Policybazaar helped me settle my dad's max term insurance in such a little time. I didn't even have to do a lot. they handled everything since my dad had purchased the plan through them. Thank you policybazaar.– Ashtekar, Bangalore
#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply
By clicking on "View plans" you agree to our Privacy Policy and Terms of use
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Ashtekar’s father, who belonged from Bangalore, had purchased the Max Life Term Insurance to secure his family. Max Life provides a wide range of life insurance plans that provide both protection and the opportunity to have long-term savings. It also ensures that housewives are provided financial protection against several unforeseen events of life.
Let’s understand the multiple features and benefits of Max Life Insurance.
Max Life Insurance is known for its flexible and customizable features that allow policyholders to buy term insurance plans according to their preferences and life goals. Below are some reasons why you can consider buying the Max Life Insurance:
A wide range of comprehensive policies is available to meet the different needs of insurance buyers.
Buyers have the option to choose a high coverage plan with an affordable premium rate.
The policies offer insurance coverage and also provide tax exemption benefits under sections 80C and 10(10D) of the Income Tax Act.
Purchasing a policy online from the official website of the insurer is convenient and easy.
The company's plans aim to secure the financial future of the insured person's family.
Max Life Insurance policies help the insured person ensure financial security for their family and protect them from unforeseen circumstances.
Term Plans
Max Smart Secure Plus is one of the best plans for people who wish to secure their families against financial burden in the long-run. It is one plan that aims at providing comprehensive financial protection to its customers. With dual benefit types and multiple payout options, this plan provides financial security to the policyholder and a choice to customize the benefits of the plan.
Below mentioned are the features of the Max Smart Secure Plus Plan:
Cover Options: This plan offers 2 cover options:
Life Cover
Increasing Life Cover
Claims Payout: You also have the option to choose amongst 3 payout modes:
Lump sum
Monthly Income
Part Lump sum and Part Monthly Income
Terminal Illness: You will receive free coverage if you are diagnosed with a terminal illness. You will also get an accelerated payout of Rs. 1 Crore with no additional premiums.
Return of Premium: You can enjoy the return of
Special Exit Value: You have the option to get back all the premiums upon special exit with no additional premiums required to be paid. However, this option is unavailable in the Return of Premium variant.
Premium Break: You will receive an option to skip paying the premiums for a year and yet, stay covered. However you will only receive a total of 2 premium breaks in your entire policy term.
Benefits for Housewives: Housewives can buy the Max Life Term Plan and financially protect themselves and their loved ones against multiple unforeseen events, like critical illnesses, or worse, death. These plans offer a guaranteed payout to the family of the housewife in an unforeseen event with the housewife. This payout is guaranteed against the premium made by the policyholder.
Joint Life Option: You can also cover your spouse under the same plan at a very nominal premium.
Riders: You get to avail extra benefits from riders such as Accidental Death benefit, Waiver of Premium Plus Rider and Critical Illness and Disability Rider.
Secure Your Family Future Today
₹1 CRORE
Term Plan Starting @ ₹449/month+
Get an online discount of upto 10%+
Compare 40+ plans from 15 Insurers
Below mentioned is the eligibility criteria for buying a Max Life Insurance Plan:
Parameters | Minimum | Maximum |
Entry Age | 18 years | 65 years |
Maturity Age | - | 85 years |
Policy Term | 5 years | 67 years |
Sum Assured | 20 Lakhs | - |
Ashtekar and his family have been secured by dint of his late father’s concern towards financially protecting them for the long run. The Max Life Insurance aims at covering for the risks that may cause monetary burden in the lives of the policyholder’s loved ones, and will do the same for the Ashtekar, too.