Online Term Plan

A Term Insurance Plan with 10 Powerful Benefits

Secure your family's future with Max Life Online Term Plan Plus

Pay term insurance premiums only during your working years

Pay premium only till age 60yr. for coverage upto 75yr. & save upto 17%*

*On payment of additional premium

Term insurance plan with 3D Benefit that covers against Death, Disability And Disease

Comprehensive coverage with riders from all three major life risks*

*On payment of additional premium

Get coverage from upto 40 Critical illnesses such as heart attack, cancer

Accelerated Lumpsum benefit paid on diagnosis of any one of the 40 critical illnesses*

*On payment of additional premium

Option to increase cover with important life events

You can increase your cover as you get married, have a child, take a home loan* 

*On payment of additional premium

 

Option to get monthly income along with lumpsum plan benefit

Ensure a regular income for your family

Affordable premiums

Get Life cover of Rs. 1 crore at Rs. 563/month* only

*Standard Premium for 28-Year Old male, Non-Smoker, 30 Years Policy Term

Get covered till age 75

Life cover available till age 75

 

Assurance of a strong Claims Paid Percentage of 97.59%*

Source: Max Life Public Disclosures FY 16-17

Get additional protection from accident*

With the help of Max Life Comprehensive Accident Benefit rider (CAB)*

Get Waiver of premium

All future premiums waived in case of critical illness/disability/death*

*On payment of additional premium

*Non - participatory

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Different life situations, different term plan options

One term plan, three variants

Basic Life Cover

Ensure financial protection with a one-time payout

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Basic Life Cover + Monthly Income

Get monthly income for your family for 10 years, in addition to the lumpsum

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Basic Life Cover + Increasing Monthly Income

Get increasing monthly income (@10% p.a. Simple Interest) for your family for 10 years, in addition to the lumpsum

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Who should buy this insurance plan?

Our term plan is relevant whatever your life situation maybe. This provides a secure future for your loved ones, even in your absence. Everyone, from single individuals to young couples to parents can buy this simple protection plan.

The insurance company you trust

Know more about Max Life

individual death claims paid till FY'17;

we honour all valid claims (Src: Public Disclosure FY2016-17)

worth of company financial assets till FY'16;

which grew by 15% over FY'15 (Src: Public disclosure, FY2015-16)

total sum assured in force (individual) till FY'16;

a jump of 21% over FY'15 (Src: Public disclosure, FY2015-16)

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