Max New York launches Max Vijay
Mumbai, Aug 5 (UNI) Keeping in view the interests of unorganised sector workers, Max New York Life Insurance Company has announced a new scheme ''Max Vijay'' that combines life insurance and savings scheme.
Speaking to mediapersons here today, Company Deputy Managing Director Rajesh Sud said the policy provides life insurance cover at an affordable price and also ensures savings for the policy holder.
A policy holder can pay minimum premium of Rs one thousand and maximum of Rs one lakh. The policy is for period of 10 years, however, a needy person can withdraw one-third deposit amount after three years of purchase of policy.
Company
Deputy
Chief
Operating
Officer
Rajit
Mehta
said,
''Our
vision
is
to
become
the
most
admired
life
insurance
company.
This
has
inspired
us
to
innovate
inclusive
and
accessible
insurance
products
that
mark
a
paradigm
shift
in
how
life
insurance
is
brought,
sold
and
serviced.''
UNI
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RN
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