Max Life Whole Life Super
Max Life Whole Life Super
A life cover today. A legacy tomorrow
(A Non-Linked Participating Savings Insurance Plan; UIN:104N080V03)
Get guaranteed lifetime protection: The plan offers you guaranteed protection till age 100 which continues to grow through accrued bonuses (if any). On attainment of age 100, this plan gives you 100% of Guaranteed Maturity Sum Assured along with Accrued Paid Up Additions (if any) and Terminal Bonus (if any).
Flexible premium payment terms: You can choose either 10, 15 or 20 years as your premium payment term, as per your convenience
Flexible Bonus options: The plan offers the flexibility to choose among the following bonus options basis your need:
Paid in Cash: Bonus declared is paid out to you;
Premium Offset –Bonus declared is used to offset future premiums payable by you;
Paid Up Additions – Bonus declared is used to purchase additional sum assured that helps you boost the policy benefits through power of compounding.
Access your money through Paid Up Additions Withdrawal: In case you have chosen Paid Up Additions as bonus option, you have the flexibility to withdraw the cash value of the same in case of any need.
Terminal Illness Benefit: The plan offers unique Terminal Illness benefit, in which if the Life Insured is found to be suffering from terminal illness that is likely to lead to his/her death, within six months of diagnosis in the opinion of registered medical practitioner, the Company will advance 50% of the Guaranteed Maturity Sum Assured (up to maximum of Rs. 10 Lakhs across all policies which provide this benefit) immediately on Policyholder's request.
Riders: On happening of the insured event if the rider is chosen:
Max Life Term Plus Rider , Non linked rider (UIN – 104B026V02)
Max Life Accidental Death & Dismemberment Rider, Non linked rider (UIN – 104B027V02)
Max Life Waiver Of Premium Plus Rider, Non linked rider (UIN – 104B029V02)
For more details on the rider and the various terms and conditions, please refer to the Rider Prospectus(s) available at www.maxlifeinsurance.com
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 Rider 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.
ARN: Max Life/YBL/Website/WLS/ Jan 2018
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.
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