Max Life Insurance Savings Plans

Max Life Guaranteed Income Plan

1. Guaranteed tax free monthly income for 10 years.
2. Guaranteed terminal illness benefit at the end of payout period.
3. Get assured income that doubles after 5 years.
4. Guaranteed protection with multiple payout options on death. The plan offers for the life insured during the policy tenure. On death of the life assured during the term, the nominee will have an option to accept either a lump sum death benefit or income for 10 years.
5. Tax benefit is offered. But it is subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you.
6. The plan comes with a commutation option and offers flexibility to get monthly income as lump sum.

Max Life Whole Life Super

1. Guaranteed lifetime protection till the age of 100.
2. Flexible premium payment options.
3. Flexible bonus options.
4. You can customize your policy.
5. Offers terminal illness benefits.
6. Death benefit during the payout period
7. Death benefit during the policy tenure
8. Offers survival benefits.

Max Life Life Gain Premier

1. Avail flexible premium payment options and policy tenures.
2. Bonus options are available.
3. Get assured maturity benefit.
4. Death benefit is guaranteed.
5. Terminal illness benefits are covered.
6. Provides guaranteed solutions for your child's requirements.
7. Flexibility to withdraw cash to meet your requirements.
8. Loans can be availed under this plans.
9. Tax benefits can be availed but, it is subject to tax laws prevailing at the time of payment of premium or receipt of benefits.

Example:

Suppose, you have taken a Max Life Life Gain Premier plan of Rs. 8 lakhs for 10 years. After a few years, you fall sick and get admitted in a hospital. Now, instead of using your savings to pay off your medical bills, you can use the cash offered by Max Life under the above mentioned policy. You are eligible to receive Rs. 4 lakhs to pay off your medical bills which is 50% of the guaranteed maturity sum assured to you in the policy. Thus, the savings plans offered by Max Life Insurance Company help you face any unpredicted financial adversities in life.

Why choose Max Life Savings Plans?

There are a number reasons why you should choose the savings plans offered by Max Life:

1. Max Life savings plans offer terminal illness benefits, apart from offering a plethora of benefits such as maturity benefits, death benefits, loyalty additions etc.
2. You can get tax exemption by investing in these plans.
3. You can withdraw your funds partially in times of need.
4. They offer flexible premium payment options.
5. Your child's requirements are also covered under these plans.

Other Max Life Insurance Plans

Max Life Insurance Child Plans

Max Life Insurance Pension Plans

Max Life Insurance Savings Plans

Max Life Term Insurance Plans

GST of 18% is applicable on life insurance effective from the 1st of July, 2017