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    Term Insurance Age Limit – Term Plan for All Age Groups

    Term insurance plan is the basic form of life insurance that helps secure your family’s financial future in case something happens to you (the policyholder). It is, therefore, advisable that you purchase a term insurance plan early in your life – one that aligns with your lifestyle and varying financial goals. But, before buying a term plan you should be aware about the term insurance age limit in India. Let’s check the term insurance age limit and understand more about term insurance for all age groups in India....Read More

    Term Insurance and Investment Plans

    tax-icon.svg Tax Savings upto Rs 46,800##
    guard-icon.svg99.34% Claims Paid Ratio^
    discount.svg5% Discount3
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    tax-icon.svg Tax Savings upto Rs 46,800##
    guard-icon.svg99.34% Claims Paid Ratio^
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    Term Life Insurance

    ₹ 1 Crore Term Plan

    ₹ 2 Crore Term Plan

    Term Plan @ No Cost~1

    ₹ 3 L Premium Back^

    7.5%6 Guaranteed

    1 Cr Life cover + Premium of Rs.3L* Returned

    With Max Life Term Insurance Plan

    • benefits
      Premiums back~1 on exit
    • benefits
      Tax savings of up to Rs.46,800/-*

    Insure your future, start now.

    Please provide following information correctly as it will be used to calculate your eligibility.

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    *

    Disclaimer:

    Max Life Smart Secure Plus Plan. A non-linked non-participating individual pure risk premium life insurance plan| The premium calculated as per Standard premium for 30 year old healthy male, non-smoker, 40 years policy term, 40 years premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan and is rounded off from Rs. 3,23,717 . ~1 Condition for special exit value: Option to receive all premiums paid back at the age of 55 years and post which the life cover also gets terminated. Total premiums paid towards the policy (excl. GST) will be the Special Exit Value payable at the age of 55 years in case the policy holder wishes to completely exit the policy. Benefit available with special exit value -Total premium paid inclusive of any extra premium but exclusive of all applicable taxes, cesses or levies & modal extra. the total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums exclusive of all applicable taxes, cesses or levies. This value shall be applicable on the base cover premium only and not to additional optional benefits like ACI, Accident cover, Joint life cover and Voluntary Sum Assured Top-Up.

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    Written by

    Reviewed by

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    Rohit Ghosh

    Insurance Writer

    Rohit Ghosh has authored and reviewed several informative articles on Life and Term Insurance during his experience working with top Life Insurance brands. During his experience in the Life Insurance sector he has been responsible for formulation of several integrated marketing communication strategies. In his current role with Max Life Insurance he is responsible for website content and experience enhancement

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    Bhaskar Sinha

    Insurance Expert

    8+ years of experience in Life Insurance with expertise in Developing Life and Health Products, Digital Sales, Conducting effective trainings and Key Account Management.

    In Your 20s

    Most salaried and self-employed individuals start their careers in their 20s and usually do not have many responsibilities. Some individuals, however, may have to pay back their education loan, support their family financially, or have other liabilities.

    While falling into the term insurance age limit, having a term plan of 50 Lakhs or more will safeguard your dependents if something happens to you. For instance, term insurance of 50 lakhs will help your family pay off all the debts and saves themselves from any financial crisis.

    Since you fit well into the term insurance age limit in your 20s, you can also avail of the best term insurance plan coverage at the lowest possible premiums payable.

    For a 20 years old, non-smoking male, earning up to 5 lakh per annum, Max Life Smart Secure Plus Plan (UIN 104N118V05; Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan) with a life cover of 50 lakhs and a tenure of 40 years only costs Rs. 4,565 per year (inclusive of taxes) [1].

    Along with the Max Life term plan for 50 Lakhs, you also get the option of selecting additional riders for critical illnesses, accidental cover, premium back option and future premium waiver in case of critical illness.

    You should also know that the minimum age to buy term insurance may vary from one insurer to the other.

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    Coverage against 64 critical illnesses@

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    In Your 30s

    As you start a family in your 30s, it is the time when the responsibilities grow manifold. You may also have several financial liabilities, such as a house loan or car loan.

    Buying a term plan for 50 Lakhs or 1 crore life cover in your 30s can help you meet your life goals. In case of your unfortunate demise, having a life insurance policy of 50 lakhs or 1 crore will help your family deal with the burden of loans and other financial liabilities.

    If you think the premium of such a policy is out of your budget, opt for the one with lesser life cover, like term insurance for 20 Lakhs cover. Make sure you know well about the perks of buying it and term plan age limit.

    Along with considering the term insurance age limit in India, you can also select the suitable payout option according to your lifestyle and existing debt.

    In Your 40s

    When you reach the age of 40 or above, you may have paid back most of your debts, such as education, vehicle, or home loan. However, there are other responsibilities like retirement planning or taking care of medical expenses that may still exist.

    To fulfil such financial requirements, you need a comprehensive financial safety net in the form of a life insurance policy of 50 Lakhs or 1 crore life cover. As per the term insurance age limit criteria, it will help secure your family’s future and goals.

    Term insurance for 20 Lakhs life cover or more can help you meet such requirements. In case any contingency strikes and you are not around to look after your family, the insurance coverage will provide the necessary financial protection to help your family steer clear of any financial instability.

    Assuming you are 40 years old and a non-smoker. While choosing the Max Life Smart Secure Plus Plan (UIN: 104N118V05; Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan), you can opt for a cover of Rs. 50 lakhs with a 20-years term insurance plan by paying an annual premium of Rs. 10,241 The premium is slightly higher than buying the same in your 30s because your age now falls ahead of the midline of term plan age limit.

    As you grow old, the premium payable may also increase due to an increased affinity to develop common lifestyle ailments. Therefore, you should purchase term insurance in your early years while knowing the right age limit for term insurance plans.

    Already in Your 50s? Worry not!

    The premium for term insurance planincreases significantly once you are of age 50 years or above. It is still advisable to purchase the best term insurance for a 50 year old in India. You are eligible for a term plan if your age falls within the maximum age limit for term insurance plans.

    The life cover chosen within the maximum age for term life insurance purchase will help your loved ones pay off any unpaid debts that you may have incurred during your lifetime. Furthermore, it can also cover you against critical illnesses which may affect your health during the policy period.

    Make sure you read about maximum age for term insurance and the related benefits of buying term insurance for a 50 year old in India.

    Protect Life Goals with Term Insurance Plans

    Max Life Term Insurance plansoffer financial protection to your loved ones and help maintain their current lifestyle. They also provide various benefits that can help achieve your loved one’s life goals, pay off any debts, and have the maximum age for term insurance capped at 60.

    Some of our plans are:

    • Max Life Term Plan with Return of Premium (Max Life Smart Secure Plus Plan – UIN: 104N118V05) (upon policyholder’s selection of Premium Back Variant this product shall be a Non-Linked Non-Participating Individual Life Insurance Savings Plan)
    • Max Life Accelerated Critical Illness (ACI) Benefit (Can take along with Max Life Smart Secure Plus Plan UIN: 104N118V05)
    • Max Life Cancer Insurance Plan (UIN: 104N093V03; Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Plan)
    • Max Life Smart Secure Plus Plan (UIN: 104N118V05 ; Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan)

    Let us understand the rates of our term insurance plans with an example:

    Specifications

    Premiums payments for term insurance plans vary significantly for smokers as they have higher mortality rates and are more vulnerable to diseases.

    The following table summarizes the premium payable for our term insurance plans:

    • Max Life Smart Secure Plus Plan (A Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan, UIN: 104N118V05), Sum assured value: 50 lakhs
    • Term Insurance Plan period: mentioned against the premium, with maximum age limit for term insurance plans being 60 (75 for individuals who are 60 years old)

    Age (years)Annual term Policy Insurance period (Non-smoker/Female)RSAnnual term Policy Insurance period (Smoker/Female)RSAnnual term Policy Insurance period (Non-smoker/Male)RSAnnual term Policy Insurance period (Smoker/Male)RS
    204,266 (40-year Term)6,825 (40-year Term)4,565 (40-year Term)7,304 (40-year Term)
    305,268 (30-year Term)8,428 (30-year Term)6,095 (30-year Term)9,752 (30-year Term)
    408,211 (20-year Term)13,138 (20-year Term)10,241 (20-year Term)16,384 (20-year Term)
    5015,109 (10-year Term)24,174 (10-year Term)19,275 (10-year Term)30,839 (10-year Term))
    6037,006 (15-year Term)59,210 (15-year Term)49,298 (15-year Term)78,876 (15-year Term)

     Note: All the term insurance plan premiums are inclusive of GST, and applicable taxes as per the law.

    The term insurance premiums are as on 16th Aug, 2021 & subject to change without any prior information.

    Some key takeaways from the term insurance plan instance:

    1. For both genders, the term insurance plan premium increases with age. If you want to enjoy lower premium and other term plan benefits, buy the policy at a young age and consider the maximum age of term life insurance as well.

    2. If you are a smoker, the term insurance plan will have higher premiums, irrespective of the term insurance age limit specified by an insurer.

    3. It is good to quit smoking for better health and to have lower premiums on term insurance plans.

    You can also use our online term insurance plan calculator to know premium, pre-defined term insurance age limit, and other term plan benefits.

    Benefits Offered by Max Life Term Insurance Plans

    • You can purchase any term insurance plan having term insurance age limit up to 60 years of age
    • Our term plans offer some of the lowest possible premiums for significant insurance coverage up to 85 years of age. For instance, for a 28-years old non-smoking male, a life cover of Rs 1 crore (cover till 60 years of age) will have a premium payment of Rs 828 per month (including taxes), for the Max Life Smart Secure Plus Plan (A Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan, UIN: 104N118V05)
    • Max Life term insurance plans help your family continue their lifestyle by providing the sum assured as per the payout method chosen at the time of policy purchase.
    • Term plan benefits

      also include tax-savings under Section 80C of the IT Act. Besides saving money on premium payment, the sum assured received by your family is also exempted from tax as per applicable tax rules under Section 10(10D).

    You can avail of additional coverage with your term insurance plan by opting for riders – Max Life Waiver of Premium Plus Rider (UIN: 104B029V04, Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Rider) and Max Life Accidental Death and Dismemberment Rider (UIN: 104B027V03, Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Rider)

    Depending on the term insurance age limit, you can purchase the best term plan for your family at an affordable rate of premium. At Max Life Insurance, we provide term insurance plans with additional riders to help cover contingencies, such as critical illnesses, permanent and partial disabilities. Also, the maximum age for term insurance plans we offer is 60 years, while the minimum age to buy term insurance is 18 years.

    If you are speculating about term insurance age limit in India and other term plan benefits, read here to find out more about choosing

    So, if you are wondering what the right time is to buy a term insurance plan, explore Max Life’s product catalogue that is available both online and offline.

    ARN NO: Feb23/Bg/21J

    Sources:

    [1]https://www.maxlifeinsurance.com/term-insurance-plans/premium-calculator

    Disclaimer:

    *^Savings mentioned are indicative of the maximum premium difference when the same plan/variant is bought offline

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      • IRDAI is not involved in activities like selling insurance policies, announcing
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      *Life insurance coverage is available in this product. 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. Trade logo displayed belongs to Max Financial Services Ltd. and Axis Bank Ltd. respectively and with their consents, are used by Max Life Insurance Co.

      Insurance is the subject matter of solicitation. For more details on the risk factors, Terms and Conditions, please read the sales and rider prospectus carefully before concluding a sale. Tax benefits are eligible for tax exemption on fulfilling conditions mentioned under Section 10(10D) of income tax act 1961. Tax exemptions are as per our understanding of law and as per prevailing provisions of income tax at 1961 . Policy holders are advised to consult tax expert for better clarification /interpretation. Please note that all the tax benefits are subject to tax laws at the time of payment of premium or receipt of policy benefits by you. Tax benefits are subject to changes in tax laws. The monthly Income Benefit and Terminal Benefit may be taxable subject to extra premium being loaded at underwriting stage.

      Disclaimers for Market Linked Plans & Saving plans:

       

      THE UNIT LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF FIFTH YEAR.

      Unit Linked Insurance Products (ULIPs) are different from the traditional insurance products and are subject to the risk factors. The premium paid in the Unit Linked Life Insurance Policies is subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Max Life Insurance is only the name of the insurance company and Max Life Online Savings Plan (UIN: 104L098V05) is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these funds, their future prospects or returns.

      Max Life Online Savings Plan is a Unit Linked Non Participating Individual Life Insurance Plan (UIN104L098V05)

      *#Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your Insurer carrying on life insurance business. The assumed rates of return (4% p.a. and 8% p.a.) shown in the illustrative example are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your Policy depends on a number of factors including future investment performance. The guaranteed and non-guaranteed benefits are applicable only if all due premiums are paid.The Maturity Benefit shown in the illustrative example are inclusive/exclusive of taxes.

      ^*Disclaimer: Applicable for Titanium variant of Max Life Smart Fixed-return Digital (Premium payment of 5 years, Policy term of 10 years) and a healthy female of 18 years old paying Rs.3,60,000/- annually (exclusive of all applicable taxes)

       

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      ^^On completion of policy term

      The savings indicated is the maximum premium difference as compared with offline plan & depends on the variant purchased.

      ^*All claims that qualify for InstaClaim™ will be paid within 1 working day from date of submission of all mandatory documents else Max Life will pay interest at Bank Rate as on beginning of financial year in which claim has been received (4.65 % p.a. for FY’20) for every day of delay beyond one working day. Interest shall be at the bank rate that is prevalent at beginning of the financial year in which death claim has been received.

      Claims for policies completed 3 continuous years. All mandatory documents should be submitted before 3:00pm on a working day.Claim amount on all eligible policies4 is less than Rs. 1 Crore. Claim does not warrant any field verification.Mandatory Documents :> Original policy document > Original/attested copy of death certificate issued by local municipal authority > Death claim application form (Form A) > NEFT mandate form attested by bank authorities along with a cancelled cheque or bank account passbook along with nominees photo identity proof > Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

      7CMO Asia BFSI Excellence Award 2019

       

      5Criteria applicable only for “Term plans” for Graduate, Indian resident with declared income >= 10 lacs with CIBIL score >= 650 (salaried) and >= 700 (self-employed) with no disclosed medical condition

      4InstaClaim TM is available for all versions of (UIN:104N118V05). Mandatory Documents : • Original policy document • Original/attested copy of death certificate issued by local municipal authority • Death claim application form (Form A) • NEFT mandate form attested by bank authorities along with a cancelled cheque or bank account passbook along with nominees photo identity proof • Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

      ##

      Tax conditions :

      Save 46,800 on taxes if the insurance premium amount is Rs.1.5 lakh per annum and you are a Regular Individual, Fall under 30% income tax slab having taxable income less than Rs. 50 lakh and Opt for Old tax regime ~# Save 54,600 on taxes if the insurance premium amount is Rs.1.5 lakh per annum for life cover and 25,000 for critical illness cover and you are a Regular Individual, Fall under 30% income tax slab having taxable income less than Rs. 50 lakh and Opt for Old tax regime.

      3The discount is applicable if you are a salaried employee with a corporate. During policy issuance, Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

      CI Rider disclaimers:

      MAX LIFE CRITICAL ILLNESS AND DISABILITY RIDER (UIN- 104B033V01) available as a rider on payment of additional premium.

      >Extended cover of up to 85 years is available with gold and platinum variant only

      @ 64 critical illnesses covered in platinum and platinum plus variant on payment

      22 critical illnesses covered in gold and gold plus variant

      6 The life insurer is eligible for a discount on renewal premium under regular pay variant by accumulating Healthy Weeks as per terms and conditions of the rider

      *^Total premiums paid inclusive of any extra premium but exclusive of all applicable taxes, cesses or levies and modal extra. Return of premium option is available on payment of additional premium.

       ~ Conditions for premium break : Available at an additional premium for policies with policy term greater than 30 years and premium payment term greater than 21 years. Option to skip paying premium for 12 months. 2 premium breaks will be available during the premium payment term separated by an interval of at least 10 years

      ~1 Conditions for Special exit value:

      Option to receive all premiums paid back, at a specified point in the term of the policy (free of cost). Available when Return of Premium variant is not chosen. No additional premium to be paid.

      ~2 Voluntary Top-up Sum assured:

      Option to double your insurance cover, basis underwriting, at the time of your need by increasing your sum assured up to an additional 100% of base sum assured, chosen at inception

      ^^*^^Free look period conditions:

      The policyholder has a period of 30 days from the date of receipt of the policy document, to review the terms and conditions of the Policy, where if the policyholder disagrees to any of those terms or conditions, he / she has the option to return the Policy stating the reasons for his objections. The policyholder shall be entitled to a refund of the premiums paid, subject only to deduction of a proportionate risk premium for the period of cover and the expenses incurred by the company on medical examination of the lives insured and stamp duty charges.

      ^Individual Death Claims Paid Ratio as per IRDAI Annual Report FY 2021-2022

      8https://www.moneycontrol.com/news/business/economy/buy-term-insurance-now-as-rates-may-rise-from-april-1-4930921.html

      2Total premium will be charged at the time of the policy issuance (subject to underwriting’s decision).

      3The guaranteed benefits are available with selected life insurance plans & are applicable if all due premiums are paid

      4Tax benefits as per prevailing tax laws, subject to change

      Terms and conditions for availing 5% employee discount:

      <Due to system constraints, employee is requested to select 5 Lakh and above income which can be changed to actual amount on the information page.

      1 The 5% employee discount will be refunded to you once your policy is issued. Submit your documents for getting your policy issued and get 5% employee discount

      9

      The percentage savings is for a regular pay Max Life Smart Secure Plus Plan ( A Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan, UIN - 104N118V05)– Life Option for 1 cr life cover for a 35 year old, non-smoker male for a policy term of 40 years vs a 10 year policy term with the same details’

      ~*Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan (UIN:104N118V05)

      **Healthy non-smoking male, 24 years, 2 cr cover,25 years policy term,25 year premium payment term, exclusive pf GST for Max Life Smart Secure Plus Plan (UIN:104N118V05)

      ~~Healthy non-smoking male, 24 years, 1 cr cover,25 years policy term,25 year premium payment term, exclusive pf GST for Max Life Smart Secure Plus Plan (UIN:104N118V05)

      Max Life Smart Wealth Plan| A Non-Linked, Non-Participating, Individual Life Insurance Savings Plan| @Rs.9,68,800/- as lump sum at the end of 15 years, for 35 years old healthy male.

      ARN - ARN/Web/01/21042021

      Past performance of the investment funds do not indicate the future performance of the same. Investors in the Scheme are not being offered any guaranteed / assured returns.The premiums & funds are subject to certain charges related to the fund or to the premium paid.

      The premium shall be adjusted on the due date even if it has been received in advance.

      For Total Installment Premium -**Total Installment Premium is the Premium payable as per premium paying frequency chosen, it excludes GST and applicable taxes, cesses or levies, if any; and includes loadings for modal premiums, Underwriting Extra Premium and Rider Premiums if any.

      For Return of Premium -~The Return of Premium Option is available on payment of Additional Premium. Premium does not include amount paid for riders and is excluding taxes, cesses and levies. Upon Policyholder's selection of Return of Premium variant this product shall be a Non-Linked Non-Participating Individual Life Insurance Savings Plan.

      For Riders -#Applicable Rider available on the payment of Additional Premium is Max Life Critical Illness and Disability Rider | Non-Linked Non-Participating Individual Pure Risk Premium Health Insurance Rider |UIN: 104B033V01 . Critical Illness and Disability Rider variant opted is Platinum Plus which covers 64 critical Illnesses. The rider cover will only be paid in scenarios where customer is diagnosed with listed 64 critical illnesses or total and permanent disability. Rider will terminate after major critical illness claim is paid to the policyholder. In case customer requests for cancellation of rider only, the solution as a whole will be cancelled and not just the individual rider.

      For Additional Benefits -##On Payment of Additional Premium. The accident cover will only be paid in scenarios where death occurs due to accident.

      *~Disclaimer | Max Life Smart Secure Plus Plan. A non-linked non-participating individual pure risk premium life insurance plan |Benefit available with special exit value -Total premium paid inclusive of any extra premium but exclusive of all applicable taxes, cesses or levies & modal extra. The premium calculated as per Standard premium for 30 year old healthy male, non-smoker, 40 years policy term, 40 years premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan.

      6

      Applicable for Titanium variant of Max Life Smart Fixed-return Digital plan (Premium payment of 5 years and Policy term of 10 years) and a healthy male of 18 years paying Rs. 20,000/- per month (exclusive of all applicable taxes) with 7.50% return. Life Insurance is available with this product.

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      Policy continuance benefit is not available with lifelong wealth variant. **The accrued income will be accumulated on an annual basis at the prevailing reverse repo rate (publish on RBI’s website).

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      With “Save the date”, you can choose to take your annual income to any special date in a year.

      ***Available with early wealth variant. Income benefit will be paid as per selected plan terms.

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      Accidental death benefit is available in call variants except for Single premium variant. Life insurance coverage is available in this product.

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      Term Insurance plan bought online directly from Max Life Insurance has no commissions involved.

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      Max Life Smart Secure Plus Plan, A non-linked non-participating Individual Pure Risk Premium Life Insurance Plan| Standard Premium for 30 year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan| ~1 Conditions for special exit value: Option to receive all premiums paid back, at a specified point in the term of the policy (free of cost). Available when Return of premium variant is not chosen. No additional premium to be paid. Option to receive all premiums back (exclusive of GST). Flexibility of exiting the plan early. Special Exit Value cover applicable till age 68 & above (of your age). T&C Apply.

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      Applicable for Titanium variant of Max Life Smart Fixed-return Digital plan (Premium payment of 5 years and Policy term of 10 years) and a healthy male of 18 years paying Rs. 20,000/- per month (exclusive of all applicable taxes) with 7.50% return. Life Insurance is available with this product.

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      Max Life Critical illness and Disability (UIN- 104B033V01) available as a rider on payment of additional premium. 64 critical illnesses covered in platinum and platinum plus variant on payment.

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      Available on Payment of Additional Premium. The accident cover will only be paid in scenarios where death occurs due to accident.

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      Available with Max Life Smart Wealth Plan (UIN: 104N116V08)

      8

      Available with Max Life Smart Fixed-return Digital Plan (UIN:104N123V03). The guaranteed benefits are available with selected life insurance plans & are applicable if all due premiums are paid.

      **Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan (UIN:104N118V05) with a life cover of Rs. 50 lakh.

      **Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan (UIN:104N118V05) with a life cover of Rs. 75 lakh.

      **Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan (UIN:104N118V05) with a life cover of Rs. 1.5 Cr.

      **Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan (UIN:104N118V05) with a life cover of Rs. 2 Cr.

      **Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Max Life Smart Secure Plus Plan (UIN:104N118V05) with a life cover of Rs. 5 Cr.

      **Our Life insurance policies cover COVID-19 life claims under life insurance claims, are subject to applicable terms and conditions of the policy contract and extant regulatory framework.