max new york life insurance-saurabh arora

8/14/2019 Max new york life insurance-saurabh arora

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1. Max New York Life Insurance Company Limited is ajoint venture between Max India Limited , a multi-

business corporate , and New York Life International , aglobal expert in life insurance .

2. The company has positioned itself on the quality

platform . In line with its vision to be the Most AdmiredLife Insurance Company in India , it has developed astrong corporate governance model based on the corevalues of excellence , honesty , knowledge , caring ,integrity and teamwork . The strategy is to establish

itself as a Trusted Life Insurance Specialist through aquality approach to business .


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FOUNDED : 1845TYPE : MUTUALHEADQUARTERS : NEW YORK , USA

KEY PEOPLE : TED MATHS , CEOINDUSTRY : INSURANCE - LIFE AND

HEALTHREVENUE : $ 18.37 BILLION

(2008)


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NYL Insurance Building

The company was founded in 1845as theNautilus InsuranceCompanyin New York City, with

assets of just

$17,000.

Its first headquarters were at112-114 BROADWAY ; thefirst president was JAMESDEPEYSTER OGDEN .

NOW THE COMPANYHAS ASSETS WORTH

$216 BILLION
http://en.wikipedia.org/wiki/New_York_Life_Insurance_Buildinghttp://en.wikipedia.org/wiki/New_York_Cityhttp://en.wikipedia.org/wiki/New_York_Cityhttp://en.wikipedia.org/wiki/New_York_Life_Insurance_Building


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FOUNDED : 1985TYPE : PUBLIC LTD COMPANY

HEADQUARTERS : HYDERABADKEY PERSON : RAJESH SUD

CHAIRMAN

NO OF SHARE : 26,000HOLDERS


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RED CROSS

CRICKET

NGO

FILM FARE AWARDS


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Incorporated in 2000, Max New York Life startedcommercial operation in 2001. In line with its valuesof financial responsibility, Max New York Life has

adopted prudent financial practices to ensure safetyof policyholder's funds. The Company's paid up isRs. 1,232 crore.

It now has 38 products covering both life and healthinsurance and 8 riders that can be customized to over800 combinations enabling customers to choose thepolicy that best fits their need. Besides this, the

company offers 6 products and 4 riders in groupinsurance business.

The company currently has more than 10,424

employees.


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GARY BENNET CEO AND M.D

SUNIL SHARMA DIRECTOR


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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 YorkLife Insurance Worldwide in Hong Kong, where he

was President and Chief Executive

3. Under his tutelage Max New York Life has furtherwidened 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.


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HEALTH CARE LIFE INSURANCE CLINICAL RESEARCH

SPECIALITY PLASTICPRODUCT

HEALTH CARE

STAFFING INVESTMENTS RETIREMENT PLANS


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As a responsible parent your primaryresponsibility is to ensure that your child has asafe and a bright future.

Higher education, marriage, financial security arejust some of the important things that you wouldwant to save your money for.

However, with the ever-rising cost of living in

today's world, simple savings would just not beenough. 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.


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

2) An unmatched investment opportunityby way of well managed InvestmentFunds.

3) A no compromise 360 degrees protectionfor your children if you are not alive4) Financial protection for your loved ones

if you are not alive.5) Facility of partial withdrawals for those

unplanned expenses.

l h ld


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Helping your Children Win at Every Stepof Life

hild d


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Childrens Endowment to Age 18(Participating) Policy

Max New York Lifes Child Endowment Plantakes care of their future financial needs in caseof spiraling costs, whether higher education ormarriage.

Key Benefits

On Maturity- Sum Assured is paid out

Automatic vesting at age 18-The Plan automatically vestswhen the child turns 18.

On Death of life insured- In case of death beforematurity, premiums paid, together with interest will bepaid.


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Minimum Issue Age 91 Days

Maximum Issue Age 13 Years

Expiry Age 18 Years

Minimum Sum Assured Regular Premium Rs100,000Single Premium Rs 75,000

Maximum Face Amount Rs 5,000,000


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Life MakerTMGold is a powerful insuranceplan that empowers you to manage your

investments through your insurance policy. In this unit linked insurance plan, you can

direct your investments in our customizedunit linked funds, which offer investments of

different types: Fixed Income (e.g. Govt.Securities, Company Debentures) andEquities (i.e. shares).

These funds offer you different combinationsof fixed income and equity assets rangingfrom potentially high-risk-high-return topotentially low-risk-low return to match your

risk taking ability.

A U it Li k d P i Pl


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A Unit Linked Pension Plan

Build a Secure and Worry-free Future for the

Golden Years of Your Life.


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SMART Invest Pension (unit linked pension plan) is anunparalleled pension plan that gives you an option to letyour premiums automatically increase at a fixed rate andhelps you combat inflation and effectively preserve yourobjective of a secure retirement.

Also, as we understand that the portfolio risk should reduce

as you near your retirement to conserve the corpus from anyunnecessary erosion and that's the reason why SMARTInvest Pension offers the Dynamic Fund Allocationfeature at no extra cost.

This feature enables your money to automatically getinvested basis the years left for your retirement date aschosen by you and frees you from the worry of switchingyour funds manually from one fund to another.


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1) Among the top 25 companies to work for inIndia, according to Businessworld 2003 Great

Workplaces of India

2) Among the top five most respected insurancecompanies in India as per Businessworld 2004 &2006 survey

3) Received Best Six Sigma Project award at Sakal

Six Sigma Excellence Awards 20064) Received the Amity Corporate Excellence

Award 20086) Received the Outlook Money Award for being

among the best new insurers in the country.


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max new york life insurance-saurabh arora

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