In March 2026, Axis Max Life Insurance Limited entered into a strategic Corporate Agent partnership with Saarathi Finance and Credit Private Limited (Saarathi Finance) to strengthen financial protection for Micro, Small and Medium Enterprises (MSMEs) in India.

Key Details of Partnership:

Integration: Under the partnership, Group Credit Life Secure (GCLS) insurance will be integrated with loans provided to MSMEs. This ensures that borrowers receive financial protection along with credit support.

Financial Risk Protection:  The insurance coverage provides a safety net for entrepreneurs by protecting loan obligations in case of unexpected events, thereby reducing financial stress on businesses and families.

Alignment :The collaboration aligns with India’s broader objective of achieving ‘universal insurance coverage by 2047’, while also promoting financial inclusion and risk protection for MSMEs.