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(A Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Plan)

UIN: 104N093V03

Get a comprehensive protection against all stages of Cancer, with Max Life Cancer Insurance Plan.

key attractions

Lump sum Payouts

Payout on diagnosis, 100% cover amount is payable for even late-stage detection

Enhanced Insurance Coverage

Sum insured increase by 10% for every claim-free year upto maximum of 150% of base Sum Insured

​​Income Benefit for 5 years

If diagnosed with major stage cancer along with lump sum

Sum Assured and Eligibility

  • Sum Assured (Base Cover):

    • Minimum: Rs.10 lakhs

    • Maximum: Rs.50 lakhs

  • Entry Age:

    • Minimum: 25 years

    • Maximum: 65 years

  • Maturity Age:

    • Maximum: 75 Years

  • Policy Term:

    • Minimum: 10 Years

    • Maximum: 40 Years

Benefits

Death Benefit :

  • A Cancer insurance plan is meant to cover medical expenses related to cancer treatment and does not offer any death benefit

 

Maturity Benefit :

  • There is no Maturity Benefit under this plan

 

Seamless Claim Settlement Process :

  • Nominee contacts Max Life and a dedicated Claims Relationship Officer is assigned to him / her to assist in the claims process

Payment Options

  • Regular Pay - Premium payment term will be the same as the policy term.

  • Payment Mode:

    • Annual

    • Semi-Annual

    • Quarterly

    • Monthly

How Does It Work?

Scenario 1:

 

 

Scenario 2:

 

 

Scenario 3:

 

 

Scenario 4:

 

Illustration Disclaimer:

Kindly note that the above case studies are only examples and do not in any way create any rights and / or obligations. The actual experience of the policy may be different from what is shown above.

Disclaimers

YES Bank is a registered Corporate Agent of Max Life Insurance Company Limited under the Corporate Agency License no. CA0125. The Life Insurance Products are offered and underwritten by Max Life Insurance Company Limited having IRDAI Registration No:104, CIN: U74899PB2000PLC045626 having its corporate office at 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram (Haryana) -122 002

Max Life Cancer Insurance Plan, Non Linked Non Participating Individual Pure Risk Premium Health Insurance Plan UIN- 104N093V03 are obligations only of Max Life Insurance Company Limited. They are not Bank deposits or obligations of or guaranteed by YES Bank Limited. All claims under the policy will be solely decided upon by Max Life Insurance Company Limited.

The purchase of any insurance product by YES Bank Customers is purely voluntary and is not linked to availment of any other facility from YES Bank. For more details on risk factors, benefits, waiting period, exclusions, coverage, terms and conditions please read the sales brochure carefully before concluding the sale.

Tax benefits on the Insurance Product are subject to the conditions and limits mentioned in the Income Tax Act 1961 as amended from time to time. Customer is advised to take an independent view from tax consultant.

LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT.THIS LIFE INSURANCE PRODUCT IS OFFERED AND UNDERWRITTEN BY MAX LIFE INSURANCE CO. LTD. THE LIFE INSURANCE CONTRACT IS BETWEEN THE PROPOSER AND MAX LIFE INSURANCE CO LTD.

Max Life Insurance Co. Ltd. is a joint venture between Max Financial Services Limited and Axis Bank Ltd. Insurance is the subject matter of solicitation. For more details on the risk factors, Terms and Conditions, please read the sales and rider prospectus carefully before concluding a sale. 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. Customer Helpline number 1860 120 5577, Website- https://www.maxlifeinsurance.com/ , SMS 'LIFE' to 5616188.

Please note that all the tax benefits are subject to tax laws at the time of payment of premium or receipt of policy benefits by you. Policy holders are advised to consult tax expert for better clarification /interpretation.

ARN: Max Life/Yes Bank/CIP/Web Page/ June 2021

IRDAI Regn No: 104 I CA Regn. No. CA0125

For any queries with respect to Insurance Policies bought through YES Bank, kindly contact us at our Toll Free No: 18001200, Email ID: yestouch@yesbank.in, Website: www.yesbank.in

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.

For more details on YES Bank copyright & disclaimer and Privacy Policy, please visit our website www.yesbank.in

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Documents Required

  • MaxLife Cancer Insurance Plan - Premium Table
  • Commission Disclosure
  • MaxLife Cancer Insurance - Leaflet
  • MaxLife Cancer Insurance - Product Prospectus
  • MaxLife Cancer Insurance - Standard Disclaimer