Max Life Online Term Plan Life Cover + Monthly income is a pure term plan available through the company’s website which takes care of the protection needs by providing high coverages at minimal costs. The plan also provides for level monthly incomes post the policyholder’s death to support the family’s financial requirements.
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
60 years |
Maturity Age (Last Birthday) |
- |
70 years |
Policy Term (PT) in years |
10 |
35 |
Premium Paying Term (PPT) in years |
Equal to policy term |
|
Premium Paying Frequency |
Annual |
|
Yearly Premium |
Depends on Sum Assured and policy term |
|
Sum Assured |
25,00,000 |
100 crores |
Annual premium in Rupees for a SA of 50 lakhs and 20 year term
Age (in years) |
Premium (in Rs.) |
|
Non- Smoker |
Smoker |
|
30 |
5350 |
8050 |
35 |
7050 |
11,150 |
40 |
10,150 |
16,600 |
45 |
15,300 |
26,650 |
Policyholder has to fill up an ‘Application form/ proposal form’ online and provide self-attested copies of KYC/AML Documents.