Max Life Insurance Term Plan Review
Max Life Insurance Term Plan Details for all the Term Insurance Plans offered by Max Life Insurance is available on our site. The Max Life Insurance Company provides Max Life Online Term Plan, in which the Policy Holder can buy the Max Life Term Insurance Online. The Max Term Life Insurance plan gives the coverage for a limited period at a fixed rate of payments. Max Life Insurance Online Term Plan Provides financial support to the family of Insured in critical situations like unfortunate accidents that lead to a death of the insured person within the policy period. After the term period or term expires, coverage at the previous rates is no longer guaranteed. Initially, Max Term Life Insurance Plan is less expensive compared to other Life Insurance Plans. The Insured have the option to pay a premium in either single or regular basis. The Insured can pay the Premium of Max Life Online Term Plan by using Max Term Insurance Online Payment. You can calculate the premium for desired plan using Max Life Insurance Term Plan Premium Calculator.
The Other Max Insurance Term Plan provided by Max Life Insurance are Child Plans, Retirement Plans, Savings Plans, Group Plans, etc. Max Life Term Insurance Plans are Max Life Online Term Plan, Max Life Super Term Plan. The Policy Holder have to select the Max Life Insurance Term Plan, which suits best to you. The Life Cover amount varies according to the requirement of the Insured and also on the age of the Policy Holder. The Max Life Insurance Term Policy Details, Key Features & Benefits, Coverages is available below. The Max Term Insurance Plan can be paid Online by visiting the Max Life Insurance Website. The Official Website of Max Life Insurance is www.maxlifeinsurance.com.
Max Life Insurance Term Policy Details
The Max Life Insurance Term Policy Details consists of Key Features & Benefits, Coverages, Riders. The Policy Details of Max Life Insurance Term Plan is available below.
Max Life Term Insurance Key Features & Benefits
The Max Life Term Insurance Key Features & Benefits of all the Plans is available below.
Death Benefit
- If the death of the policyholder happens within the policy period, the sum assured will be payable to the nominee as a death benefit.
- The Nominee will get the extra benefit of monthly income that depends on the Plan selected.
Maturity Benefit
- No maturity Benefits are available in Term insurance plans, on the survival of Policyholder until the policy term expires.
Max Life Online Term Plan Key Features & Benefits
- The Online Application Process is hassle free and free of tedious paperwork.
- The Insured is provided with high sum assured discounts.
- A Free Look Period of 30 days is made available to the Policy Holder.
- On the Death of Insured, 100% sum assured as a lump sum.
- Max Term Insurance Plan Premium Payment is equal to Policy Term.
Max Life Super Term Plan Key Features & Benefits
- The Max Life Super Term Plan provides comprehensive insurance cover at affordable rates, which take care of the family of Insured in the case of the Policy Holder Death.
- The Policy Holder can choose the Policy Terms from a minimum of 10 years to maximum of 35 years.
- The Nominee of the Policy Holder receives 100% lump sum or 50% lump sum and remaining 50% as income for 10 years which will increase at 8.5% per annum, on the death of the Insured.
- The Max Life Super Term Plan offers the option of increasing Sum Assured, which increases by 5% per annum till the end of policy term.
Max Term Insurance Plan Riders
The Max Term Insurance Plan Riders varies for all the plans that are available below.
Max Life Online Term Plan Rider
Max Life Comprehensive Accident Benefit Rider
The Policy Holder can choose the Max Life Comprehensive Accident Benefit Rider, which provides additional protection against the unforeseen accident. The Benefits under this rider are payable over and above the base plan benefits. The Rider is available for both males and females, smokers and non-smokers. The Rider Term is for 10 to 35 years and the minimum sum assured is 50,000.
Max Life Super Term Plan Rider
Max Life Waiver of Premium Plus Rider
The Family of the Insured will get the premium amount in case of Death, Disease or Dismemberment of the Insured. The benefits under this rider are payable over and above the base plan benefits. The Minimum and Maximum Entry Age is 18 – 65 years. The Payment Mode of Premium is same as a base plan.
Max Life Insurance Term Plan Details
The Max Life Insurance Term Plan is the best plan provided by Max Life Insurance. For the Benefits of the Policy Holder, the Max Life Insurance provides various Term Insurance plans that are available below. The Insured can opt any of the plans according to the requirement. Here we are providing an overview of Coverages, Benefits and Key features offered by Max Life Insurance Online Term Plan.
List of Max Life Term Insurance Plans offered by Max Life Insurance
- Max Life Online Term Plan Basic Life Cover Plan.
- Max Life Online Term Plan Life Cover + Monthly Income Plan.
- Max Life Online Term Plan Life Cover + Increasing Monthly Income Plan.
- Max Life Super Term Plan.
Overview of Max Life Term Insurance Plans Review
The Different Max Life Term Insurance Plans are available below. The description for each Term Plan is explained below. The Insured have to read all the features of Max Life Insurance Term Plan before taking the Policy and opt for the plan which best suits to you and your family.
Max Life Online Term Plan Basic Life Cover Plan provides the Term Insurance for Policy Holders at an affordable price. This Plan is provided under Max Life Online Term Plan in which the Policy Holder can buy the Policy Online. This Plan is pure Term Plan, which provides only Death Benefit and No Maturity Benefit is provided. For Detailed information, please refer the below link.
Max Life Online Term Plan Basic Life Cover Plan
Max Life Online Term Plan Life Cover + Monthly Income Plan is pure Term Plan, which provides only Death Benefit and No Maturity Benefit is provided. The Plan Provides twin benefits such as sum assured and fixed income for a period of 10 years to the Nominee in the case of death of the Policy Holder. Discounts are provided for high sum assured. For More Information, please refer the below link.
Max Life Online Term Plan Life Cover + Monthly Income Plan
Max Life Online Term Plan Life Cover + Increasing Monthly Income Plan is provided under Max Life Online Term Plan. The Policy provides death benefit only, and no maturity benefit is provided. The Nominee will get the sum assured and monthly income for a period of 10 years. The Monthly Income increases every year at 10% simple rate of interest of the first year monthly income. For Detailed information, please refer the below link.
Max Life Online Term Plan Life Cover + Increasing Monthly Income Plan
Max Life Super Term Plan provides comprehensive insurance cover at affordable rates, which take care of the family of Insured in the case of the Policy Holder Death. The Policy Holder can choose the Policy Terms from a minimum of 10 years to maximum of 35 years. The Max Life Super Term Plan offers the option of increasing Sum Assured, which increases by 5% per annum till the end of policy term. For More Information, please refer the below link.
Max Life Super Term Plan
Max Life Insurance Term Plan Related Posts
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