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Life Insurance

Max Life Online Term Plan

Go the extra mile to ensure security and happiness for your family, with the right life insurance cover

Accident Benefit Rider

Avail additional protection benefits in case you meet with an accident

Flexible Tenure

Pick a term from 10years to 35 years

Sum Assured

Minimum: Rs. 25 lakhs
Maximum: Rs. 100 crores

Healthy Lifestyle Rewards

Low premium rates for non-smokers

Features and Benefits

In the future, cost of living and expenses are only headed in one direction – up. Which is why you want to make sure that your loved ones’ needs and aspirations are taken care of, when you are no longer with them.

This is where Max Life Online Term Plan with Sum Assured Plus Increasing Monthly Income Death Benefit Option could come in handy. In addition to Sum Assured payable on death, it provides monthly income for 10 years, that increases at 10% simple rate of interest every year of the first year monthly income.

This plan is a Pure Term plan that provides ONLY death benefit and NO maturity benefit.

BENEFITS

  • 100% Sum assured as lumpsum on death + monthly income for 10 years. This income increases every year at 10% simple rate of interest of the first year monthly income*
  • Additional protection through Max Life Comprehensive Accident Benefit Rider** (UIN 104B025V01)
  • A hassle-free online application process, without any tedious paperwork
  • A 30-day Free-Look period
  • High Sum Assured Discounts.
  • Rewards you for a healthy lifestyle- Low premium rates for non-smokers

This plan is a Pure Term plan that provides ONLY Death Benefit and NO maturity benefit.

*100% of the chosen Sum Assured on death +Increasing monthly income for 10 years, wherein the first year monthly income shall be 0.4% of the Policy Sum Assured and shall increase every year by 10% p.a. (simple interest) of the first year monthly income. Effective total death benefit including Monthly Incomes – 169.6% of Sum Assured
**For more details on the rider and the various terms and conditions, please refer the rider brochure.

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