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Max New York opens office

MANGALORE: Max New York Life Insurance Company has opened an office in Mangalore on Monday, its 60th in the country. Addressing a press conference here Executive Director-Agency, Bancassurance and direct sales distribution, Rajesh Sud, said the company had sold over nine lakh policies and recorded a sum assured of over Rs. 27,000 crore. Mr. Sud said it had 22 basic products with eight different riders to suit every need and every premium level. These products have been further blended into 400 different combinations, he added.

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