they have a claims paid ratio of 99.35% which is one of the highest in the industry.
For more information, please visit the Company's website at www.maxlifeinsurance.comSee more
