Max Financial Services’ arm disburses 30,830 death claims in FY22
14th Jun 2022

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.