5.) Max Life Insurance
Max Life Insurance Company Limited (formerly known as Max New York Life Insurance Company Limited) is a life insurance company in India. The company is a subsidiary of the publicly listed Max Financial Services and is the largest non-bank private-sector life insurer in India.
HDFC Standard Life Insurance is a renowned joint venture between HDFC Ltd. and Standard Life Aberdeen.The claim settlement ratio of HDFC Standard Life Insurance is 97.62%. That means 11,031 claims have been settled by this life insurance company till the present.
It was founded in 2000 after the liberalization of the insurance sector in India and its operations began in 2001. Analjit Singh, founder of Max Healthcare, is the chairman of Max Life Insurance. The company is headquartered at New Delhi.
