Max Life Maxis Super Plan is a Unit Linked Insurance plan with dual benefit of wealth maximization and life insurance coverage under a single plan
Guaranteed Tax Savings
Under sec 80C & 10(10D)₹1 Crore
Invest ₹10k Per Month*Zero LTCG Tax
Unlike 10% in Mutual Funds
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
55 years |
Maturity Age (Last Birthday) |
- |
70 years |
Policy Term (PT) in years |
15 |
|
Premium Paying Term (PPT) in years |
7 Pay or 10 Pay |
|
Yearly Premium |
35,000 |
No limit |
Premium Payment Frequency |
Annual |
|
Sum Assured |
385,000 |
No limit |
Annual Premium in Rupees and Benefit Illustration for a term and PPT of 20 years
Age (years) |
Premium |
7 Pay |
10 Pay |
||
Fund Value @ 4% |
Fund Value @ 8% |
Fund Value @ 4% |
Fund Value @ 8% |
||
30 |
50,000 |
404,020 |
654,631 |
580,654 |
884,937 |
35 |
75,000 |
591,628 |
963,874 |
856,579 |
13,09,333 |
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history and submit KYC documents.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
*Tax benefit is subject to changes in tax laws
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ