WHILE PROTECTING YOUR FAMILY

LET THE

MAX LIFE

ONLINE
TERM PLAN
SUM ASSURED +
INCREASING MONTHLY INCOME

A Non-Participating,
Non-Linked,
Pure Term Insurance Plan;
(UIN - 104N078V01)

RIGHT REASONS
GUIDE YOU
In the future, cost of living and expenses are only headed in one direction up. Which is why
you want to make sure that your loved ones needs and aspirations are taken care of, when
you are no longer with them.
This is where Max Life Online Term Plan - Sum Assured + Increasing Monthly Income could
come in handy. In addition to Sum Assured on death, it provides monthly income for 10 years,
that increases at 10% Simple Interest every year. So, even if your familys wishes cost more in
the future, they dont have to say no.

PLAN BENEFITS :
100% Sum assured as lumpsum on death of life insured +
monthly income for 10 years. This income increases every
year at 10% simple rate of interest**
Additional protection through Max Life Comprehensive
Accident Benefit rider (UIN - 104B025V01)

A 30-day Free-Look period

High Sum Assured Discounts
Rewards you for a healthy lifestyle low premium rates for non-smokers

A hassle-free online application process

CHECK KARO SAHI CHUNO

This plan is a Pure Term plan that provides only death benefit and no maturity benefit.
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT.
**100% of the chosen Sum Assured on death + Monthly Income for 120 months, Increasing monthly income for 10 years wherein the first year monthly income shall be 0.4% of the Policy Sum Assured
and shall increase every year by 10% p.a. (simple interest) of the first year monthly income. Effective total death benefits including Monthly Incomes 169.6% of Sum Assured

HOW IT WORKS

Policy Term: Pick a Term from 10 to 35 years (interval of 1 year) subject to maximum expiry age
Maximum Expiry Age: 70 years (age at last birthday)
Premium Payment Term: Equal to Policy Term

UNFORTUNATE

PREMIUMS PAID

DEATH

YEAR 1 YEAR 2

POLICY TERM ENDS

Maximum Entry Age: 60 years (age at last birthday)

Payment of Rs. 1 Crore

(100% of sum assured)
to the nominee.
Policy Contract ends

POLICY COMMENCEMENT

Minimum Entry Age: 18years (age at last birthday)

CHOSEN SUM ASSURED

- 1 CRORE

PLAN FEATURES

Monthly Income of Rs. 40,000 increasing

@ 10% every year for 10 years (120
payments), since the death benefit is sum
assured + increasing monthly income

YEAR 30

POLICY TERM (IN YEARS)

Premium Payment Mode: Annual Mode Only

Disclaimer - Kindly note that the above is only an illustration and does not in any way create any rights and/or obligations. The actual experience on the contract may be different from illustrated.
For more details please request for your specific benefit illustration. The premium mentioned is exclusive of service tax charges.

Suppose Mr. Sharma, aged 30 years, opts for a sum assured of ` 1 Crore for 30
years with chosen death benefit option of Sum Assured + Increasing Monthly
Income. The annual premium payable by Mr. Sharma is ` 11,100 (excluding service tax)

Sum Assured (In Rs.)

Minimum: `25 lacs

After paying 9 premiums, unfortunately Mr. Sharma dies

Maximum: `100 Crs

Under the chosen death benefit, his nominee will get ` 1 Crore on death and
` 40,000 as monthly income increasing @ 10% every year, starting next policy
anniversary after the date of intimation of death

The sum assured is available in the multiples of `1 lac only

Following are the other Death benefit options available: Sum Assured and Sum Assured + Level Monthly Income.
Rider option available: Max Life Comprehensive Accident Benefit Rider (UIN - 104B025V01). For more details on Max Life Comprehensive Accident Benefit Rider and the various
terms and conditions, please refer to the rider brochure.

1800 200 3383

CHOOSE THE
SUM ASSURED,
DEATH BENEFIT
OPTION AND
CALCULATE
PREMIUM

2
FILL UP
ONLINE PROPOSAL
FORM

MAKE ONLINE
PAYMENT USING NET
BANKING, CREDIT
OR DEBIT CARD

buyonline.maxlifeinsurance.com

Max Life Insurance Ltd. is a joint venture between Max India Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max Life Insurance Co. Ltd., 11th Floor, DLF Square Building, Jacaranda Marg,
DLF Phase II, Gurgaon (Haryana) 122002. IRDAI Regn. No - 104. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a
sale. You may be entitled to certain applicable tax benefits on your premiums and Policy benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of
premium or receipt of benefits by you. Tax benefits are subject to changes in tax laws. Insurance is the subject matter of solicitation.

UPLOAD
RELEVANT
DOCUMENTS AND
SCHEDULE MEDICAL
EXAMINATION

online@maxlifeinsurance.com

THATS IT
YOU ARE DONE !

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BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to public that
IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products or invest premiums.
IRDAI does not announce any bonus.
Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Max Life/e-broc/Maxus/OTPSA+IMI/30Jan14

FOUR EASY
STEPS TO APPLY