Citizencredit Co-operative Bank Ltd is a Corporate Agent of Axis Max Life Insurance Ltd. and HDFC Standard Life Insurance Company Ltd. IRDAI Certificate Registration No. CA0216.
About Axis Max Life Insurance
Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.
Axis Max Life Insurance has progressed well on all business parameters in the Financial Year 2024-25 and has further strengthened its position owing to its continued focus on building a successful life insurance business to deliver the core value of long-term savings and protection.
• The gross written premium of the company grew 13% to Rs. 33,223 crores
• Shareholders profit after tax at Rs. 406 crores
• Assets under management increased by 16% to Rs. 175,072 crores
• The solvency ratio of 201%, more than the mandatory 150%, indicates the company’s strong and stable financial position
• Conservation ratio at 83% and 13th-month persistency at 85%
• Policyholder Bonus Paid at Rs. 1,873 crores
• Sum assured in force at Rs. 2,191,857 crores, recorded an increase of 23% over the previous financial year
• Expense of management to gross direct premium ratio stood at 23%
• Grievance incidence rate was 38 per 10,000 policies for the year
• We have paid 99.70% claims on individual business policies and 99.17% claims on group business policies
For more information, please visit the company website at https://www.axismaxlife.com
Disclaimer:
Life Insurance Products are offered and underwritten by Axis Max Life Insurance Limited. Life Insurance contract is between the Proposer and Axis Max Life Insurance Limited.
Co-operative Bank Ltd is a Corporate Agent of Axis Max Life Insurance Limited (formerly known as Max Life Insurance Company Limited) which is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Corporate Office: 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram(Haryana) - 122 002. For more details on risk factors, Terms and Conditions please read the prospectus carefully before concluding a sale. You may be entitled to certain applicable tax benefits on your premiums and policy benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. Tax benefits are subject to changes in tax laws.
You can call us on our Customer Helpline No.18601205577.
Website: https://www.axismaxlife.com
IRDAI Regn. No. 104
Corporate Agent (CITIZENCREDIT Co-operative Bank Ltd) Regn.No: CA0216
ARN number: Axis Max Life/ CITIZENCREDIT/Web Content/June 2025
HDFC Standard Life Insurance Company Limited ('HDFC Life' / ‘Company’) is a joint venture between Housing Development Finance Corporation Limited, one of India’s leading housing finance institutions and Standard Life Aberdeen PLC (one of the world’s largest investment companies), initially through its wholly owned subsidiary The Standard Life Assurance Company and now through its wholly owned subsidiary, Standard Life (Mauritius Holdings) 2006 Limited.
Established in 2000, HDFC Life is positioned as a leading life insurer in India, offering a range of individual and group insurance solutions. Its portfolio comprises various insurance and investment products such as Protection, Pension, Savings, Income and Health. As on June 30, 2017, the Company offered 31 individual and 10 group products, along with 8 optional rider benefits catering to specific needs of customers during each stage of their lives.
HHDFC Life has a pan India presence, comprising 414 branches and spokes, and over 11,200 branches across India of its top 15 Bancassurance partners, as on June 30, 2017. The Company has two wholly owned subsidiaries namely HDFC Pension Management Company Limited, which is regulated by Pension Fund Regulatory and Development Authority of India and HDFC International Life and Re Company Limited, which is regulated by Dubai Financial Services Authority.
For more information, please visit the website, www.hdfclife.com.
Beware of Spurious Phone calls and Fictitious/Fraudulent offers:
· IRDAI is not involved in activities like selling insurance policies or announcing bonus or investment of premiums.
· IRDAI does not announce any bonus.
Public receiving such phone calls are requested to lodge a police complaint.
Why do you need General Insurance?
You work tirelessly towards ensuring that you and your family are financially secure. However, events such as hospitalisation, burglary, natural disasters, car theft, riots, etc. can negatively affect your finances.
General Insurance helps you live freely by providing insulation against risks and unforeseeable circumstances. For a payment (premium), an insurance company takes the responsibility of compensating your financial losses during a time of difficulty.
With comprehensive and innovative insurance solutions, we ensure that you gain financial security against every situation and every need. The Bank is registered as a Corporate Agent with United India Insurance Co. Ltd. (owned by Govt. of India) and Bajaj Allianz General Insurance Co. Ltd. IRDAI Certificate Registration No CA0216.
For United India Assurance Co. Ltd. products visit www.uiic.co.in
Bajaj Allianz General Insurance Co. Ltd. Products:
Premium Personal Guard
Travel
Individual Critical Illness
Health Guard (Individual and Floater)
My Home Insurance Plan
Extra Care Plus
Private Car
Two Wheeler (Including Long Term)
Contact any of our Branches or Bancassurance Department on:
26401126 / 26442829 / 30 / 31 / 32
Disclaimer - "Insurance is the subject matter of solicitation"
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