Max Life Insurance Launches ‘Max Life Platinum Wealth Plan’ For High Net Worth Individuals

Max Life Insurance has launched a product offering for High Net worth Individuals called ‘Max Life Platinum Wealth Plan.’ The plan is a non participating Unit Linked Insurance Plan (ULIP) which helps you in planning your finances better so that your future years are secure. It is a smart investment solution to help you achieve your goals, by providing you with flexibility, portfolio strategies and multiple Fund options.

Read more
Best ULIP Plans
  • Guaranteed Tax Savings

    Guaranteed Tax Savings^

    Under sec 80C & 10(10D)
  • savings

    ₹1 Crore

    Invest ₹10k Per Month*
  • Zero LTCG Tax

    Zero LTCG Tax^

    Unlike 10% in Mutual Funds
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

Top performing plans with High Returns*

Invest ₹10K/month & Get ₹1 Crore returns*

+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company
Get Updates on WhatsApp
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

Speaking on the launch, Rajesh Sud, CEO & Managing Director, Max Life Insurance said, “At Max Life Insurance, we design our products keeping in mind future needs of our customers and requirements. The ‘Max Life Platinum Wealth Plan’ has been specifically designed for High Net worth Individual with an objective of enhanced flexibility and more features for customer to choose from. The launch of Max Life Platinum Wealth Plan is also in line with our strategy to offer customized products and service to our customers as per their segment.”

Max Life Platinum Wealth Plan offers the Following Benefits:

1. Comprehensive Life Insurance Coverage – The customer may get coverage of 10 times the annualized premium (for Limited and Regular Pay options) of base policy and get additional life cover, equal to sum of all future premiums payable under the policy till the age of 60 years, with Partner Care Rider.

2. Option to Choose Policy Term and Premium Payment Term as Per Convenience – The customer may pay premiums for a limited period (one year or five years) or entire Policy Term; with Policy Term options available from 10 years to 20 years (for single pay policies only 10 year Policy Term is available).

3. Choice of Funds or Fund Based Strategies – The customer may choose from 5 (five) Funds for investors with different risk appetites. Alternatively, they may select one of two Fund based strategies of Systematic Transfer Plan and Dynamic Fund Allocation, to protect their investments against market volatility.

4. Unlimited Free Switches - There is no limit on number of switches done in a policy year i.e.  The customer may switch any number of times without any charges being levied.

5. Guaranteed Loyalty Additions and Guaranteed Wealth Boosters – The customer will enjoy Guaranteed Loyalty Additions and Guaranteed Wealth Boosters to further enhance their Fund Value.

Source: This article has been adapted from the article “Max Life Insurance launches ‘Max Life Platinum Wealth Plan’ for high net worth individuals" that appeared on September 1, 2015 in financialexpress.com

 

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

Grow your wealth & meet your Financial goals

Systematically Invest in high growth plans with returns upto 18%*
View plans
Standard T & C Apply*
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Invest More Get More!
You Get
₹1 Crores*
You Invest
₹10K/month
You Get
₹80 Lakhs*
You Invest
₹8K/month
You Get
₹50 Lakhs*
You Invest
₹5K/month
capital guarantee
Investment Calculator
  • One time
  • Monthly
/ Year
Sensex has given 10% return from 2010 - 2020
You invest
You get
View plans

Ulip plans articles

Recent Articles
Popular Articles
ULIP Plan Riders

17 Jan 2024

ULIP or Unit Linked Insurance Plans provide rider benefits. They
Read more
ULIP Returns in 40 Years

08 Jan 2024

Estimating the ULIP returns over 40 years offers a unique
Read more
ULIP Returns in 35 Years

04 Jan 2024

A 35-year ULIP (Unit Linked Insurance Plan) emerges as an
Read more
ULIP Returns in 30 Years

03 Jan 2024

A 30-year ULIP (Unit Linked Insurance Plan) is a type of
Read more
ULIP Returns in 25 Years

03 Jan 2024

A 25-year ULIP (Unit Linked Insurance Plan) emerges as an
Read more
ULIP Calculator
A ULIP Calculator is a financial tool designed to help you compare ULIP plans and estimate the maturity amount
Read more
SBI Life Smart Privilege Plan: Benefits & Features
SBI Life Smart Privilege is a unit-linked, non-participating life insurance plan offered by SBI Life Insurance
Read more
7 Things to Know About the Tax Benefits of ULIPs
Nowadays, Unit Linked Insurance Plans, i.e., ULIPs, have evolved as the popular income tax saving investment
Read more
ULIP Returns in 5 Years
ULIP means Unit Linked Insurance Plan. It is a unique financial instrument that combines insurance coverage with
Read more
Tata AIA ULIP Plan Calculator
A Tata AIA ULIP Plan Calculator is a premium and returns calculation tool that helps easily and quickly compare
Read more

top

Become a Crorepati

Invest ₹10K/Month & Get ₹1 Crore returns*

Mobile +91
*T&C Applied.
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL