Privacy Policy

Last updated: May 4th 2024

This privacy policy describes our policies and procedures on the collection, use and disclosure of your information when you use the service and tells you about your privacy rights and how the law protects you.

This Privacy Policy is designed to protect your personal information and provide a secure online experience. We do not sell or transfer your information to unaffiliated third parties without your consent, except as required by law or to protect the rights of others.

We treat your personal information as confidential and do not check, edit, or reveal it to any third party, except where necessary to comply with legal and regulatory processes or to protect the rights of other users or enforce our terms of service.

We may also collect anonymous statistics to measure interest in and use of the app, but these statistics do not personally identify you. If you wish to stop receiving our communications, please inform us and we will remove your name from our mailing lists.

We reserve the right to correct any part of the app's content at any time and prohibit the copying, modification, uploading, downloading, publishing, or distribution of any information or material provided on this app without prior permission. Violation of copyright is illegal and a breach of our terms of service.

Max Life Insurance Company Limited (referred to as “Max Life”, our, us, company, the Company and/or we) is committed to protecting the privacy and personal information of our employees and agents (the ‘users’). This Privacy Policy outlines the principles and practices governing the collection, usage, retention, processing, review & updation, disclosure, and disposal of personal information (hereinafter referred to as "the Policy") of the users.

mSpace (referred as ‘mSpace’, application and/or service, services)

This Policy is based on current laws and regulations applicable in India.

Type of Data Collected

While using our app, we may collect various types of Personal Information, including but not limited to:

1.     Personal Information

a.      Name, age, gender, date of birth, photographs, identification numbers, nationality, educational qualifications, occupations, avocations, employment details, criminal records, biometric information, and any other information capable of identifying you

2.     Contact Information

a.      Address, telephone numbers, email addresses, and other contact details

3.     Health Information

a.      Height, weight, blood group, alcohol and drug consumption, smoking habits, personal and family medical history, attending physician/treatment records, and other health- related information

4.     Financial Information

a.      Bank account details, credit or debit card details, income, investments, savings, tax records, and other financial information

5.     Professional Information

a.      Job history, performance evaluations, certifications, training records, and other professional-related information.

Usage Data

Usage data is collected automatically when using the app.

We may collect certain information such automatically, including, but not limited to, the type of mobile device you use, your mobile device unique ID, the internet protocol address (e.g. IP address) of your mobile device, your mobile operating system, browser type, browser version, the pages of our app that you visit, the time and date of your visit, the time spent on those pages, unique device identifiers and other diagnostic data.

Information collected while using the application

While using our application, in order to provide features of our application, we may collect, with your prior permission:

1.      Information regarding your location

2.      Information from your device’s phone book (contacts list)

3.      Pictures and other information from your device’s camera and photo library

We use this information to provide features of our service, to improve and customize our service. The information may be uploaded to company’s servers and/or a service provider’s server or it may be simply stored on your device.

You can enable or disable access to this information at any time, through your device settings.

Purpose of data collection and use of Personal Information

The company may use the information for the following purposes:

1.     To provide and maintain our app, including to monitor the usage of our app

2.     Employee and agent management, including training, performance evaluation, and benefits administration

3.     Communication and engagement with users, including providing updates, notifications, and training materials

4.     Performance of contractual obligations and facilitating transactions related to employment or agency agreements

5.     To conform to legal requirements or comply with legal processes

6.     To address network integrity and security issues

7.     To analyse the usage pattern

8.     To carry out activities connected with the running of our business such as personnel training, quality control, network monitoring, testing & maintenance of computer, other systems and resources

9.     To execute electronic clearance system/standing instructions/auto debits.

Disclosure of Personal Information

We may disclose and/or transfer the information to:

1.     Other companies that provide services directly to our users on our behalf or provide services to us by collecting, receiving, processing, storing, dealing, or handling Personal Information of the users

2.     Any other entity or organization in order for them to understand our environment in order to provide better services to our users

3.     As may be required to be disclosed to any third party by us by an order or direction under the law for the time being in force.

We may share Personal Information of the users, without obtaining their prior written consent, if mandated by law, pursuant to an order or direction of a court of law or Government agency.

Information retention

We will retain information about its users for as long as it is necessary to fulfil the purpose for which such information was collected (this includes employment and any other incidental purposes) or as may be required to comply with the internal policies of Max Life or as is otherwise required under any law in force from time to time. This also includes retention of personal information for smooth transactions and as part of personal records maintained by us of our employees and agents.

Reasonable security practices and procedures

We use reasonable and appropriate techniques and processes to protect Personal Information. We are committed to implement physical, electronic, and procedural safeguards to protect users Personal Information against loss, misuse, damage and unauthorized access, modification or disclosure. We continuously review and enhance our security policies and security measures to consistently maintain a high level of security.

Consent to collect, use and storage of personal information

By sharing the personal information you have consented us to collect, use and store your Personal Information for the purposes outlined in this Policy, including Aadhaar number wherever applicable.

Links to other websites

Our Application may contain links to other websites that are not directly operated by us. If you click on a third party link, you will be directed to that third party’s site. We strongly advise you to review the privacy policy of every site you visit.

We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.

Preview and update of Personal Information

If you see any discrepancy in your Personal Information or if a part of your Personal Information changes, we request you to visit a Max Life office or reach our customer service at 1800 102 8672 / 1800 121 8143 or write to us at helpdesk.homeoffice@maxlifeinsurance.com

Notification of changes in Policy

We reserve the right to update this Policy, as may be necessary, from time to time. If there are any changes or amendments to this Policy, we will notify you through the app or any other appropriate means so that you are always aware of the latest privacy policy and will be bound by the same. We will use our users Personal Information in accordance with this Policy and any other privacy policy under which the information was collected. By virtue of this Policy, you assent to collection, use, transfer, disclosure, retention and other processing of your Personal Information, as described in this Policy.