Business News

Max Life Insurance implements innovative 'Claims Transformation Program'

Max Life's Claims Transformation Aims for True InstaClaimâ„¢ in 3 Hours

Sep 30, 2024

New Delhi [India], September 30: Max Life Insurance Co. Ltd. ("Max Life/Company") announces the implementation of an innovative "Claims Transformation Program," which leverages advanced technology and analytics to significantly enhance claims processing. This will allow the company to deliver true InstaClaimâ„¢ by processing 30% of death claims within 3 hours. The current rate of settling is 60% of death claims within 24 hours*.

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