Looking for MAX LIFE insurance plans for 2021. here we have provided the all plans of MAX LIFE insurance. For more details please visit the official site of MAX LIFE INSURENCE which is given below.
Key Features & Benefits of MAX LIFE insurance plans
- Policy Term options The plan offers flexibility to choose from two Policy Term options. You can choose either 6 year or 12 year Policy Term, depending on your financial goals. The Premium Payment Term for the chosen option would be same as the Policy Term.
- Guaranteed Income for a Payout Period of 10 years after the Policy Term The plan lets you choose the guaranteed monthly income you desire. The annualized premium payable is linked to the chosen income under the plan. The income provided is fully guaranteed and will be paid for a period of 10 years (120 months) starting immediately after the end of the Policy Term. The income payable monthly in the last 5 years of the payout period is twice the income payable monthly in the first 5 years of the payout period. Apart from the income benefit, the plan also offers guaranteed Terminal Benefit at the end of the Payout Period.
- Get Guaranteed Protection The plan offers you protection for the entire Policy Term by providing guaranteed Death Benefit. The Death Benefit is payable as a lumpsum benefit to the nominee. However, the nominee also has an option to avail the Death Benefit in monthly installments for a period of 10 years post the date of death of the Life Insured.
Type of Plan
- Policy Term(s)
- Premium Payment Term(s)
- Minimum / Maximum Premium
- Guaranteed Sum Assured on Maturity (GSAM)
- Minimum Guaranteed Sum Assured on Maturity
- Maximum Guaranteed Sum Assured on Maturity
- Guaranteed Sum Assured on Death
- Minimum / Maximum Entry Ages
- Maximum Maturity Age
- Premium Payment Modes
Company Website: http://www.maxlifeinsurance.com