Thursday, August 14, 2008

MICRO INSURANCE FROM MAX NEW YORK LIFE

Hyderabad: Max New York Life Insurance Company has launched a micro insurance product, Max Vijay, with a referral tie-up with the Confederation of NGOs for Rural India (CNRI) which provides savings and insurance at a premium range of Rs. 1,000-2,500. The policy term was 10 years and the policy-holders would be allowed partial withdrawal after three years.

Source: The Hindu, Business Standard

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