Max Life Fast Track Super

With Max Life Fast Track Super Plan, fast track your financial goals while providing protection to your family and their financial needs

1. Why This Plan?

• Achieve long-term goals while securing your future through a single plan

• Enjoy market-linked returns by investing in any of the six fund options

• Get additional loyalty rewards for staying invested

• Safeguard your investments against market volatilities with Systematic Fund Transfer and Dynamic Fund Allocation mechanism

• Guaranteed loyalty additions

• Flexibility to make Partial Withdrawals to meet unplanned expenses

2. Sum Assured and Eligibility

• Sum Assured: Minimum

• Single Pay (Rs.1,25,000)

• 5 Pay variant (Rs. 5,00,000)

• Regular Pay variant (Rs. 2,50,000)

• Entry Age : Min. 18 years, Max. 60 years (5 pay and Single Pay), 50 years (Regular Pay)

• Policy Term: 10 years (Single Pay and 5 Pay); 20 years (Regular Pay)

• Maturity Age: 70 years

3. Death Benefit :

• Level Death Benefit: On death of the Life Insured, higher of Sum Assured or Fund Value (as per the prevailing NAV as on the date of death), subject to a minimum of 105% of all premiums paid, shall be payable

4. Maturity / Survival Benefit :

• On maturity, you will be eligible to receive an amount equal to the Fund Value (provided settlement option has not been exercised).

5. Get Tax Benefits :

• You may be entitled to certain applicable tax benefits on 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. Tax benefits are subject to change in tax laws. It is advisable to seek an independent tax advice.

6. Flexible Premium Payment Options :

• Premium Payment Term: Single Pay, 5 years (5 Pay) and 20 years (Regular Pay)

• Payment Mode: Annual, Semi-Annual, Quarterly and Monthly.

7. Choose Your Investment Strategy :

• You may choose to invest in six funds available in this plan.

• Option to choose for either Systematic Transfer Plan or Dynamic Fund Allocation strategy

8. 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.

• Link to Claim Settlement Section / FAQs and Numbers.

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