Max life insurance is one of the leading private insurers in India that provides a vast variety of insurance products to fit the different needs of people from all walks of life. The company had a CSR (Claim Settlement Ratio) of 99.34% in the financial year 2021-22 which indicates that the company settled most of the claims received in the year and is a reliable company to buy insurance from. If you too had purchased a life insurance plan from Max Life, you can check the different ways in which you can check the max life insurance policy details online and offline along with the steps in the article below.
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But first, let us see the benefits of buying a max life insurance plan.
There are several benefits of buying a max life insurance policy, and they are as follows:
Family’s Financial Security: You can secure your family’s financial future by purchasing a max Life Insurance policy. This is because a life insurance plan will provide a death benefit payout in case of your unfortunate death to the family, who then can use the amount to take care of their financial obligations like rent and child’s fees.
Building a Corpus: A life insurance plan from max life can help you build a corpus for your future. You can use the maturity benefit received at the end of the policy term to beat inflation or pay for the child’s wedding.
Fulfilling Lifelong Goals: You can use the payout from a max life insurance policy to fund your financial goals like buying a house or car, paying for child’s higher education, or going on an extended vacation.
Retirement Planning: You and your spouse can secure your retirement by using the payout from a life insurance plan to pay for any medical emergencies or unexpected expenses. This way you can maintain your financial independence even after the end of the monthly income.
Tax Benefits: The max life insurance plans provide tax benefits as per the prevailing tax laws u/s 80C and 10(10D) of the Income Tax Act of 1961.
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Here is how to check your max life insurance policy details:
You can check your max life insurance policy details by policy number online by going to the company’s website and logging into your policy account. You need to enter your policy number or registered mobile number along with your date of birth to access your policy details online.
You can access your max life insurance policy details from your smartphone by texting your policy number (in XXXX format) from your registered mobile number. On the detail validation, all the policy details will be sent to your number via SMS.
You can get in touch with customer care at 1860 120 5577 by sharing your policy number with the customer care executive.
You can visit the company’s nearest branch to see the details of your life or term insurance policy in an offline mode.
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Here is how you can check your max life insurance policy details by policy number online and offline.
Step 1: Go to the company’s official website
Step 2: Select the ‘Policy Details’ under the ‘Customer Service’ option
Step 3: Enter your policy number/mobile number and date of birth
Step 4: Fill in the OTP to log into your Max life insurance policy account
Step 5: Click on ‘View Policy Details’ to see the policy details of your life insurance