Maxlife Insurance Coupon & Promo Codes for April 2024

Max Life Insurance Company Ltd. was established in India in 2001 as Max New York Life Insurance Company Limited. It is a division of Max Financial Services and is headquartered in New Delhi.

1. Life is unpredictable, and you never know when you won't be able to be there for your families. As a result, Max Life's programmes are optimised to help you work around all of life's challenges. Savings plans, children's plans, risk control plans, community plans, retirement plans, expansion plans, and development plans have also been devised.

2. To begin, Basic Life Cover, Life Cover + Monthly Income, and Life Cover + Increasing Monthly Income are all Term Plans that can be purchased online. These plans ensure that, in the event of a tragic event, your family will be able to meet their regular expenses and other financial obligations.

3. Protection Plans are the next level, and they are intended to guarantee that your family does not have to rely on someone else for their ideal lifestyle after you die. They offer the highest level of protection at a cheap price.

4. Then there are Max Life Retirement Plans, which are designed to make your life easier after you retire. You can pay the premiums while working and then reap the benefits when your policy matures. You will receive the claim in a lump sum or instalments after you retire, allowing you to fulfil all of your desires.

5. If your child's ability knows no bounds, the Child Plans are structured to guarantee that no sum of money gets in the way of supplying them with the best possible education.

6. Growth Plans help you build wealth while Max Life protects you from risks and protects your life. All of your wishes on your wish list will come true thanks to the gradual growth of your investment.

7. Savings plans are similar to growth plans in that they offer a stable space for the money to expand whilst it is in your possession. This encourages you to put money together for the potential plans you've set.

Max Life Insurance Company currently offers three separate term policies, each with its own set of benefits. The following is a list of the company's term plans.

• Max Life Online Term Plan Plus

• Max Life Super Term Plan

• Max Life Premium Return Protection Plan

• The scheme offers pure insurance by ensuring that in the case of the insured's death, a fixed lump sum payment will be made to the insured's family. The programme has a variety of special features in addition to the death benefits.

• A lump-sum payment (sum assured) is paid to the specified beneficiary if the insured dies during the insurance period.

• In addition to the basic amount assured, the scheme will pay the beneficiary 0.4 per cent of the sum assured monthly for ten years.

• A total of 40 life-threatening diseases and conditions are covered by the programme (on payment of the additional premium)

• For an extra expense of the premium, the Max life extensive injury benefit rider may be applied to expand the coverage. If the insured dies in an accident, this rider will pay out extra benefits.

• Under the package, a higher amount of guaranteed discounts are eligible.

• Non-smokers and females receive discounts on premium rates.

• A lump-sum payout (sum assured) is paid to the assigned beneficiary if the insured dies during the insurance period.

• In addition to the basic amount assured, the programme will pay the beneficiary 0.4 per cent of the sum assured monthly for the first year. For the duration of the payout period, the monthly income would rise by 10% per year.

• For an extra expense of the premium, the Max life extensive injury benefit rider may be applied to expand the coverage. If the insured dies in an accident, this rider will pay out extra benefits.

• A total of 40 life-threatening diseases and conditions are covered by the programme (on payment of the additional premium)

• Under the package, a higher amount of guaranteed discounts are eligible.

• Premium premiums are discounted for those who live a balanced lifestyle.

• Multiple death benefit payout options are available under the scheme. In a lump sum settlement, a recipient will receive 100% of the gain. Alternatively, he/she will take 50% of the benefit as a lump sum payment and the remaining 50% as monthly income for the next ten years at an 8.5 per cent simple interest rate.

• Choice of premium payment options – restricted pay, daily pay, and pay till 60 years of age

• Comprehensive insurance against 40 critical illnesses, including kidney failure, heart attack, and cancer, is listed.

• The policy offers long-term protection to the insured by providing life insurance against unforeseen events such as death.

• The policy provides a built-in accidental death advantage, with compensation of 50% of the amount guaranteed.

• Premiums will be charged for 11 years.

• If the insured lives until the end of the insurance period, the total premium charged will be refunded.

• Discounts on premium rates for female lives are available.

• The right to select the duration of the policy

• When you buy a policy worth more than INR 30 lakhs, you get a high sum guaranteed discount.

Max Life has made it easy for consumers to access policies and contracts by offering a range of offers, such as flexible premium pricing choices, premium discounts for several policies bought, and various loyalty extensions.

Phone no.: 0124-648-8900 

Email: online@maxlifeinsurance.com