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Max New York Life to launch universal policies in India
Business Standard, 29 April 2009
Max New York Life Insurance is looking to introduce universal life insurance policies in India.
Rajesh Sud, chief executive officer and managing director, Max New York Life Insurance, said the company was planning to launch a universal life policy, a first-of-its-kind in India, and a health insurance product in this financial year.
Max New York Life recently introduced Max Vijay, an insurance product aimed at rural masses, on the lines of universal policies, as it comes with flexible premium amounts with an element of savings.
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