1.  Choice of Premium Payment Terms and Policy Terms

You have the flexibility to choose from various premium payment terms & policy terms as per your requirement. Thus, this feature enables you to decide the period for which you wish to save and the time when you need monies to fulfil your particular life stage need.

2.  Guaranteed¹ Additions

This plan provides you guaranteed 5.5% of Guaranteed Sum Assured on Maturity as Guaranteed Additions at the end of each year for first five policy years to boost your benefits.

3.  Death Benefit

In case of death of the life insured on or before completion of 10 policy years, Guaranteed Death Benefit along with accrued Guaranteed Additions, Paid Up Additions (if any) & Terminal Bonus (if any) shall be payable. In case of death of the life insured after 10 policy years, 110% of Guaranteed Death Benefit along with accrued Guaranteed Additions, Paid Up Additions (if any) & Terminal Bonus (if any) shall be payable.

4.  Maturity Benefit Page

You enjoy 110% of Guaranteed Sum Assured on Maturity along with accrued Guaranteed Additions, accrued Paid-Up Additions (if any) and Terminal Bonus (if any).

5.  Settlement and Commutation Benefit

You / nominee, as the case may be, have the flexibility to convert the lumpsum maturity benefit / death benefit into regular income for 10 years basis your requirement.

RIDERS- Avail the option of enhancing your risk coverage through the available riders

1.  Max Life Waiver of Premium Plus Rider (A Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Rider UIN: 104B029V04), which provides waiver of all future premiums in case of Critical Illness or dismemberment or Death.

2.  Max Life Accidental Death and Dismemberment Rider (A Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Rider UIN: 104B027V04), which provides additional benefits in case of death or dismemberment of the Life Insured due to an accident.

3.  Max Life Term Plus Rider (Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Rider UIN:104B026V03), which provides additional lump sum benefit in case of death of the Life Insured.

4.  Max Life Critical Illness and Disability Rider (Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Rider UIN: 104B033V01), which provides additional lump sum benefit in case of critical illness diagnosis.