Srinagar, Nov 17: Max Life Insurance Company Ltd. (Max Life/Company) has launched its marquee Smart Wealth Advantage Guarantee Plan – a Non-Linked, Non Participating Individual Life Insurance Savings Plan that offers guaranteed returns, life insurance cover and financial protection all combined in one product.
With its comprehensive benefits, the Smart Wealth Advantage Guarantee Plan is a holistic product that endeavors to ensure customers meet their life goals and remain protected in the long-run from financial uncertainties, the company said in an official release. “In a unique proposition, the product offers the customer to receive the annual income on a preferred date decided by the policyholder, and not necessarily at the anniversary of the policy issuance,” it added.
The product launch took place at the Max Life branch in Gogji Bagh, Srinagar in the presence of the company’s senior leadership, V. Viswanand, Deputy Managing Director, and Amrit Singh, Chief Financial Officer, Max Life Insurance.
Prashant Tripathy, MD & CEO, Max Life Insurance said, “Life is ever-changing and as you grow, your and your family’s needs and aspirations also grow. Whether it is achieving milestones like buying your dream house, securing your child’s education or enabling a peaceful retirement, you need to safeguard them in today’s uncertain environment. Our Smart Wealth Advantage Guarantee Plan offers life insurance with wealth creation benefits, meant for a financially strengthened future. A marquee product from Max Life, it’s made on a very innovative design to provide a range of flexible options to the policyholder to choose from, without discounting the returns.”
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. As per public disclosures and annual audited financials for FY2021-22, Max Life has achieved a gross written premium of INR 22,414 crore.
