Max Life Premium Return Protection Plan is a Term Insurance plan with return of premiums option whereby the policyholder can enjoy comprehensive life cover with the added benefit of return of capital on maturity thus safeguarding his investments.
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
21 years |
55 years |
Maturity Age (Last Birthday) |
- |
75 years |
Policy Term (PT) in years |
20, 25, 30 |
|
Premium Paying Term (PPT) in years |
11 |
|
Premium Paying Frequency |
Annual, half-yearly, quarterly, monthly |
|
Yearly Premium |
8500 |
440,000 |
Sum Assured |
5,00,000 |
1 crore |
Annual premium in Rupees for a SA of 20 lakhs
Age / Term (in years) |
Term = 20 |
Term = 25 |
Term = 30 |
|||
Male |
Female |
Male |
Female |
Male |
Female |
|
25 |
18,980 |
18,040 |
19,380 |
18,440 |
20,000 |
18,840 |
30 |
21,800 |
19,860 |
22,420 |
20,260 |
24,400 |
21,500 |
35 |
27,320 |
23,620 |
28,660 |
24,580 |
31,500 |
26,840 |
40 |
36,080 |
30,440 |
38,140 |
32,000 |
42,140 |
35,280 |
45 |
48,800 |
40,560 |
51,780 |
42,980 |
57,440 |
47,660 |
Policyholder has to fill up an ‘Application form/ proposal form’ and provide self-attested copies of KYC/AML Documents. Medical tests may be requires as per underwriting norms.
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