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Life Insurance

Max Whole Life Super

Save for your child’s education, marriage, or your retirement and stay protected until you are 100 years

Protection till age 100 years

Flexible premium payment terms

Flexible Bonus Options

Flexibility to withdraw money to meet any of your Life’s milestones

Features and Benefits

Type of Plan Traditional Participating Whole Life Insurance Plan
Coverage All individuals in accordance with Board approved underwriting policy of the Company.
Entry ages
(Age Last Birthday)
Minimum Age: 18 years
Maximum Age
Premium Payment Term Maximum entry age (age last birthday)
10 years 60 years
15 years 55 years
20 years 50 years
Maturity Age
(Age Last Birthday)

Policy anniversary following or coinciding with the life insured attaining age 100 years

The only available maturity age is 100 years

Policy Term

Upto age 100 years of Life Insured. Policy Term = 100 less age at entry of Life Insured

Premium Payment Term

10 Years, 15 Years or 20 Years

Premium Payment Modes Annual, Semi-annual, Quarterly and Monthly

Minimum Premium

Rs.8,500 p.a. excluding extra premium, modal extra,all applicable taxes, cesses and levies as imposed by the Government

Maximum Premium

No limit (subject to underwriting)

Guaranteed Maturity Sum Assured

Minimum : Rs. 50,000 (subject to ­minimum premium of  Rs. 8,500)

Maximum : No Limit (subject to underwriting)

This Life Insurance product is offered and underwritten by Max Life Insurance Co. Ltd. Life Insurance coverage is available in this product. The Life Insurance contract is between the Proposer and Max Life Insurance Co. Ltd.


Max Life Insurane Company Limited is a Joint Venture between Max Financial Services Limited and Mitsui Sumitomo Insurance Co. Ltd. 
Max Life Insurance Co. Ltd., 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram - 122002 (Haryana). IRDAI Registration No. – 104.  For more details on the risk factors, Terms and Conditions, please read the prospectus carefully before concluding a sale. You may be entitled to certain applicable tax benefits on your premiums and policy benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. Tax benefits are subject to changes in tax laws. Insurance is the subject matter of solicitation. For further details, call Toll free number 1800-200-4006.



Axis Bank Limited is the Corporate Agent of Max Life Insurance Co. Ltd. Axis Bank Limited, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai – 400025. IRDAI  Certificate Regn. No: CA0069. The purchase of a Max Life Insurance product by Axis Bank's customer is purely on a voluntary basis. As Axis Bank is not in the business of insurance, there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.


ARN : Max Life/Axis/Website/Content/Whole Life Super/January 2018


BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums
  • IRDAI does not announce any bonus
  • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

 

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