The Max Term Plan Calculator 2024 helps you easily estimate the premiums for your chosen term insurance plan. It is a user-friendly online tool that calculates term plan premiums within seconds. Moreover, the Max Term Plan Calculator allows you to compare premiums amongst term plans of Indian insurers, helping you select the plan with features and benefits. Let’s understand more about the Max Term Insurance Premium Calculator here.
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Upto 10% discount# for buying online
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The Policybazaar Advantage
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.
Why Should You Use Max Life Online Term Plan Calculator?
Max Life Insurance Online Term Plan Calculator is a free online tool to assist policy buyers in calculating the payable premium amount for a particular premium term and sum assured. This term plan calculator considers factors such as age, gender, life cover, etc., to suggest the term insurance plan provided by Max Life Insurance at an affordable premium rate.
Term Plans
₹1 Crore
Life Cover
@ Starting from ₹ 16/day+
₹50 LAKH
Life Cover
@ Starting from ₹ 8/day+
₹75 LAKH
Life Cover
@ Starting from ₹ 12/day+
What Are The Details Required To Use Max Term Insurance Premium Calculator?
The following are some of the basic details you need to mention while calculating the premium amount of the Max Term Insurance policy:
Gender
Age
Life Cover Amount
Policy Duration
How To Use Max Term Insurance Calculator?
To use the Max Term Insurance Calculator 2024, you need to follow the below-mentioned steps:
Step 3: Enter the chosen life cover and duration of the policy
Step 4: Click on the ‘View Plans’ button and choose the Max Term Plan list available
Secure Your Family Future Today
₹1 CRORE
Term Plan Starting @
Get an online discount of upto 10%#
Compare 40+ plans from 15 Insurers
+Standard T&C Applied
Why Use Max Term Insurance Premium Calculator?
Below are the key uses of the Max Term Insurance Premium Calculator:
Max Life Online Term Plan Calculator estimates the premium needed based on your desired coverage for your life insurance plan.
Easily compare different term plans offered by Max Life Insurance to find the best fit.
Adjust plan parameters, such as life cover, policy terms, and other parameters, to match your needs.
Quickly generate premium estimates and identify cost-effective options, saving time and effort.
What Are The Benefits Of Max Term Insurance Calculator?
Here are the key benefits offered by Max Term Insurance Premium Calculator:
Effective Assessment of Plan Benefits and Features
In case of offline purchases, the policy buyer must manually visit or call the insurance companies to find out the premium rates and other policy benefits. Manual comparison and analysis of plans offered by multiple insurers is not only a tedious task but also prone to an enhanced risk of calculation errors. With the use of Max Life Insurance Online Term Plan Calculator, the comparison of plans and benefits offered by the insurer is easier and more effective. Though this online calculation tool provides a rough figure of the premium values, the calculations are precise and error-free.
Safe and Quick Purchase
By reducing the risk manual calculation, the Max Life Insurance Online Term Plan Calculator facilitates the policy aspirant to evaluate the plans, choose an affordable plan that satisfies his/her financial requirements, and make the purchase instantly by making payments through online modes such as net banking, debit and credit cards, UPI apps and e-wallets. The buyers are also catered with an instant online purchase receipt that can be furnished as proof for tax exemption.
Wrapping It Up!
The Max Term Insurance Premium Calculator is a valuable tool that simplifies the insurance planning process. By providing personalized estimations of premium amounts, coverage amounts, and policy durations, the calculator helps individuals make informed decisions and select an insurance plan that aligns with their requirements and budget.
However, it is important to remember that the calculator provides indicative results, and consulting with insurance professionals is advisable to receive personalized advice and understand the complete terms and conditions of the chosen policy. Utilize the Max Life Online Term Plan Calculator to streamline your insurance planning and secure the financial future of yourself and your loved ones.
A2. Online or offline term insurance plans do not offer any benefits on the maturation of the plan and if the policyholder is alive till the end of the policy tenure. However, the nominee, as mentioned by the policyholder at the time of purchasing the policy, will get a lump sum amount in case of death or permanent disability, or critical illness of the person insured.
A3. The policy buyers are permitted to purchase multiple life insurance term plans. You are also free to choose plans either from a single insurance company or multiple companies. Irrespective of the number of policies you own, the maximum life cover offered to you depends on your income, assets, age, and financial liabilities.
A4. The profession of the expectant policyholder is an important factor that decides the premium sum. Every profession involves a specific percentage of risk towards the employee's life. The higher the risk of the person's profession, the higher the value of the premium.
A5. In general, the term plans offer the flexibility of choosing the assured sum. You must consider your financial liabilities and annual income while choosing your life cover sum. Experts usually suggest that the policyholders must choose their basic life cover 10 to 15 times more than their annual income. The policy buyers are also free to use the online Max Life Insurance Term Plan Human Life Calculator if they are ambiguous about choosing an appropriate life cover sum.
A6. Term insurance plans do not offer any maturity benefits at the end of the policy term. However, it offers life cover to the nominee specified by the insured person if in case the policyholder incurs a loss of life within the policy tenure.
A7. The premium rates calculated by online Max Life Premium calculators are highly reliable. As there are no manual calculations and intervention of middlemen, the Max Life Insurance Online Term Plan Calculator provides accurate results of premium estimations as long as the input information furnished by the customer is true and precise.
A8. Max Life Insurance Term plan can be purchased any time after 18 years. However, it is better to purchase the plan earlier to incur minimum premium rates.
A9. It is 100% safe to purchase a term insurance plan online. However, the policy buyer must make sure that the purchase is made from the authentic online site of the insurance company. Online purchase of term plans provides lower premium rates, minimum documentation, high transparency, and easier premium payment and life cover settlement modes.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
Claim Settlement Ratio (CSR) is an important parameter in the selection of an insurance policy. If you are going
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Max Life Term Plans Reviews & Ratings
4.3 / 5 (Based on 99 Reviews)
(Showing Newest 10 reviews)
Eca
Telangana, July 22, 2024
★★★★★
At Policybazaar
At PB website I ended up purchasing a term life insurance policy that I am very happy with.
Sundar
Jharkhand, July 22, 2024
★★★★★
Reliable Term Insurance
I highly recommend PolicyBazaar to anyone looking for reliable insurance options.
Pratap
Maharashtra, July 22, 2024
★★★★★
Recommendable PB
Highly recommend PolicyBazaar for insurance needs.
Aamir
Chhattisgarh, July 22, 2024
★★★★★
Easy and Hassle Free Process
As a busy professional, I needed a quick and hassle-free solution. Policybazaar helped me find Bajaj Allianzs Smart Protect Goal plan. The high coverage and low premium were impressive, and the process was incredibly smooth and straightforward.
Bablu
Gujarat, July 22, 2024
★★★★★
Secure and Affordable
HDFC Click 2 Protect Super Term Plan offered me high coverage at an affordable price. As someone who recently started a small business, this plan ensures my family is protected without straining my finances.
Akash
Maharashtra, July 22, 2024
★★★★★
Easy and Simple
Easy and simple platform on Policybazaar helped me pick Tata AIA for its comprehensive coverage.
Nitin
Haryana, July 22, 2024
★★★★★
Secure and Clear
Secure and clear coverage for my family with ICICI Prudential via Policybazaar. Its comforting to know they are protected.
Silender
Punjab, July 22, 2024
★★★★★
Fast and Reliable
Fast and reliable service from Policybazaar helped me select Bajaj Allianz without any delays.
Yogita
West Bengal, July 22, 2024
★★★★★
Time Saving
Saved a lot of time with Policybazaar. Chose Bajaj Allianz quickly and easily.
Manoj
Gujarat, July 22, 2024
★★★★★
Helpful Guidance
Policybazaars guidance led me to the best term insurance plan from Bajaj Allianz.