May 13, 2016 03:47 PM
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Max Life Insurance company, one of the leading life insurers company, It is a joint venture between Max India Ltd. and Mitsui Sumitomo Insurance Co. Ltd. It is a national level company, this company had many plans, Max Life Insurance offers comprehensive life insurance and retirement solutions for long-term savings and protection for both traditional and unit-linked insurance plans.
But this companies motto is taking money from the public, the company does not want to return the money. to the policy members. This is a very bad reputed company, my personal experience is that I was taken a policy in 2008 for Rs.12000 yearly, after one year its value was only 5300, then I do not deposit further installment. After fours years, the company had return Rs.1730 /- by check with a letter for the closing of policy.
In this regard, I want to say that, Max Life Insurance company, is a very bad/poor or obsolete recorded company.
