Smart Term Plan

Overview

At Max Life Insurance, we understand that as your life keeps evolving, your term plan should evolve too, to provide you with Life Cover that you need to protect your loved ones. Which is why, we present to you, Max Life Smart Term Plan. Smart Term Plan is a comprehensive and intelligent plan that fits and protects all your evolving needs.

Benefits

Illustration

EXAMPLE :

Anant is a 30-year old marketing analyst. He purchases the Max Life Smart Term Plan Life Cover Variant. The policy details are as follows:

Thus, after paying 7 premiums, he passes away. Subsequently, his nominee receives a lump sum benefit of Rs. 1 crore and the policy terminates.

Choice of multiple premium payment options:

At the time of purchase, you can also choose whether you want to pay the premium amount all at once, or you wish to pay the premium for a limited period only. In case you want to continue paying the premium amount throughout the policy tenure, you can do so too!

Max Life Smart Term Plan enables you to select a premium payment mode as per your budget so that you have enough bandwidth to take care of other expenses as well. You have the flexibility to choose to pay the premiums annually, half-yearly, quarterly, or every month.

Here is a summary of the different policy and premium payment options available under Max Life Smart Term Plan: