Max Life Insurance Company launched 'My Protection Quotient' Tool

Max Life Insurance Company Limited is a leading life insurance company in India.
Vamsi Athreya

Last Updated: Jun 12,2019 16:54 IST

Max Life Insurance Company launched 'My Protection Quotient' Tool

12 June 2019 Current Affairs: Max Life Insurance company one of the famous insurance companies in India announced the launch of a unique proprietary tool, 'My Protection Quotient' (MyPQ) its commitment to ensuring financial protection in the country.
MyPQ a smart tool designed to gauge the level of an individual's financial protection and their main aim to promote awareness and importance of term plans in protecting the financial future of families.
This tool will help consumers gauge their preparedness for their life stage goals and protection against unplanned eventualities of life. 
Max Life insurance to drive the agenda of financial protection in India. 
The program'My Protection Quotient encourages all Indians to engage with protection need more closely.
Its aim to help customers understand various aspects of financial planning, elements that are missing or require an upgrade to ensure that they have the right amount of life cover which helps customers to achieve their life goals with risk protection.
MyPQ on the first-month anniversary dedicated 6th of every month as 'Protection Day'
The survey conducted in association with Kantar IMRB mainly to understand where India stands with regards to life and term insurance ownership. 
The Company is among the market leaders in online sales of pure protection products and has independent digital protection portfolio to further persevere in this direction.

About Max Life Insurance Company
Founded: 2000
Headquarters: New Delhi
Net income: INR 440 crore
Total assets: INR 35,825 crore
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