Life Gain^TMPlus 20 (Par)

Benefits:

• Guaranteed financial protection
• Flexibility to choose premiumA regular payment made to the insurance company to keep the policy in force. payment term
• Additional protection through riders

Key Features:

Maturity Benefit:

On maturity of the policy, this plan provides 110 % of the Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. and paid-up additions, if any.

Death Benefit:

• Subject to the Policy remaining in full force, on the death of the Life Insured, we shall pay 200% of the Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. plus Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. of Paid Up Additions, if any

• On Death of the Policy Holder (if the Policy Holder and the Life Insured are different persons)

  Subject to the Policy remaining in full force, on the death of the Policy Holder, the Life Insured shall have the option to continue the policy by payment of premiums.

Terminal Illness Benefit:

On diagnosis of a terminal illnessA disease that cannot be cured or adequately treated and that is reasonably expected to result in the death of the patient within a relatively short period of time. with a life expectancy of six months or less, the Life AssuredThe person covered by a life insurance policy. The insurance company pays out on the death of the policyholder. will get:

• Up to 50 % of Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. (subject to a maximum of Rs. 5,00,000)

Remainder of Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. on the occurrence of the insured eventThe event that has been covered in the insurance policy.

BonusDividends paid to shareholders from funds created out of additional profits realised by the company. Options:

From third policy year onwards, you may be eligible for bonusDividends paid to shareholders from funds created out of additional profits realised by the company. and these will be paid out, based on your choice of bonusDividends paid to shareholders from funds created out of additional profits realised by the company. options:

• Cash BonusDividends paid to shareholders from funds created out of additional profits realised by the company., where you can take the bonusDividends paid to shareholders from funds created out of additional profits realised by the company. in cash
• PremiumA regular payment made to the insurance company to keep the policy in force. Offset, where you can use the bonusDividends paid to shareholders from funds created out of additional profits realised by the company. to pay a part of your premiumA regular payment made to the insurance company to keep the policy in force.
• Paid Up Additions, where you can use the bonusDividends paid to shareholders from funds created out of additional profits realised by the company. to permanently increase the Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured..

However, bonuses are not guaranteed and will be declared by the Company from time to time.

Multiple RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. Options:

To customize the plan to suit your individual needs, you can choose from six riderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. options.

Tax Benefits:

You may be entitled to certain tax benefits on your premiumA regular payment made to the insurance company to keep the policy in force.s and benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of premiumA regular payment made to the insurance company to keep the policy in force. or receipt of benefits by you. Tax benefits are subject to changes in tax laws.

Example:

A healthy 30-year old male buys Max Life Life Gain^TM Plus 20 Participating plan with a 10-year premiumA regular payment made to the insurance company to keep the policy in force. payment term for Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. of Rs. 4 Lac with an annual premiumA regular payment made to the insurance company to keep the policy in force. of Rs. 31,644 for a 20-year term.

Kindly note: The above is only an example and does not in any way create any rights and / or obligations. The actual experience on the contract may be different from the above example. The non-guaranteed low and high rates mentioned above relate to assumed investment returns at different rates and may vary depending upon market conditions. The premiumA regular payment made to the insurance company to keep the policy in force. mentioned is exclusive of service tax charges.

Modal factorsThe modal factor is usually a percentage of the annual premium. It is applicable if you decide to pay premium on a non-annual basis. for various premiumA regular payment made to the insurance company to keep the policy in force. modes are as follows:

Max Life Life Gain^TM Plus 20 Participating plan offers the riders below to customize your plan as per your needs:

Max Life Dread Disease RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104C010V02):

Max Life Dread Disease Rider Rates

Max Life Personal Accidental Benefit RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104C007V02) :

Max Life Personal Accidental Benefit Rider Rates

Max Life Term RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104B019V01):

Max Life Term Rider Rates

Max Life Waiver of PremiumA regular payment made to the insurance company to keep the policy in force. (WOP) RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104B018V01):

Max Life Waiver of Premium (WOP) Rider Rates

Max Life Five Year Renewable and Convertible Term Insurance (Non-Participating) RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. : (UIN: 104B012V01):

Max Life Five-Year Renewable and Convertible Tern Rider Rates

Max Life Payor RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104B013V02):

Max Life Payor Rider Rates