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LifeCell Forms Alliance With Max New York Life

MNYL would offer life insurance options to LifeCell customers helping them meet the future financial needs of their children

LifeCell International (LifeCell), an India-based stem cell banking services provider, has entered into an arrangement with Max New York Life Insurance (MNYL). MNYL would offer life insurance options to LifeCell customers helping them meet the future financial needs of their children.

MNYL would reach out to LifeCell’s customers who are expectant parents and create awareness on the importance of securing a child’s future against unseen health and financial needs. Every LifeCell customer will get the opportunity to analyse their future financial needs and explore various insurance and savings options available with MNYL.

Mayur Abhaya, executive director of LifeCell International, said: “We decided to join hands with Max New York Life Insurance citing their successful past records and the growth on investments they have been offering to their customers. Our association with Max New York Life Insurance will provide LifeCell customers’ a direct access to their best-in class services and products.”

V. Viswanand, director and head of Bancassurance & Direct Sales Distribution of Max New York Life Insurance, said: “Life insurance is an important tool in financial planning as it provides financial protection and helps in long-term wealth creation for meeting various life stage needs. Through this tie-up, we are able to educate and extend to the LifeCell customers a bouquet of services in life and health insurance products.”