Max Life investment plans offer higher returns compared to traditional investment plans. These are either ULIP (Unit Linked Insurance Plans) plans where the performance of your investments depend on the financial instrument in which they are invested.
Investment Plans offered by Max Life
Under its investment plans,
Max Life Fast Track Super Plan and
Max Life Maxi Super Plan
Investment plans offered by Max Life are popularly known as Max Life growth plans.
Max Life Fast Track Super Plan helps you save and plan your finances better so as to secure your future. It is a non-participating, unit-linked insurance plan offering multiple fund options and portfolio strategies.
Features and Benefits of Max Life Fast Track Super Plan
Choose among 5 fund options for investing with different risk covers.
Systematic fund transfer and dynamic fund allocation mechanism to help you protect your investments against market unpredictability.
Partial withdrawal is allowed to meet unplanned expenses.
You can choose policy term and premium payment options based on your convenience.
You may get tax benefits on your premiums and policy benefits to a certain extent. However, it is subject to tax laws applicable at the time of policy purchase and receipt of benefits by you.
Get death benefits. In case of death of the life insured during the policy tenure, higher of sum assured or fund value shall be paid.
Maturity benefit is available.
Get guaranteed loyalty additions. 0.30% of fund value will get added to your fund every year starting from 11th policy year.
Max Life Maxi Super Plan
This is also a non-participating unit linked insurance plan wherein investments are automatically balanced between debt and equity instruments to provide you higher returns on your investments.
Features and Benefits of Max Life Maxi Super Plan
based on the age of the life insured.
Get premium payment tenure depending on your convenience.
Choose among 5 fund options for investing with different risk coverages.
Dynamic asset allocation mechanism to help you save your investments against market unpredictability.
Partial withdrawals is allowed to meet unforeseen expenditures.
Maturity benefit is available. On maturity, you will be entitled to receive an amount equal to the fund value.
Get policy term for 15 years.
Death benefit is assured. In case of death of the life insured during the policy term, higher of sum assured or fund value shall be paid.
Minimum sum assured is Rs.3, 85,000.
There is no limit to the maximum sum assured.
You may also tax benefits on your premiums and policy benefits to a certain extent. However, it is subject to tax laws applicable at the time of policy purchase.
Imagine you suddenly need cash to send your daughter abroad for an interview and you don’t have sufficient cash to arrange her travel and stay there. In this case, you can withdraw your funds from Max Life Fast Track Super Plan and fulfill your daughter’s needs. The company offers flexibility in terms of partial withdrawal of your funds. Thus, the
not only helps you save, but also help you meet unpredictable circumstances in life.
Why choose Max Life Investment Plans
There are a number reasons why you should opt for the investments plans offered by Max Life.
They help you save and best utilize your money to plan for a better future.
Offer dynamic asset allocation mechanism to help you protect your investments against market volatility.
Offer protection cover to the life insured for a longer period.
Partial withdrawal is allowed to meet your personal needs.
Offer comprehensive life insurance coverage.
You can choose your premium repayment tenure based on your convenience.
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I have taken a life insurance in MAX LIFE INSURANCE on 6 years before. The policy is for 50 years. I am paying premium in the yearly package. While getting a policy my agent has given an information about the policy details. It covers up to myself.
The reason for selecting Max life is I felt, the benefits are good and convenient for me. The customer service is better. I have taken a 5years policy and the premium was 50K per year. In the 10th year, I will be getting sum assured of 6L which is double the amount what I have paid.
I had chosen my term insurance from Max Life. Since my friend has recommended about the policy i have taken it. I am paying the premium amount of Rs. 6000 every year. They have given me a coverage value of Rs. 50 lakhs. They do provide cover for partial disability cover also.
I have taken a life insurance in MAX LIFE INSURANCE on 1 year before. The policy is for life term. I am paying premium in the yearly package for 50 thousands. While getting a policy my agent has given an information about the policy details. I visit to office directly to pay the premium amount.
I have life insurance with MAX because of the claim settlement ratio around 98.9% . Yearly I make Rs. 52,000 it has the maturity period of 25 years, its a traditional plan, I get around Rs. 22 lakhs overall and it has life coverage if there is no any demise my nominee get the life cover. I do have flexi pay option.
AXIS bank have recommended Max life insurance comes along with ULIP. I need to invest upto 7 years but the ULIP has the locking period of 12 years, the premium is economical as per the policy. They do have good life cover for the financial security for unforeseen events. It has tax saving under 80c section, I have online credential for max life to check my insurance details and every day I get sms as well. I make the premium on yearly basis through online.
The payment mode is online and making the premium through debit card or credit card. I have taken short term life policy with MAX LIFE. The benefits are good. They have provided me a life cover of 12L with the locking period of 5 years. I have not gone through the documents so cannot tell about this policy much. Their claim settlement rate is good and giving 98.8%.
I have taken Life Insurance policy through Max Life agent .This policy tenure is for 20 years.I am paying the premium through citi bank credit card .The agent gave all the information about the insurance policy .I have received the policy documents on time .This policy is really useful and it is still active .
I have taken a term plan from MAX LIFE because am employee of Axis Bank and that time have take a term plan of 75L. There is no benefits, just am paying the premium. If any demise happens the family will be getting the benefit. The customer service is average. I am doing online payment and its 7K per year.
I have taken a life insurance with MAX LIFE INSURANCE on 2 years before. The policy is for 15 years and it is gain plan policy. I am paying premium on monthly package. While getting a policy my agent has given an information about the policy details. I use to pay for 2500 rupees.
I have chosen MAX LIFE for a life insurance. It is for future savings and life insured cover. I am doing yearly premium of Rs.52,000, it will be automatically debited from my account. I receive a statements from them. The sum assured is 5Lakhs.
I have one term plan with Max life for the sum assured of Rs. 70 lakhs, yearly I paid Rs. 22,000 for the term of 16 years and the life cover upto 70 years of age. I have option to add only nominee however the claim settlement is good for this insurance company.
I am having MAX LIFE which was suggested by their staff, the premium is economical. I used to pay Rs. 50,000 per annum it has the term of 19 years, after the maturity I get the lump sum amount along with the monthly bonus. I got the policy bond from the insurance company.
I have purchased a term plan with MAX LIFE because their claim settlement ratio is high compared to other insurance company and also premium is affordable. Their executive is regularly calling me and helpful too. The payment mode is online.
Taken my life insurance policy from Max life. I am paying the premium amount of Rs. 50000. I did the ECS facility hence the amount will be automatically deducted from my account. I need to pay the premium for 10 years and after 10 years the bonus will get added. Total sum assured amount of the policy is 6 lakhs.
I took a life insurance from Max life because the premium is affordable. I have not used the customer service but heard they are doing good. I am paying 35K yearly through online. The payment mode is convenient and am getting notifications immediately. I took it for savings plan.
I have taken a life insurance with MAX LIFE INSURANCE on 6 months before. The policy is for 38 years. I use to do payment through an online. I am paying premium on monthly package. While getting a policy my agent has given an information about the policy details.
I have just booked the policy through online and i have got my insurance documents within a day to my mail id. They have sent the documents after 10 days. Axis bank had a tie up with Max life thats the reason i opted this policy. I'm satisfied with the coverage value.No medical examination is required.
I have purchased a life insurance policy from Max Life through online. I am paying premium of Rs.700 monthly through cash and sometimes online. The customer service is good. The policy coverage is 32L. I need to pay the premium upto age of 60K.
Reason to select Max life, I found the claim settlement ratio is good around 98% this year. They also providing critical illness waiver, waiver on disability. The customer care is very prompt they shared terms and condition before availing the plan. It has the life cover upto 80 years and premium 60 years. I paid the premium around Rs. 850 per month, I sum assured of Rs. 1 crore, I have option to add nominees, I avoided half of the lum sum amount and they give monthly payment.