Max Life partnered with Policybazaar

Published on January 29, 2022
Current Context: The Max Life Insurance Company Limited i.e. Maxlife has entered into a partnership with Policybazaar.com.
Max Life partnered with Policybazaar
  • They have partnered to offer ‘Max Life Smart Secure Plus Plan’ to the customers dealing on the platform of Policybazaar.
  • They aim to offer independent insurance to the homemakers.
  • Currently, the homemakers are allowed for term insurance cover only as an add-on to their earning spouse’s cover.
  • The homemakers of the household who have an annual income over Rs 5 lakh and their age is between 18 and 50 years are eligible to opt for the plan.
  • They can opt for an independent insurance cover from Rs 25 lakhs to Rs 49 lakhs in which it is irrespective of the fact whether the husband had a policy or not.
  • This plan does not ask for the husband’s eligibility.
  • Static Part: 
    • HQ of Max Life Insurance Company Limited and Policybazaar: Gurugram, Haryana

Question: 

Q.1 With which organization has Max Life Insurance Company Limited partnered to offer ‘Max Life Smart Secure Plus Plan’?
a. Policybazaar
b. TCS
c. Flipkart
d. PayBima

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