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Product Information
Saving And Investment Plans Max Life Life Gain Premier
Synopsis:
A flexible savings-plan to suit your financial needs

Features:

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  • You will get Guaranteed Sum Assured on maturity of the policy
  • You get the flexibility to choose both the Premium Payment Term & the Policy Term
  • Terminal illness benefit
  • Flexibility to withdraw
  • Tax benefits

Benefits:

  • Maturity Benefit- On completion of the policy term you will get a guaranteed payout along with applicable bonuses as the Maturity Benefit
  • Death Benefit - On death during the policy term, your nominee will receive a guaranteed payout along with applicable bonuses as the Death Benefit and the policy will terminate
  • Bonus Payout Options- You have the option to receive the annual cash bonus announced by Max Life Insurance in three different ways depending on your needs
  • Terminal Illness Benefit- In case of any terminal illness, 50% of the Guaranteed Maturity Sum Assured is paid immediately upon policyholder’s request
  • Tax Benefit - Get tax benefits under Section 80C, 80D, 80DD, 10(10D) as per prevailing tax laws
Eligibility:
Minimum Age 18 years
Maximum Maturity Age 55 years for 15/20 year Policy Term
50 years for 25 year Policy Term
For 15 years Policy Term: 70 years
For 20 years and 25 years Policy Term: 75 years