Basic Life Cover

10 reasons why you should consider this term insurance plan

Now leave nothing to chance with Max Life Online Term Plan Plus

Get 100% sum assured

Entire sum assured paid as lumpsum in the unfortunate event of death

30-day free look period

Didn’t like it? Return your policy within 30 days

Tax Benefits & Exemptions

Under Section 80C, 80D, 80DD, 10(10D) as per prevailing tax laws

Cost-effective riders

Additional protection at affordable prices

Lower premium for non-smokers

We reward healthier lifestyle choices

Finer details

How does this term plan work?

Maximize your protection

Get additional and cost-effective protection against life's uncertainties

Max Life Comprehensive Accidental Death Benefit Rider(CAB)

Get additional protection for accident leading to dismemberment or death (For further details, please refer to the Max Life Comprehensive Accidental Death Benefit, UIN -104B025V01, brochure)

1 in every 3 online term plan plus customers opted for CAB rider (Apr'16 - Aug'16) (Src: Company Data)


Max Life Waiver of Premium Plus Rider(WOP)

Get waiver of all future premiums in case of critical illness/dismemberment/death* (For further details, please refer to the Max Life Waiver of Premium Plus, UIN: 104B029V01, brochure)

*Death waiver applicable only when life insured and policy holder are different

About half of the online term plan plus customers added WOP rider (Apr'16 - Aug'16)(Src: Company Data)

How does my family make a claim?

In the unfortunate event of your death, your nominee will need to:


Provide written intimation within 30 days through agent advisor, or any Max Life insurance office or via email. 


Submit all completed forms such as death claim application, attending physician’s statement, employer certificate, and NEFT mandate form.


Attach other relevant documents such as original policy, photo identity, among others.

You must remember this…

State all facts truthfully while purchasing the plan. Disclose all medical details, existing life insurance policies, etc.

Pay all policy premiums on time

Share policy details with family members, to avoid hassles while raising a claim

Basic Life Cover + Monthly Income

100% sum assured along with a fixed monthly income for 10 years


Basic Life Cover + Increasing Monthly Income

One-time payout along with increasing* monthly income for the next 10 years

*@ 10% per year (Simple Interest)