Max New York Life Insurance-saurabh Arora

1. Max New York Life Insurance Company Limited is a joint venture between Max India Limited , a multibusiness corporate , and New York Life International , a global expert in life insurance . 2.

The company has positioned itself on the quality platform . In line with its vision to be the Most Admired Life Insurance Company in India , it has developed a strong corporate governance model based on the core values of excellence , honesty , knowledge , caring , integrity and teamwork . The strategy is to establish itself as a Trusted Life Insurance Specialist through a quality approach to business .

FOUNDED TYPE HEADQUARTERS KEY PEOPLE INDUSTRY REVENUE

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1845 MUTUAL NEW YORK , USA TED MATHS , CEO INSURANCE - LIFE AND HEALTH : $ 18.37 BILLION (2008)

NYL Insurance Building •

The company was founded in 1845

as the Nautilus Insurance Company in New York City, with assets of just $17,000.

Its first headquarters were at 112-114 BROADWAY ; the first president was JAMES DEPEYSTER OGDEN .

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NOW THE COMPANY HAS ASSETS WORTH $216 BILLION

FOUNDED TYPE HEADQUARTERS KEY PERSON NO OF SHARE HOLDERS

: 1985 : PUBLIC LTD COMPANY : HYDERABAD : RAJESH SUD CHAIRMAN : 26,000

RED CROSS CRICKET NGO FILM FARE AWARDS

 Incorporated in 2000, Max New York Life started commercial operation in 2001. In line with its values of financial responsibility, Max New York Life has adopted prudent financial practices to ensure safety of policyholder's funds. The Company's paid up is Rs. 1,232 crore.  It now has 38 products covering both life and health insurance and 8 riders that can be customized to over 800 combinations enabling customers to choose the policy that best fits their need. Besides this, the company offers 6 products and 4 riders in group insurance business. The company currently has more than 10,424 employees.

GARY BENNET

SUNIL SHARMA

CEO AND M.D

DIRECTOR

1. Gary Bennett is the Managing Director and Chief Executive Officer of Max New York Life Insurance Company. 2. In 2005 he joint Max New York Life from New York Life Insurance Worldwide in Hong Kong, where he was President and Chief Executive 3. Under his tutelage Max New York Life has further widened and deepened the pan India distribution network. The company is one of the leading players in new individual life policies sold. 4. A true Asia life insurance veteran, Gary has over 25 years of experience in the industry and has worked for a number of companies in Australia and across Asia Pacific.

HEALTH CARE LIFE INSURANCE CLINICAL RESEARCH SPECIALITY PLASTIC PRODUCT  HEALTH CARE STAFFING  INVESTMENTS  RETIREMENT PLANS    

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As a responsible parent your primary responsibility is to ensure that your child has a safe and a bright future. Higher education, marriage, financial security are just some of the important things that you would want to save your money for. However, with the ever-rising cost of living in today's world, simple savings would just not be enough. As a good planner, you need to look ahead and plan accordingly. Introducing Max New York Life's new Unit liked Children's Plan – SMART Steps that helps you plan for your children in a smart way, which takes your worries away for almost any uncertainty.

This specially designed plan for your child's future needs, offers you:

2) An unmatched investment opportunity by way of well managed Investment Funds. 3) A no compromise 360 degrees protection for your children if you are not alive 4) Financial protection for your loved ones if you are not alive. 5) Facility of partial withdrawals for those unplanned expenses.

Helping your Children Win at Every Step of Life

Children’s Endowment to Age 18 (Participating) Policy Max New York Life’s Child Endowment Plan takes care of their future financial needs in case of spiraling costs, whether higher education or marriage.

Key Benefits  On Maturity- Sum Assured is paid out Automatic vesting at age 18-The Plan automatically vests when the child turns 18. 

On Death of life insured- In case of death before maturity, premiums paid, together with interest will be paid. 

Minimum Issue Age

91 Days

Maximum Issue Age

13 Years

Expiry Age

18 Years

Minimum Sum Assured

Regular Premium Rs 100,000 Single Premium Rs 75,000

Maximum Face Amount

Rs 5,000,000

• Life MakerTM Gold is a powerful insurance plan that empowers you to manage your investments through your insurance policy. • In this unit linked insurance plan, you can direct your investments in our customized unit linked funds, which offer investments of • different types: Fixed Income (e.g. Govt. Securities, Company Debentures) and Equities (i.e. shares). • These funds offer you different combinations of fixed income and equity assets ranging from potentially high-risk-high-return to potentially low-risk-low return to match your risk taking ability.

A Unit Linked Pension Plan

Build a Secure and Worry-free Future for the Golden Years of Your Life.

• SMART Invest Pension (unit linked pension plan) is an unparalleled pension plan that gives you an option to let your premiums automatically increase at a fixed rate and helps you combat inflation and effectively preserve your objective of a secure retirement. • Also, as we understand that the portfolio risk should reduce as you near your retirement to conserve the corpus from any unnecessary erosion and that's the reason why SMART Invest Pension offers the “Dynamic Fund Allocation” feature at no extra cost. • This feature enables your money to automatically get invested basis the years left for your retirement date as chosen by you and frees you from the worry of switching your funds manually from one fund to another.

1) Among the top 25 companies to work for in India, according to Businessworld 2003 ‘Great Workplaces of India’ 2) Among the top five most respected insurance companies in India as per Businessworld 2004 & 2006 survey 3) Received ‘Best Six Sigma Project’ award at Sakal Six Sigma Excellence Awards – 2006 4) Received the Amity Corporate Excellence Award – 2008 6) Received the ‘Outlook Money Award’ for being “among the best new insurers in the country”.