Max Life Saral Jeevan Bima
Max Life Saral Jeevan Bima
A Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan
(UIN: 104N117V01)
Max Life Saral Jeevan Bima is a standard term insurance plan with simple and standard options.
This easy-to-understand pure term plan that ensures that you make an informed decision and provides adequate protection to meet your life insurance needs.
KEY ATTRACTIONS
1. Financial Security for the Family
Death Benefit is payable to the nominee in case of an unfortunate event during the policy term
2. Multiple Premium Payment Term options
Regular, Single and Limited Pay with 5 & 10 year options for a policy term of 5 to 40 years
3. Life Insurance Coverage up to 70 years of age
With Maximum Allowable Sum assured of up to Rs. 25,00,000 (only multiples of Rs. 50,000 allowed)
4. Waiting period
a. This Policy will cover death due to accident only during the Waiting Period of 45 days from the Date of Commencement of Risk.
b. In case of the death of the Life Assured other than due to accident during the Waiting Period, an amount equal to 100% of all Premiums received excluding taxes, if any, shall be paid and the Sum Assured shall not be paid.
TAX BENEFITS
This Plan offers applicable tax benefits on all your premiums and Policy benefits. Please note that all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. It is advisable to seek an independent tax consultation.
For more Details, please refer Product & Rider Prospectus (on Max Life Website).
THE LIFE INSURANCE CONTRACT IS BETWEEN THE PROPOSER AND MAX LIFE INSURANCE. LIFE INSURANCE COVERAGE IS AVAILABLE IN THESE PRODUCTS. THESE LIFE INSURANCE PRODUCTS ARE OFFERED AND UNDERWRITTEN BY MAX LIFE INSURANCE COMPANY LIMITED.
Max Life Insurance Company Limited Is a Joint Venture betweenMax Financial Services Limited and Axis Bank Limited. Max Life Insurance Co. Ltd., 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram – 122 002 (Haryana). Insurance Is the subject matter of solicitation. Trade logo displayed belongs to Max Financial Services Ltd. and Axis Bank Ltd. respectively and with their consents, are used by Max Life Insurance Co. Ltd. For more details on the risk factors, terms and conditions, please read the Prospectus carefully before concluding a sale. Customer helpline number – 1860 120 5577, Website: www.maxlifeinsurance.com, SMS 'LIFE' to 5616188.
Peerless Financial Products Distribution Ltd. is a Corporate Agent of Max Life Insurance Co. Ltd. Registered Office: Peerless Financial Products Distribution Ltd., 1 (H-L) Chowringhee Square, 4th Floor, Kolkata – 700 069.
ARN No.: MLI/Peerless/Max Life SaralJeevanBima/V01/Webpage/June 2022
IRDAI Regn. No: 104 IRDAI Certificate Regn. No: CA0056.
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
· IRDAI is not involved in activities like selling insurance policies, announcing bonus or Investment of premiums
· Public receiving such phone calls are requested to lodge a police complaint