Max Life Insurance ties-up with Toyota Financial Services

Tags: News
Max Life Insurance has tied up with Toyota Financial Services India Ltd to provide insurance cover to car loan customers.

"This alliance has been formed to provide insurance cover for car loan customers of Toyota Financial Services under a Max Life group product called Max Life Group Credit Life Secure," the companies said in a joint statement.

As per the agreement, Max Life Insurance will issue a Group Credit Life Secure policy, where Toyota Financial Services India will be the master (group) policyholder.

"It is necessary to cover risk of uncertainty, so that one's family is not left with any financial burden in case of the death of bread winner. We are confident this product will benefit Toyota customers," Max Life Insurance CEO & Managing Director Rajesh Sud said.

Toyota Financial Services India is the subsidiary of Toyota Financial Services Corporation (TFSC) which is a wholly-owned subsidiary of Japan's Toyota Motor Corporation.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Financial inclusion, if executed to plan, will lift economy

    The government’s proposed big push to financial inclusion, as reported by the Press Trust of India, if executed to plan, would go along way

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Innovation challenges for IT firms

As established technology companies become old and gear for a ...

Kuruvilla Pandikattu SJ

How we can connect ourselves to others

Most of us have difficulty in being true to ourselves ...

Gautam Gupta

What we can learn from the French fashion scene

It was a pleasure and a treat to experience one ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture