New Delhi: Life insurance company Max Life Insurance Company Limited, in association with Yes Bank, has sold 2.8 lakh insurance policies in the last fifteen years.
The company said in a statement issued on Saturday that it has completed 15 years of its partnership with Yes Bank. The partnership of the two began in February 2005. During this period, the two have sold 2.8 lakh insurance policies worth Rs 34,500 crore.
The company said that it has so far paid claims in excess of Rs 70 crore in the event of the death of the insured. Max Life Chief Executive Officer (CEO) and Managing Director Prashant Tripathi said, “Completing 15 years of partnership with Yes Bank is a milestone for the business.
In the coming years, we plan to grow our business and invest in technology, new products development and customer service. ” “Strategic partnerships and long-standing relationships will continue to be the mainstay at Yes Bank,” said Yes Bank senior group president Rajan Pental.
