Max Life Fast Track Super Plan is a Unit Linked Insurance plan providing the dual benefit of capital appreciation through market linked returns and life insurance coverage.
Guaranteed Tax Savings
Under sec 80C & 10(10D)₹1 Crore
Invest ₹10k Per Month*Zero LTCG Tax
Unlike 10% in Mutual Funds*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
60 years |
Maturity Age (Last Birthday) |
- |
70 years |
Policy Term (PT) in years |
10 or 20 |
|
Premium Paying Term (PPT) in years |
Single pay, 5 Pay or equal to policy term |
|
Yearly Premium |
Single Pay – 100,000 5 Pay – 50,000 Regular Pay – 25,000 |
No limit |
Premium Payment Frequency |
Annual, half-yearly, quarterly, monthly |
|
Sum Assured |
Single Pay – 1.25 * Single Premium. Regular & Limited Pay – 10 * Annual Premium |
No limit |
Annual Premium in Rupees and Benefit Illustration for a term and PPT of 20 years
Age (years) |
Premium |
Fund Value@ 4% |
Fund Value @ 8% |
35 |
40,000 |
10,07,325 |
15,87,263 |
40 |
50,000 |
12,55,726 |
19,78,696 |
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history and submit KYC documents.