What is life insurance?
Life Insurance plan is a contract between an individual (policyholder) and an insurance company (insurer). Under the contract, the policyholder pays a certain sum of money as a premium to the insurance company. In return, the insurer promises to pay a specific sum of money (sum assured) to help cover all financial expenses.
Life Insurance in Simple Terms
Life insurance is one of the simple ways you can ensure that your pockets and financial plans are not severely affected by an unforeseen contingency like sudden hospitalization, disability, or death.
In case of your demise, the insurance money (or death benefit) paid by insurance company will help your family maintain their lifestyle and pursue their goals without depending on anyone else.
Although the death benefit is the primary feature of life insurance, you can add many other benefits such as health cover and disability cover.
What are the important life insurance terms that you must know?
1. Who is the Policyholder?
The policyholder is an individual who purchases a life insurance plan. If you are working and earning a salary, then you can purchase life insurance as a policyholder. However, if you do not have a source of income, you cannot buy a life insurance plan for yourself.
2. What is Sum Assured?
It means an amount as specified in the term insurance policy schedule, which is payable to your nominee upon your death. In other words, it is the life cover amount that the insurance company promises to pay your family in case of your unexpected death within the policy tenure.
The calculation of the maximum value of sum assured and required premium amount is based on your current income, selected policy tenure and the mode of payout.. You can use an online life insurance calculator to get an estimate of the Sum Assured and the premium amount payable that you can avail under a plan.
3. Who is a Nominee?
The nominee is the individual who receives the insurance plan benefit amount (the Sum Assured of the policy), after the death of the life insured. Therefore, the nominee should be a family member.
While you can include your mother, father, spouse, or child as a nominee, it is also possible to nominate relatives such as an uncle, aunt, and nephew.
How to choose a nominee for your Life Insurance?
The choice of the nominee is entirely dependent on the policyholder. Therefore, you need to assess your family’s needs and the nominee’s accountability before appointing a nominee who will benefit from the compensation.
When buying a life insurance plan, you can nominate your mother, father, spouse, or child as the nominee.
Moreover, if you’re wondering, “Can I choose more than one nominees?” The answer is, “yes.” Insurance companies allow policyholders to choose more than one nominee, in case they wish to do so.
You can either add multiple nominees who will be eligible to divide the sum assured (the insurance death benefit) amongst themselves in equal proportion after the death of the policyholder, or one can specify the percentage in which the death benefit has to be divided.
4. What do you mean by life insurance term (coverage period)?
The period of coverage is defined as a specific period, within which the insurance protection is granted to a policyholder. For most life insurance types, you can freely choose the coverage period.
Therefore, it is advisable that you select a coverage period that helps you extend the life insurance protection over most of your working life. This way, you can make sure that your insurance plan is active while you achieve important goals in life, such as buying a home, financing your child’s education and marriage.
What period of Coverage should you choose?
Ideally, you must purchase life insurance for a tenure that at least coincides with your working years. For example, if you are 25 years old and plan to retire at the age of 60, the cover period should be 35 years. On the other hand, if your financial goals would stretch beyond your retirement (such as child’s marriage), you must choose a policy tenure, long enough to help you cover all such events.
Why Should You Purchase Life Insurance?
Whether you are a young professional, newly married, a young parent, or nearing retirement, your family’s happiness and security is always a top priority. You take care of your family’s financial needs, providing them with a suitable lifestyle.
However, if anything unfortunate happens to you, the household needs and dreams of your family should not suffer. Life insurance can ensure that your dependents can look after themselves and meet their goals even when you are not around.
When you purchase term insurance plan, you choose a significantly large amount of money (life insurance cover/sum assured) that your family will receive after your death during the policy term. After your death, the life cover amount will assist your family to cope with the sudden loss of income and maintain their current lifestyle.
You can use an online life insurance calculator to get an estimate of the highest possible life cover that is available under the plan and the premium amount payable. This way, you can make sure that you have the best possible financial protection for your family.
Moreover, life insurance can help you avail significant tax benefits and by buying Critical illness benefit rider (available at an additional cost) will protect you against serious health issues, such as heart conditions, cancer, brain tumour etc.
What are the benefits of Life Insurance?
“Who will get the benefit of your life insurance?
How Life Insurance will help if anything happens to me?”
Such questions usually cross one’s mind when they plan to buy life insurance.
You need to understand that life insurance can offer many more benefits than just a large sum to your family at your untimely demise. The following are some significant benefits of buying life Insurance
Death Benefit
The death benefit is the primary feature of a life insurance plan, and regardless of which type of plan you invest in, the death benefit remains integral. You should ensure that your family has adequate death benefit cover to take care of the household expenses, as well as future financial goals.
Investment benefits
In general, life insurance plans not only serve as financial instruments to provide a replacement for income loss, but they also function as an investment opportunity. Throughout the policy tenure, you can avail significant returns on your investment. Moreover, there are various life insurance plans available that provide considerable returns on the completion of the policy term; thus, helping you meet your investment goals while protecting your family against an unexpected income loss.
Tax exemptions
You can use your life insurance policy as an essential tax planning tool. When you purchase life insurance, you become eligible to avail comprehensive tax benefits under the Income Tax Act of C. The policy premium paid qualifies for tax deductions under Section 80C of the Income Tax Act of 1961, subject to existing tax laws.
Protection from critical illnesses
Life insurance plans help protect your savings in case you are diagnosed with a severe health condition. Life insurance plans from Max Life Insurance offer protection cover against 40 critical illnesses, including kidney failure, cancer, heart attack, and stroke, through its Accelerated Critical Illness (CI) Benefit. Thus, the policyholder will receive a lump sum if he or she is diagnosed with any critical health conditions as outlined by the rider.
Create wealth to fulfil your life goals
When it comes to financial planning, life insurance is one of the best options to provide risk protection and steady pay-outs. Be it securing your child’s future or planning for your retirement, buying a life insurance plan can help you take care of important life goals, while ensuring financial security for yourself and your family.
What are the Types of Life Insurance Plans?
Life insurance is not a single product; instead, it has many forms. Most common types of life insurance include term plans, unit linked insurance plans, endowment plans, and retirement plans.
Thus, you need first to understand the working of each form of life insurance and then compare between plans to see which one suits you the best, in terms of benefits as well as affordability. Using a life insurance calculator here can help you assess your life cover requirement and choose the most suitable plan variant.
Let us take a closer look at the different life insurance plans in detail:
Term plans
Term insurance is the purest and most affordable form of life insurance. A term plan offers a high death risk cover at affordable premiums for a specific period. Thus, in case of your untimely demise during the policy tenure, the insurance company will pay the death benefit to your nominee.
Moreover, you have the option to enhance your coverage through rider add-ons and choose the death benefit payout method (payable as a lump sum, monthly payouts, or their combination).
Typically, term insurance plans do not have any maturity value. However, Max Life Smart Term Plan (Mention UIN, nature and type pf the product) pays back the entire premium amount paid if you outlive the policy tenure.
Unit Linked Insurance Plans
ULIP is a long-term investment option that offers a comprehensive combination of insurance and investment benefits. A portion of the premium paid towards a ULIP is used as a risk cover (insurance) while the remaining part is available for investments.
You can choose to invest in different fund options offered by the insurance company. The insurance company then invests the accumulated amount, on your behalf.
You can also monitor the fund performance of ULIP investments through their Net Asset Value (NAV). The NAV of each fund is updated on a daily basis. ULIP plans help you to alter your fund allocation by choosing switching and/or premium redirection options.
Child Plan
A child plan is a type of ULIP that helps you create wealth to support your child’s higher education. These plans provide you the flexibility to invest into different funds, based on your current financial status and your child’s education needs.
In general, child insurance plans provide a life cover, which is approximately 10 times the annual pay. The life cover is available as a lumpsum payment at the end of the policy tenure. Not only this, child plans provide flexible payout options to help you take care of the important milestones of your child's education.
Endowment Plans
Endowment plan is another type of life insurance plans that offer a combination of insurance and savings benefits.
In an endowment plan, one receives the twin benefit of life cover and savings. In case you outlive the policy term; the insurance company will offer you the maturity benefit.
Also, you will be eligible to receive periodic bonuses (in par products), paid either on maturity or to your nominee along with the death benefit. Under Non par products you receive a guaranteed amount on maturity or on earlier death
Retirement Plan
Retirement plans (Deferred pension products) help to build a corpus for your retirement so that you can remain financially independent even after your working years are over. You can save systematically to build your retirement corpus.
In case of your unfortunate demise, during the policy term, your nominee will receive immediate payment from the insurance company. The amount paid here will be higher of fund value or coverage or 105% of premiums paid.
On the other hand, vesting benefit will be payable if you survive the maturity age. Here, you will receive the payout, in the form of the fund value, which can be invested into an annuity.
Immediate Annuity products help you to get periodic instalments as annuity payouts.
Which Life Insurance plan suits your need?
When it comes to buying life insurance, the “one size fits all” does not work. Each has a different perception towards life, and therefore, seeks a plan that is personalized according to his or her needs.
At Max Life Insurance; therefore, you can find flexible life insurance plans that can be customized to match your age and unique set of life goals and protection needs. Let us help you with a small guide to assessing your insurance need as per your life stage:
Life stage |
What Form of Life Insurance You Need |
Plans to Consider |
Young and unmarried |
A savings plan, health insurance |
Max Life Cancer Insurance Plan |
Married with no children |
Term insurance, savings plan, health insurance |
Max Life Online Term Plan Plus Max Life Premium Return Protection Plan Max Life Cancer Insurance Plan
|
Married with young children |
Term insurance, savings plan, health insurance, child’s plan |
Max Life Online Term Plan Plus Max Life Premium Return Protection Plan Max Life Cancer Insurance Plan Max Life Child Insurance Plans
|
Parents with teenage children |
Term insurance, savings plan, health insurance, child’s plan |
Max Life Online Term Plan Plus Max Life Premium Return Protection Plan Max Life Cancer Insurance Plan Max Life Child Insurance Plans
|
Nearing retirement |
Health insurance, term insurance, savings plan |
Max Life Online Term Plan Plus |
Questions that you need to ask while buying life insurance
What will be the ideal life insurance cover for you?
Typically, as per the experts of the industry, the life cover you can and should buy will be 10 to 15 times your annual income.
It is advisable that you assess your current income, existing liabilities (for example, home loan), and future financial needs. Subsequently, you may decide an insurance amount that is suitably high to help take care of all the liabilities and future requirements.
You can use a life insurance calculator to get an estimate of the total life insurance coverage that you can avail and the required premium payable. After that, you can proceed to select a plan variant that matches your insurance needs.
Will you get your money back if you survive the term of your Life Insurance?
In general, life insurance plans offer maturity benefits upon surviving the policy term (for example, retirement plans, savings plans). On the other hand; there are no maturity benefits with term insurance plans.
However, many insurance companies have started to offer term plan variants with the return of premium feature. Therefore, you can not only avail comprehensive life cover benefits at a low premium cost but also get a guaranteed return of total premiums paid after surviving the policy term.
Max Life Insurance’s Smart Term Plan offers you both regular (where the policy tenure is same as the premium payment tenure) and a limited premium payment tenure (in the form of Single Pay and Pay till 60), for insurance coverage of up to 50 years. Also, you get back the total amount of premiums paid upon completion of the policy cover.
How can Term Insurance plans help beat inflation?
Life insurance is a long-term commitment. Your term insurance cover may seem adequate for now, but once you factor-in the rising inflation and increasing cost of living, the life cover amount might not be sufficient to support your family’s lifestyle needs in the future.
Like most other investments the final value of life cover is affected by the rate of inflation. Therefore, you need to select a term insurance plan that offers an increasing income benefit to help beat the impact of inflation.
When you purchase the Smart Term Plan from Max Life, you may choose the “Life Cover + Inflation Protector (Increasing Income)” payout, in which your nominee would receive 100% of the sum assured immediately after your demise. Along with the lump sum, the nominee would receive an increasing monthly income for ten years, which is 0.4% of the Sum Assured for the first year. The monthly income would subsequently increase every year by 10% of the monthly income from the first year.
For example, if you have chosen the sum assured of Rs. 1 crore as life cover, your nominee would receive the entire Rs. One crore immediately at the time of your demise. Along with it, they will also receive Rs: 40, 000 every month for the first year. Subsequently, from the second year onwards, the monthly payout amount would increase by 10%, and continue to do so, for ten years from the year of your demise. Thus, your nominee would receive a monthly income of Rs. 44,000 and henceforth .
How Can Savings (ULIPs) Plans from Max Life Help Beat Inflation?
When you purchase savings plans from Max Life (these are inherently ULIP plans), you are eligible to receive both death benefit and earned proceeds as maturity benefit. You would avail investment returns on the paid premium as maturity benefit from the plan, and in case of your demise, your family would receive both the accumulated returns and the lump sum payment of the sum assured, upon your demise.
Here’s a breakdown of the expected returns (for a standard male) from the savings plans from Max Life Insurance:
Scenario |
Example 1 |
Example 2 |
Example 3 |
Age of Life Insured (years) |
35 years |
35 years |
35 years |
Premium Payment Term (years) |
1 |
5 |
20 |
Policy Term (years) |
10 |
10 |
20 |
Annualised Premium |
Rs. 150,000 |
Rs. 75,000 |
Rs. 40,000 |
Maturity Value (@4%)* |
Rs. 171,107 |
Rs. 386,734 |
Rs. 998,765 |
Maturity Value (@8%)* |
Rs. 253,651 |
Rs. 534,657 |
Rs. 1,573,007 |
*Please note that the above-assumed rates of return, 4%, and 8%, are only scenarios at these rates after recovering all applicable charges. These are not guaranteed, and they are not the upper or lower limits of returns of the investments selected in your savings plan, as the performance of the individual funds is dependent on several factors including future investment performance.
To get an estimate of your value, you can use this life insurance calculator .
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Who can buy Life Insurance?
Any individual aging between 18 years to 65 years can purchase life insurance in India. While both male and female policy buyers enjoy the same premium rates, female buyers have an additional offset on the rate of premium and a high cancer care cover.
As per the India Protection Quotient report by Max Life, approximately 65% of Indians living in the urban areas own life insurance.
Can a smoker buy life insurance?
While insurance companies offer low rates of premium to non-smokers, smokers too can avail life insurance. However, they have to inform the insurance company about their smoking habit at the time of purchase of the policy itself. In case you choose not to make the disclosure, you may risk rejection of your claim later.
Also, smokers usually pay up a higher premium amount than the non-smokers. Furthermore, the premium amount may vary according to the different categories of smokers, as described below:
- Typical Smoker (a smoker with supplementary small health matter)
- Preferred Smoker (an otherwise fit smoker)
- Table Rated Smoker (a smoker with a noteworthy physical condition)
Can a disabled person buy Life Insurance?
A disabled can purchase life insurance; however, they need to:
1. Prove that they provide financially for their family (individuals with disability will need to submit documents to establish their paid employment and the number of dependents)
2. Undergo a medical test, to determine and estimate the risks (insurance companies need medical evaluations to calculate the premium the disabled individual may need to pay for the life coverage)
If an individual is experiencing blindness, mental disorders, or have complete immobility, they may not be able to buy a life insurance plan. In any case, it is important that they inform the insurance company about their disability at the time of purchase of the policy itself. In case you choose not to make the disclosure, you may risk rejection of your claim later.
If you have a pre-existing illness, can you purchase life insurance?
Individuals with a pre-existing health condition can purchase life insurance. However, it is important that they inform the insurance company about any pre-existing health condition at the time of purchase of the policy itself. In case you choose not to make the disclosure, you may risk rejection of your claim later.
Typically, individuals with a pre-existing illness may have to pay a higher premium amount for the insurance cover (this is called premium loading). In addition:
- You may have waiting period of at least 90 days, only after which, your pre-existing conditions would be covered under the plan
- You will have to undergo a comprehensive check-up, based on which the insurer will decide whether to issue you a life insurance policy or not
- In case you have a pre-existing health condition that is chronic and severe such as high diabetes, cancer or a medical history of heart attack, the insurance company may deny issuing a policy to you
If you have a pre-existing illness, it is advisable to fully disclose your condition to the insurer and discuss your case, to get the best possible form of life insurance.
How to choose the right life Insurance provider?
The next crucial step is to choose the right insurance company based on its customer assistance, plan benefits, and claim settlement ration. Here’s are a few terms you need to understand first:
1. What is their Claim Settlement Ratio (CSR)?
Claim settlement is the ratio between the number of claims successfully disbursed by an insurance company and the number of claims they have received in a financial year.
For example, a claims settlement ratio of 98% means that the insurance company has settled 98 out of 100 death claims filed in that particular year. Therefore, higher the CSR, better are the chances of your death claim getting settled.
Also, you need to compare the year-on-year CSR for the insurance company to check if they have been consistent in paying the life insurance claims.
2. What is their Solvency Ratio?
Solvency Ratio refers to the ability of an insurance company to have a sufficient cash flow to take care of its debts.
Thus, you can expect hassle-free claim settlement from your insurance plan if the insurance company depicts a strong ability to meet their short-term and long-term liabilities.
3. How much will the plan cost you?
Each life insurance plan is priced differently. Given the fact that you have to pay the premiums at regular intervals to keep your life plan active; you need to choose an insurance plan that is cost effective. In case the premium is too high, and you cannot afford to pay the premium, you may risk losing your life cover.
How much money can you get from Life Insurance (Term Insurance)?
Life insurance payouts are usually lump sum, as in the case of term plans, where there is only the component of the death benefit. i.e. the policyholder’s family, who received a lump sum amount as a plan benefit.
With changing times; however, policyholders can choose between three different payout modes, at the time of purchase of the policy, namely:
Basic Life Cover
Your dependents receive a one-time lump sum payout as term plan payout.
Fixed Income
Your nominee receive the policy benefit in the form of a fixed level monthly income for up to a specific period, as selected at the time of policy purchase.
Increasing Income
Your dependents receive the policy benefit in the form of an increasing monthly income for up to a specific period, as selected at the time of policy purchase.
Basic Life Cover + Monthly Income
Your dependents receive the payout in the form of monthly income for ten years in addition to the lump sum amount.
Basic Life Cover + Increasing Monthly Income
Your dependents receive the term plan payout in the form of an increasing monthly income, in addition to lumpsum amount.
Increasing Cover
Under this option, the sum assured increases at a fixed rate every policy anniversary. At the time of your demise, your family would receive the Sum Assured effective as on the last policy anniversary, as lump sum payout.
Reducing Cover
Under this variant, the sum assured decreases by a fixed rate on completion of every 5th Policy year. Upon your demise within the policy tenure, your nominee would receive the Sum Assured effective on the last policy anniversary, as lump sum payout.
How easy is it to buy Life Insurance?
Buying life insurance from Max Life is quick and hassle-free. Here are a few hallmarks of our life insurance plans:
- Multiple channels for a seamless buying experience
- No bulky paperwork while buying or paying a premium for policies
- Dedicated claim settlement officer to make the claim process effortless
- Multiple premium payment channels, including net banking, digital wallet, credit cards, and debit cards
Here is the breakdown of our life insurance buying process:
Step 1: Select your policy term, and the sum assured
The first step of buying life insurance is to use the online life insurance calculator to calculate the premium for the desired sum assured and tenure of the plan.
Note: The ideal benefit amount for your life insurance plan should be 10 to 15 times your annual take-away income.
Step 2: Choose Riders
The next step will be to choose add-on benefits, in the form of riders over and above the base cover. These additional benefits enhance your financial protection in case of unfortunate events such as a disability or being diagnosed with a life-threatening health condition. These optional benefits are available on payment of additional premium.
You can choose from the following rider options:
* Critical illness cover that offers to cover up to 40 illnesses
* Accidental death and disability benefit
* Premium waiver benefit, applicable in case of diagnosis of critical health condition or disability
Step 3: Payment of Premium
After selecting the plan and its benefits, you can proceed to complete filing of personal information and pay the premium. You will need to fill out the following information and make the payment:
* Income, education, and profession details
* Nominee details
* Present Address (where the insurer conduct will conduct a medical test)
You have the option to pay the premium online using net banking, debit or credit card
Step 4: Fill out the Proposal Form
Essentially, the proposal form is a detailed version of your application form, which focuses on the information related to your life such as your lifestyle habits (such as smoking and drinking) and medical history (including that of your parents)
Step 5: Medical Tests
“What medical tests I need to undergo while getting insured? Is it mandatory to undergo a medical test while buying life insurance?” These are some fundamental questions many people face while exploring life insurance options.
In some cases, based on individual life-risk, a medical test may be proposed. The medical test is a requirement, usually after the successful completion of the proposal form and document submission.
How can you pay for a Life Insurance?
Life insurance plans allow you to pay the premium either in one go (single payment) or through regular payments (annual, semi-annual, quarterly, or monthly). Max Life Smart Term Plan also offers the option to pay the premium for a limited payment tenure (Pay till 60).
While in a single-pay insurance plan, you have to pay the entire premium amount upfront at the time of purchase of the policy. On the other hand, limited premium payment tenure allows you to avail life cover throughout the policy tenure, while paying the premium for a time period less than the policy tenure.
Regular premium payment options allow you to pay in the following premium payment modes:
- Annual : You have to pay the annualized premium (the total of Annual premium and any extra premium) once a year.
- Semi-annual : You have to pay half of the annualized premium once in every six months, throughout the premium payment term.
- Quarterly : You have to pay one-third of the annualized premium once every four months, throughout the premium payment term.
- Monthly : There are twelve equal parts of the annualized premium, which are payable every month.
It is essential to know here that the policyholder can change the premium payment mode during the premium payment term.
Also, modal factors are applicable for modes other than the annual payment mode, to help the insurers cover for loss of interest arising out of policyholder not paying the entire premium up front.
Typically depicted as a percentage, the modal factor is the frequency, which a policyholder chooses to pay the term plan premium.
For Max Life Insurance plans, the following modal factors are applicable:
Payment Mode |
Modal Factor |
Annual |
1.000 |
Half Yearly |
0.520 |
Quarterly |
0.265 |
Monthly |
0.090 |
What are the documents you need to get life insurance in India?
According to the insurance regulator, the following documents qualify as mandatory while purchasing a life Insurance plan is
Validation Type |
Valid Documents |
Age Proof
|
|
Address
|
|
Photo identity |
|
Income proof |
|
Additional documents |
|
Why Choose Max Life Insurance?
With one of the financially stable business structure, high claim settlement ratio for FY 17-18 as per IRDAI Annual report, multiple policy options, personalized assistance, and quality service, Max Life Insurance offers you comprehensive financial protection against the uncertainties of life. Here is how Max Life helps you choose an insurance variant that suits your current life stage and future life goals:
- Tailor-made plans to match your life goals
Whether it is term insurance, endowment, whole life insurance, or ULIP – having options is desirable. Each is different in terms of assets, income, life goals, and financial liabilities. Hence, their reasons to purchase life insurance also vary.
To help you find an insurance product that matches your needs, Max Life currently offers 18 life insurance plans for individual insurance buyers and 6 group plans for corporates. Also, there are options to avail additional life cover protection in the form of riders, with five available add-on options for individual buyers and four riders for group insurance products.
To know more about the plan and to calculate the right life insurance cover for yourself, you can use an online term plan calculator or connect with us over a call.
Rider Add-Ons to Enhance Life Cover
To help you maximize your insurance cover against financial contingencies, Max Life offers several rider options including Comprehensive Accidental Benefit (CAB) rider, Waiver of Premium (WoP) rider and Critical Illness Rider. These riders increase the life cover, over and above the base policy amount, after paying a nominal additional payment.
Rider Name |
What Does it Do? |
Premium Cost (Per Annum) |
Benefits |
Provide an additional sum assured to the policyholder’s family in case of death or disability (partial or permanent) due to an accident |
Rs. 63 per lakh sum assured |
Rider sum assured paid in case of death or dismemberment due to the accident. |
|
Offers to waive off all future premiums, if the insured is unable to pay the future premiums due because of dismemberment or critical illness |
Minimum Rs. 2 per annum for entry at the age of 18 years with a rider term of 5 years and a base plan premium of Rs. 1000. |
Waiver of all future premiums in case of critical illness, dismemberment, or death. |
|
Critical Illness |
Provides an additional benefit in the form of periodic payouts or lumpsum payment, over and above the sum assured, if the insured is diagnosed with a specified critical illness |
|
Lump-sum pay-out on the diagnosis of any critical illness outlined in the policy. |
High Claims Settlement Ratio Speaks for Us!
Max Life Insurance offers one of the best claim assurance among private insurers in India. The company has an impressive claim paid percentage of 98.74% in FY'19 (Source: IRDAI Annual Report FY 2018-19). Such a healthy claim settlement ratio) means that policyholders are more than likely to get their claims on time, and times time when they probably need it the most.
Reference Link: https://www.paisabazaar.com/insurance-companies/max-life-insurance/
“Live Life to the Max”
Life is all about creating beautiful memories with your loved ones. Amidst all the fun and fervour; however, do not let the uncertainties of life take away your happiness and peace of mind.
At Max Life, we understand how valuable you are to your family. Therefore, our life insurance plans are specifically designed to provide long-term financial security and peace of mind.
With life insurance at the helm of your future planning; therefore, you can make sure that your loved ones continue on their path of self-discovery and live life to the Max!
