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Max Life launches new pension plan with guaranteed financial protection ​ By IANS | ​ 0 Views Insurance.. Image Source: IANS News New Delhi, May 17 : Max Life Insurance Company on Monday announced the launch of Max Life Saral Pension , a Non-Linked, Non-Participating Single Premium, Individual Immediate Annuity Plan. The plan guarantees a regular stream of income in one s golden years, offering customers a chance to maintain their lifestyle pre and post retirement with the assurance of guaranteed income as long as the policyholder lives. The product has been launched at a time when a large section of the society is showing an inclination towards securing their future financial stability. According to the findings of Max Life s recent survey India Protection Quotient 3.0 in association with KANTAR, it was revealed that in the backdrop of Covid-19, around 52 per cent of urban India is saving for retirement/old age security.

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