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Product Information
Saving And Investment Plans Max Life Monthly Income Advantage Plan
Synopsis:
A saving-plan for guaranteed income with a life coverage

Features:

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  • Guaranteed monthly income
  • Maturity income
  • Death benefit
  • Self funding of premiums
  • Long term coverage
  • Tax benefits

Benefits:

  • Survival Benefit- It is the sum of Income Benefit and Maturity Benefit
  • Death Benefit - In case of death of the life insured, the nominee will receive a lumpsum, and the policy will continue as before
  • Tax Benefit- You can get certain tax deductions on your premiums and on proceeds from the policy benefits.
Eligibility:
Minimum entry age:  18 years
Maximum entry age:  12 Pay variant - 55 years
15 Pay variant - 50 years
Maximum Maturity Age: 12 Pay variant - 77 years
15 Pay variant - 75 years