A B Insurance, Investment & Financial Consultancy ServicesA B Insurance, Investment & Financial Consultancy Services

Protection Life Insurance Plans Children Insurance Plans Investment Insurance Plans
Retirement Insurance Plans Health Insurance Plans Savings Insurance Plans
Rural Insurance Plans Strategic Insurance Products Plans Career Avenues
Corporate Employee Insurance Plans Current Net Asset Value Fund Performance
Investment Plan
Our strong position in the banking and insurance sector along with our proficient and ethical business policies have given us the privilege to provide Max New York financial plans, policies and insurance services to corporate as well as individual clients. We also possess the requite fragility to provide consultancy services to our clients. Some of our highly acknowledged services are:


Protection Life Insurance Plans
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Protection Life Insurance Plans

We offer Max New York Life's protection plan which is specially designed to meet the diverse insurance requirements of the people. This plan guarantees maximum protection at low premium rate. Protection plan provides life insurance for one’s own self as well as their family members thus helps in reducing hardship in bearing any unfortunate event.
 
 Following are the various protection plans offered by us:
  • Five Year Renewable and Convertible Plan.
  • Level Term Policy

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Children Insurance Plans
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Children Insurance Plans

We assist you in offering a secured future to your children so that they emerge as winners when they grow up. Our assistance is in the form of Max New York Life ‘s children plan which provides financial support for the following purposes:
  • Pursuing their career
  • Marriage
  • Buying a home and several others
This children plan is the best gift a parent can give their children because parenting not only refers to love and care but is also accompanied with proper planning for creating a right environment for your children.

We offer the following Max New York Life Insurance Children Plans:

  • Children's Endowment to 18 (Par)
  • Children's Endowment to 24 (Par)
  • SMART Steps
  • SMART Steps Plus
  • SMART Steps Single Premium

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Investment Insurance Plans
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Investment Insurance Plans

Goes a famous saying, Money is what money does, so it is of vital importance to invest money in the right areas for its growth.  For this purpose we offer Max New York Life's Tax Free Benefit investment plans. This investment plan gives the customer the dual benefit of protection along with the potentially higher returns of market-linked instruments. In fact Max New York Life is considered to be having one of the best Portfolio Management System that leads to handsome returns for the end user. However, the most important benefit of these unit linked insurance plans is that it gives you flexibility in choosing the premium amount. The Plans carry Tax benefits u/s 80C, 80D & 10(10D) of Income Tax Act as per prevailing exemption norms.

We offer the following New York Life Insurance’s investment plans:
  • Life Maker Premium
  • Smart Steps Plus 
  • Life Invest 
  • Smart Invest Pension
  • SMART Assure....
These investment plans provide the right solutions for the following:
  • Buying a house
  • Starting a family
  • Launching a business and many others

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Retirement Insurance Plans
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Retirement Insurance Plans

Retirement from a job does not mean a retirement from life. Max New York Life with their retirement plans comes forward to support you in your old age and helps you to fulfill your dreams. Our retirement plans also make sure that you lead a comfortable lifestyle even in old age and do not compromise with your desires due to monetary constraints.

Following are the retirement plan of Max New York Life Insurance which is offered by us:
  • Easy Life Retirement (Par)
  • SMART Invest Pension

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Health Insurance Plans
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Health Insurance Plans

It is said, Prevention is better than cure. But no matter how much care one takes, one can face health problems at any stage in life. So it is always advisable to plan the future in such a way that one does not have any monetary problems at the time of crisis. Max New York Life's Health Plans have been designed to take into account the diverse set of needs of individuals at the time of ill health, thereby providing them financial security.

We offer the following health plans:
  • Life Line Medi Cash
  • Life Line Wellness Plus
  • Life Line Medi Cash
  • Plus Life Line Safety Net
  • Life Line Wellness

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Savings Insurance Plans
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Savings Insurance Plans

Life is full of uncertainties. Foreseen and unforeseen needs can arrive at any point of time. But Max New York Life's savings plans is there to help you. Our dual benefits saving plans recognizes your need for a complete all round financial protection and therefore provides you life cover and helps in the growth of your money too.

These are the plans offered by us to suit your diverse needs and budgets.
  • Whole Life Participating
  • Life Gain Plus 25 (Par)
  • 20 year Endowment (Par)
  • Life Pay Money Back
  • Endowment to Age 60 (Par)
  • Life Gain Endowment
  • Life Gain Plus 20 (Par)
  • Life Partner

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Rural Insurance Plans
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Rural Insurance Plans

Can anybody remember when the times were not hard and money not scarce?

Max New York Life's Rural Plans
have been tailored especially to meet all kinds of requirements of rural customers or investors. The Hassle free procedures and Low & affordable premiums, being the key features of rural plans, proves Max New York Life exceptional in offering their incredible services to all the classes of our society. The following Rural plans have been designed keeping in mind the rural investors. So that they don't have to worry about the high premium rates and complex application forms.

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Strategic Insurance Products Plans
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Strategic Insurance Products Plans

Max New York Life's strategic products plans ensure complete happiness. These plans have been specially designed to cater to the needs of the channel partners. The plans like Super Saver Bonds, Business Builder Plan, Max Mangal Plan fulfill all the foreseen and unforeseen needs of your family efficiently.
  • Bancassurance
  • Additional Distribution

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Career Avenues
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Career Avenues

We offer our Financial Advisors unique opportunities for career growth. Individuals who possess a knack for people management such as power to convince and sell have a bright future with us. We make financial advisors who work under our banner and sell the plans and policies of Max New York Life Insurance and in turn get paid for in on commission basis. Irrespective of age and gender, a person possessing the requisite qualification can become our agent and earn a handsome amount. 

We also have great opportunity for you to join our Office Leadership Team as Sales Managers/ Agency Co-ordinators.. as our company is on a Path to Growth and is rapidly expanding it's Branch network throughout India.

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Corporate Employee Insurance Plans
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Corporate Employee Insurance Plans

We offer more cover as standard with our Co oprative Empoyee Insurance plan and the company believes in ethical values and has worked on numerous campaigns and projects all over the world to put ethics into action to make a difference.

Max New York Life
presents one such solution to facilitate employee wellbeing and retention. A single master policy for all employees, Group Credit Life is the mainstay of our employee benefit platform. This easy and convenient policy is valid for one year and can be renewed annually. In case of death of an employee, due to natural or accidental reasons, the entire sum assured amount is paid to the employer.

Features :

Under Section 17 (2-A) of the Provident Fund Act, the Central Provident Fund Commissioner may, if requested to do so by the employer, by notification in the Official Gazette, exempt, whether prospectively or retrospectively, any establishment from the provisions of the EDLI scheme, if he is satisfied that the employees of such establishment, without making any separate contribution or payment of premium, enjoy life insurance benefits more favaorable than the benefits under the EDLI scheme.

Max New York Life Insurance Co. Ltd offers Group Term Insurance Scheme, a unique, simple and flexible scheme, which is a far better alternative to the Employee Deposit Linked Insurance Scheme (EDLI) because of the benefits it offers to both the employer and the employee. The Employees Provident Fund organization has approved this scheme as an alternative to EDLI scheme.

Key Benefits :
  • The organization will enjoy the following advantages by subscribing to the Max New York Life Group Term Insurance as compared to the EDLI scheme:
  • The premium payable by the employer under the Max New York Life Group Term Insurance Scheme will be usually less than the total contribution being paid by the employer to Regional Provident Fund Commissioner, particularly when average age of the group is low and the employer is in a low-risk industry.
  • Flexibility to opt for either a uniform flat cover for all employees or a graded cover as per notional PF balance.
  • Well defined and simplified claim process will ensure quicker and hassle-free claim settlement.
  • Administrative convenience for additions and deletions of members with no elaborate paperwork.

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Current Net Asset Value
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Current Net Asset Value

Net Asset Value as on date 05/09/2008
  • Balance Fund-                        Rs 16.95
  • Conservative Fund-                Rs 14.28
  • Growth Fund-                         Rs 22.03
  • Secure Fund-                          Rs 12.27
  • Growth Super Fund-               Rs 10.84
  • Dynamic Opportunities Fund-  Rs 09.96

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Fund Performance
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Fund Performance

  
                          PERIOD
                         FUND PERFORMANCE % RETURN
APRIL' 07 - APRIL' 08 SECURE CONSER-VATIVE BALANCE GROWTH
BENCHMARK RETURN  10.31  13.62  21.25  30.78
FUND RETURN   09.37  15.37  22.80  35.22
Fund v/s Benchmark  -00.94  01.75   01.55  04.44


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