Saving And Investment Plans
Max Life Whole Life Super
Synopsis:
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A flexible savings plan with life insurance for a lifetime
Features:
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- Protection for lifetime
- Maturity benefit at age 100
- Terminal illness benefit
- Premium payment flexibility
- Flexibility to withdraw
- Tax benefits
Benefits:
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- Maturity Benefit- On completion of the policy term you will get a guaranteed payout along with applicable bonuses as the Maturity Benefit
- Death Benefit- On death during the policy term, your nominee will receive a guaranteed payout along with applicable bonuses as the Death Benefit and the policy will terminate
- Bonus Payout Options- You have the option to receive the annual cash bonus announced by Max Life Insurance in three different ways depending on your needs
- Terminal Illness Benefit- In case of any terminal illness, 50% of the Guaranteed Maturity Sum Assured is paid immediately upon policyholder’s request
- Tax Benefit - You may be entitled to certain applicable tax benefits on your premiums and policy benefits
Eligibility:
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Premium Payment Term |
20 years |
Maximum Age at Entry
(Age at Last Birthday) |
50 years
|
Minimum Age at Entry
(Age at Last Birthday) |
18 years
|