Max Life NRI Insurance Plans

An opportunity for NRIs to invest and gain from India’s growth

Select your favorite plan now!

Request for Financial Expert

Max Life NRI Insurance Plans

An opportunity for NRIs to invest and gain from India’s growth

Select your favorite plan now!

Request for Financial Expert

Check your eligibility

Other than the residents of India, Max Life NRI Insurance plan can be bought by:

Check your eligibility

Other than the residents of India, Max Life NRI Insurance plan can be bought by:

Non-Residential Indian
A citizen of India (holding a valid passport issued by Govt. of India) and temporarily residing in the country of his / her present residence.

Person of Indian Origin / Overseas citizen of India
A citizen of any country other than Bangladesh or Pakistan, if

At any time held Indian passport; or
He or either of his parents or grandparents were a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955); or
The person is a spouse of an Indian citizen or a person referred to in sub-clauses above

Foreign Nationals
A person, who is a citizen of a foreign country but based in India

Check the prohibited list of countries before making a purchase.

Max Life NRI Insurance Plans

TERM PLANS

Secure your family’s financial future, even in your absence.

Save for your family’s well-being

CHILD PLANS

Give wings to your child’s dreams without letting them face any financial constraint.

Secure your child’s future

RETIREMENT PLANS

Don’t let unplanned finances make your retirement life a roller-coaster.

Plan for your retirement today!

SAVINGS AND INCOME PLANS

Save & grow your money through disciplined savings for a worry-free life.

Invest for a better future

GROUP PLANS

Because your company’s most important asset deserve something special!

Secure your employees’ future

ULIP PLANS

Because growing your wealth is as important as earning it!

Multiply your savings

Our NRI pension plans registered in UK with Her Majesty’s Revenue and Customs (HMRC) provide a great opportunity for returning Indians from the UK to transfer their Pension corpus accumulated in the UK.

Your Mode of Premium Payment

You can pay premium through an Indian or foreign bank account as per your convenience.

Your Mode of Premium Payment

You can pay premium through an Indian or foreign bank account as per your convenience.

Options to pay initial premium
Options to pay Renewal Premiums

You can pay in Indian Rupees from any of your following Indian Bank accounts, held in your name through Cheque of:

Non-Resident (External) Rupee Account (NRE Account)
Non-Resident Ordinary Account (NRO Account)

You can pay in Indian Rupees equivalent to foreign currency from your foreign bank account by instructing your Banker to remit money electronically through SWIFT into our bank account.

Below are the 13 currencies for which SWIFT codes are available
US Dollar – USD	Euro – EUR	Great Britain Pound – GBP
Singapore Dollar – SGD	Japanese Yen – JPY	Australian Dollar – AUD
New Zealand Dollar – NZD	South Africa, Rand – ZAR	Swiss Franc – CHF
Saudi Riyals – SAR	Arab Emirates Dirhams – AED	Sweden, Kronor – SEK
Canadian Dollar – CUD

The above payment options can be used to pay Renewal premium as well, apart from a few other payment options mentioned here

Note: We accept payments through credit cards issued outside India only for renewal premiums. The initial premium could be paid through NRE/NRO/Foreign bank account. However, the premium paid through credit card issued outside India cannot be accepted. (Payment in foreign currency is credited to Max Life in Indian Rupee and thus the claims or proceeds from the policy will not be repatriable outside India.)

Settlement Guidelines

Remittance of bonus, maturity proceeds, surrender value or claims proceeds in respect of Rupee policies, issued to foreign nationals who are not permanent residents in India, may be paid in Indian Rupees or may be remitted abroad, if the claimant so desires.

Remittance of bonus, maturity proceeds, surrender value or claims proceeds shall be made in Indian Rupees.
In the event the premium is paid in foreign currency, the remittance will be permitted only in proportion to the premium paid in the foreign currency.
Remittances in respect of policies issued to NRIs, for which premium have been collected in non-repatriable Rupees may be paid only in Rupees by making credit to the NRO account of the beneficiary. This would also apply in cases of death claims being settled in favour of non-resident assignees / nominees.

Note - Premium paid through credit card issued outside India will not be treated as payment in foreign currency as it will be credited to Max Life in Indian Rupee.

Let’s Connect

Online Plus Helpline

1800 200 3383 (Online Term Plan)

(24x7* except national holidays*)

online@maxlifeinsurance.com
SMS 'LIFE' to 5616188

Let us call you back

Customer Service Helpline

1860 120 5577

(9:00 AM to 6:00 PM Monday to Saturday)

Chat with us

Please write to us incase of any escalation/feedback/queries.

Write to us

NRI Helpdesk

0124 - 5098162; 0124 - 4905150

(9:00 AM to 6:00 PM Monday to Saturday)

nri.helpdesk@maxlifeinsurance.com

Max Life Insurance Co. Ltd. is a Joint Venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Registered Office: 419, Bhai Mohan Singh Nagar, Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab -144 533. Corporate Office: Max Life Insurance Co. Ltd., 3rd, 11th and 12th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram (Haryana) - 122002. Operation Center: Max Life Insurance Co. Ltd, Plot No. 90-A Udyog Vihar, Sector 18, Gurugram (Haryana) - 122015.

Helpline: 1860 120 5577 (9:00 A.M to 6:00 P.M Monday to Saturday) * Call charges apply. Online Term Plan Helpline: 1800 200 3383. Fax Number:0124-4159397.

Email ids: service.helpdesk@maxlifeinsurance.com; online@maxlifeinsurance.com

Life Insurance Coverage is available in this Product

THE 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 Online Savings Plan (UIN: 104L098V02) 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.

*#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 .The Maturity Benefit shown in the illustrative example are inclusive/exclusive of taxes.

** Standard Premium For 24-Year Old Male, Non-Smoker, 25 Years Policy Term, 25 Year Premium Payment Term (exclusive of GST).

Max Life Online Term Plan Plus. A non-participating, Non-Linked, Term Insurance Plan (UIN - 104N092V03).
Max Life Smart Term Plan. A Non-Linked, Non-Participating, Term Insurance Plan (UIN: 104N113V01).
^On payment of additional premium
*^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.
~35 year old male, non-smoker opting for a 1 Cr cover for a policy term of 50 years opts for a regular term and 5 pay term
**^ Max Life Public Disclosure FY18-19
^*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 policies⁴is 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 nominee's photo identity proof • Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

^** 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 (6.25 % for p.a. FY’19) 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.

⁴InstaClaimTM is available for all versions of Max Life Online Term Plan (UIN 104N078V01); Max Life Online Term Plan Plus (UIN 104N092V01 / UIN 104N092V02 / UIN 104N092V03) and Max Life Smart Term Plan (UIN: 104N113V01).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 nominee's photo identity proof • Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

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.