Max Life-Life Gain Premier
Max Life-Life Gain Premier
Max Life Life Gain Premier – Because moments are enjoyed and dreams are lived when your life’s commitments are fulfilled
(A Non-Linked Participating Savings Insurance Plan; UIN : 104N079V03)
Flexible Premium Payment Terms and Policy Terms: The plan offers you 6 options to choose from, basis your need:
6 or 8 years Premium Payment Terms with Policy Terms of 15 and 20 years
10 years Premium Payment Term with Policy Term of 20 years
12 years Premium Payment Term with Policy Term of 25 years
Guaranteed Maturity Benefit - The plan offers 100% of Guaranteed Maturity Sum Assured on the maturity of the policy. Additionally Accrued Paid Up Additions (if any) and Terminal Bonus (if any) on maturity of the policy shall be paid
Guaranteed Death Benefit: The plan offers a guaranteed death benefit to ensure financial security of your loved ones
Flexible Bonus Option: The plan offers the flexibility to choose the bonus option basis your need. You can choose to take the bonus in cash or offset your premiums through the bonus or enjoy the power of compounding through ‘Paid-up Additions’ Bonus option. Bonuses, once declared, will be guaranteed and paid on death of the life insured or maturity of the policy.
Terminal Illness Benefit: The Company will pay 50% of Guaranteed Maturity Sum Assured (subject to maximum of Rs.10 lakhs) to you as an advance, in case the Life Insured is diagnosed to be suffering from a disease which is likely to lead to his/her death within six months
Life Insurance coverage is available in this product. The 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 Company Limited is a Joint Venture between Max Financial Services Limited and Mitsui Sumitomo Insurance Co. Ltd.
Max Life Insurance Co. Ltd.11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram - 122002 (Haryana). IRDAI Registration No. – 104. For more details on risk factors, Terms and Conditions, please read the Prospectus carefully before concluding a sale. You may be entitled to certain applicable tax benefits on your premiums and policy benefits. Please note 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 changes in tax laws. Insurance is the subject matter of solicitation. Trade logos displayed belong to Max Financial Services Limited and Mitsui Sumitomo Insurance Co. Ltd. respectively and are used by Max Life Insurance Co. Ltd. under a license. For more details on the rider and the various terms and conditions, please refer to the Prospectus(s) available at www.maxlifeinsurance.com. For further details, call Toll free number –1800 200 5577
YES BANK Limited is the Corporate Agent of Max Life Insurance Co. Ltd. Registered Office: YES BANK Limited, Nehru Centre, 9th Floor, Discovery of India, Dr. A.B. Road, Worli, Mumbai – 400 018. IRDAI Certificate Regn. No. CA0125 The purchase of a Max Life Insurance product by YES BANK’s customer is purely on a voluntary basis. As YES BANK is not in the business of insurance, there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI clarifies to public that
IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums
IRDAI does not announce any bonus
Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
ARN: Max Life/YBL/Website/LGP/ Jan 2018
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