Max Financial Services’ arm disburses 30,830 death claims in FY22

14 Jun 2022 Evaluate

Max Financial Services’ subsidiary company -- Max Life Insurance Company has disbursed 30,830 death claims worth Rs 2,009 crore in the financial year 2021-22, achieving a Claims Paid Ratio of 99.34% during the tumultuous and unpredictable pandemic.

With this, the Company has surpassed the coveted 99% benchmark for the third year in a row. Over the last five years, Max Life's claims paid ratio has seen a rise from 98.26% in FY18 to 99.34% in FY22, making it the Company's new 'India KeBharoseKa Number'+.

Max Financial Services is a part of the Max group, an Indian multi business corporation.

Max Financial Share Price

1285.10 33.00 (2.64%)
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