Max Life Insurance Policy

I want to get the details of Max Life Monthly Income Advantage Plan of Max Life Insurance so can you provide me?

[Shaleen]

At Max Life Insurance, with each milestone, they have raised the bar of their services and product offerings. They are an honest life insurance company, committed to doing what is right.

Max Life Monthly Income Advantage Plan

Max Life Monthly Income Advantage Plan is a plan that gives a guaranteed monthly income for 10 years to fulfill the planned milestones even in case of any eventuality.

Plan offers you-

Guaranteed Monthly Income - Get guaranteed monthly income for 10 years immediately after completion of Premium Payment Term.

Lump Sum Benefit on Maturity - Enjoy accrued bonuses along with Terminal Bonus on maturity of the policy.

Tax Benefit - Get tax benefits on all premiums paid and policy benefits received by you as per the prevailing tax laws.

Policy Continuance Benefit

Eligibility-

Entry Ages
(Age as on Last Birthday) Minimum Age: 18 years
Maximum Age: 12 Pay variant - 55 years
15 Pay variant - 50 years
Maximum Maturity Age
(Age as on Last Birthday) 12 Pay variant - 77 years
15 Pay variant - 75 years

Premium payment-

Premium Payment Term 12 years or 15 years
Policy Term Premium Payment Term plus 10 years, i.e.
12 Pay variant - 22 years
15 Pay variant - 25 years
Sum Assured Minimum: 12 Pay variant - Rs. 6,48,000
15 Pay variant - Rs. 8,10,000
Maximum: No limit, subject to the Board approved underwriting policy of the Company

Premium Payment Modes The product allows Annual, Semi-Annual, Quarterly and Monthly premium paying modes

Minimum / Maximum
Annual Premium Minimum Annual Premium: Rs. 50,000 excluding extra premium, modal extra, Service Tax & Education Cess

Maximum Annual Premium: No limit

Contact info-

Toll free 1800 200 5577
Online Term Plan Helpline
1800 200 3383