Max Life Insurance launches COVID-19 One Year Term Rider
A comprehensive life insurance savings plan with guaranteed returns to meet life-stage needs with certainty
NEW DELHI: Max Life Insurance Company Ltd. (“Max Life” / “Company”), today announced the launch of ‘Max Life Smart Wealth Plan’, a comprehensive life insurance savings plan with guaranteed returns, to meet life’s important milestone goals such as children’s education, marriage, and retirement. Combining protection and savings into a simple and flexible solution, the ‘Max Life Smart Wealth Plan’ offers customers guaranteed returns to help meet important life-stage needs and achieve a financially secure future.
Commenting on the product, Aalok Bhan, Director, and Chief Marketing Officer, Max Life said, “Life is all about fulfilling dreams – our own and of our loved ones. We spend most of our lives planning and working towards life-stage goals such as child education, marriage, and retirement. However, in these uncertain times, it is even more important to protect our finances from risks and uncertainties that could obstruct the realization of these dreams. With ‘Max Life Smart Wealth Plan’, we aim to ensure the safety of capital and offer guaranteed returns in the long run that can help customers accomplish their dreams with utmost certainty. Offering superior flexibility via four different variants targeted at specific life-stage needs such as marriage, parenthood, child’s education, and retirement, ‘Max Life Smart Wealth Plan’, with its guaranteed returns can help achieve key life goals while enabling a financially secure future.”
Tailored to address the distinct goals of one’s life, ‘Max Life Smart Wealth Plan’ offers the option to choose from four different variants namely – lump-sum, short term income, long term income and whole life income All four variants come with distinct maturity benefits depending on the variant chosen along with comprehensive life cover during the policy term.
Furthermore, there is also an option to enhance protection through need-based riders on the policy. Riders such as ‘Max Life Waiver of Premium Plus Rider’, ‘Max Life Accidental Death and Dismemberment Rider’, and ‘Max Life Term Plus Rider’ can be added to the base policy under the ‘Max Life Smart Wealth Plan’.
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2014 The Global Indian New Network (TGINN)