Max Life Term Insurance offers you multiple term insurance plans based on the features, benefits, and eligibility criteria. Here are some of the term plans offered by Max Life Term Insurance.
Plan | Entry Age | Tenure | Min. Sum Assured | Unique Features |
---|---|---|---|---|
Max Life Saral Jeevan Bima Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, half-yearly, quarterly & monthly | Rs 5 lakhs |
|
Max Life Online Term Plus Plan | Minimum Age - 18 years Maximum Age - 60 years | Annual, half-yearly, quarterly & monthly | Rs 25 lakhs |
|
Max Life Premium Return Protection Plan | Minimum Age - 21 years Maximum Age - 55 years | Annual, half-yearly, quarterly & monthly | Rs 50 lakhs |
|
Max Life Smart Total Elite Protection Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, half-yearly, quarterly & monthly | Rs 1 crore |
|
Smart Secure Plus Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, half-yearly, quarterly & monthly | Rs 20 lakhs |
|
Here is a quick overview of the Max Life Term Insurance Plans listed in the above table.
Max Life Saral Jeevan Bima is a simple, easy-to-understand pure-term plan that provides adequate protection to meet your life insurance needs.
Name of the Rider | Benefits |
Max Life Waiver of Premium | It will waive off all future premiums and the benefits of the policy will remain the same in case of disability, dismemberment, or diagnosis of a listed critical illness. |
Max Life Comprehensive Accident Benefit Rider | Offers financial help to your dependents in addition to base policy benefits in case of the policyholder’s demise due to an accident. |
Max Life Terminal Illness Rider | Offers financial benefits in case the policyholder is diagnosed with any of the terminal illnesses. |
Max Life Total and Permanent Disability Cover | This rider offers financial benefits in case the policyholder becomes partially or totally disabled. |
Max Life Critical Illness and Disability Rider | In case the policyholder is diagnosed with any of the critical illnesses mentioned in the brochure then rider benefits are paid to them. |
Max Life Term Insurance is one of the most trustworthy and reliable insurer partners you can choose from. Here are the reasons why you should choose Max Life Term Insurance Plans:
Max Life Term Insurance Plans offer various additional benefits to the policyholders.
Max Life Term Plans such as Max Life Online Term Plan Plus offer special premium rates for smokers as well as females.
Some Max Life Term Plans such as Max Life Smart Secure Plus Plan offer you the option to cover your spouse under the same plan..
Max Life Term Plans such as Max Life Term Plan with Return of Premium (TROP) and Max Life Online Term Plan Plus offer you discounts on high sum assured options.
Max Life Smart Term Plan offers you multiple death benefit variants for policyholders to choose from as per their requirements.
Max Life Smart Secure Plus Plan offers a voluntary sum assured top-up option to the policyholders so that they can increase their sum assured.
There are various Max Life term plans based on their features, policy tenure, benefits, etc. You can choose the one that best suits your requirements.
These plans only provide a sum assured to the nominee in case of the death of the policyholder. No survival benefits are included.
These plans give the premium amount back to the policyholders only if they survive the policy term.
These plans offer monthly income to the policyholder’s dependents in case of the policyholder’s demise.
These plans offer inbuilt coverage against critical illnesses.
These plans offer inbuilt coverage against accident disability and death cover.
Here are the documents required to buy a Max Life Term Insurance Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
The claim settlement process for Max Life Term Plans is simple and hassle-free. The insurance provider gives you the option of settling a claim both online and offline. We have explained the process by which you can easily submit & settle your claim below:
Report your Max Life Term plan claim by visiting the claim section of the Max Life Insurance website.
Max Life’s customer support staff will review your claim form and will assist you at every step. Their staff will next evaluate your claim and notify you if any papers are still pending.
Your claim will be resolved once you have informed the insurance of your claim and the insurer has received all of the necessary documents.
The Max Life Term plan claim settlement procedure can be reported by visiting the local Max Life Branch Office. For the details of Max Life Insurance branches you can visit their website and locate the nearest branch. You have to submit the essential documents at the branch so that your claim can be processed.
If you have any more queries regarding Max Life Term Insurance Plans,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!
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