New Delhi [India], July 26 (ANI/NewsVoir): Max Life Insurance Company Ltd ("Max Life" / "Company"), has announced its highest-ever participating (PAR) bonus of Rs 1,420 Crore for eligible policyholders in FY21-22. With this, Max Life has surpassed the milestone of Rs 10,000 Crore of declared bonus for participating customers since inception. This is the Company's 20th consecutive annual bonus, 9.05 per cent higher than the preceding fiscal year. The life insurer's annual bonus has increased at a 5-year compound annual growth rate (CAGR) of more than 11 per cent.
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