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Whole Life Participating Plan: Features:

Eligibility Criteria
Criteria Entry age Maximum Maturity Age Premium Payment Term Minimum Sum Assured Maximum Sum Assured 91 days to 70 years 100 years Regular Rs. 100,000 Rs. 5 Crore Eligibility

Benefits
Maturity Benefit We will pay an amount equal to Sum Assured along with accrued bonus (if any) Death Benefit

We will pay an amount equal to Sum Assured along with accrued bonus (if any) If death occurs before life insured reaches age 10 , the company will refund all the premiums paid along with interest

Option to Participate in Progressive Bonuses


It allows you to top up your premiums to purchase additional Sum Assured towards your existing policy. It also generates further bonuses. Bonus Options

Paid in Cash Premium Offset

Paid up Additions Non-Forfeiture Options In case you are unable to pay your premiums, your policy will lapse and we will utilize your cash value to buy you insurance coverage in one of the following ways:
Reduced Paid Up: A lower Sum Assured for the remaining term of your policy Extended Term Insurance: The same Sum Assured is for part of the remaining term of your policy In case , you do not want either of the above, you can choose to take the cash value by cheque

Key benefits:

Insurance cover up to age 100 Option to Participate in Progressive Bonuses Tax benefits on premiums and maturity proceeds Additional protection through riders Bonus declared every year from 3rd policy year onwards

Life Pay Money Back Plan

Features:

Eligibility Criteria
Criteria Entry age Maturity age Minimum Sum Assured Maximum Sum Assured Living Benefit 91 days to 50 years 60 years Rs. 100,000 Rs. 5 crore Eligibility

Sum Assured plus accrued bonuses Death Benefit


Sum Assured plus Sum Assured of Paid Up Additions, if any (without deducting any money back installments, if already paid).

However on death before age 10 we will refund the premiums with interest Bonus Options
Paid in Cash Premium Offset Paid up Additions

Non-Forfeiture Options In case you are unable to pay your premiums, your policy will lapse and we will utilize your cash value to buy you insurance coverage in one of the following ways: Reduced Paid Up: A lower Sum Assured for the remaining term of your policy Extended Term Insurance: The same Sum Assured for part of the remaining term of your Policy. In case you do not want either of the above, you can choose to take the cash value by cheque Benefits:

Guaranteed Financial Protection Money Backs at Regular Intervals Tax benefits on premiums and maturity proceeds

Additional protection through riders Bonus declared every year after the 3rd policy year

20 year Endowment (Par) Plan

Features:

Eligibility Criteria
Criteria Entry age Maturity age Minimum Sum Assured Maximum Sum Assured Living Benefit 20 years to 50 years 70 years Rs. 100,000 Rs. 5 crore Eligibility

Sum Assured plus accrued bonuses Death Benefit Sum Assured plus accrued bonuses Bonus Option
Paid in Cash Premium Offset Paid up Additions

Non-Forfeiture Options In case you are unable to pay your premiums, your policy will lapse and we will utilize your cash value to buy you insurance coverage in one of the following ways: Reduced Paid Up : A lower Sum Assured for the remaining term of your policy Extended Term Insurance: The same Sum Assured for part of the remaining term of your policy In case you do not want either of the above, you can choose to take the cash value by cheque.

Key benefits:

Guaranteed Financial Protection Tax benefits on premiums and maturity proceeds Additional protection through riders Bonus declared every year from 3rd policy year onwards

Max New York Life Platinum Protect

Features:
Eligibility Criteria
Eligibility Minimum/ Maximum Age at Entry Expiry Age Policy Term Sum Assured 18 years / 60 years 75 years 10 years, 15 years, 20 years, 25 years or 30 years Minimum: 25 lacs, subject to minimum annual premium of Rs. 5,000 Maximum: No Limit The sum assured is available in multiples of Rs 5 lacs only. Rs 5,000 per annum for annual premium paying mode. For non-annual modes, the modal factors will be applicable as given below Regular Level Premium Criteria

Minimum Premium

Premium Option Special Rates for special customers

Lower premium rate for Females and non-smokers. For Sum assureds 50 lacs and above, there are two additional benefits:


Reduced Insurance Cover

Special high sum assured discount. Additional discount to healthier policyholders who do

not consume tobacco in any form If Premiums have been paid for at least 15 consecutive Policy Years beginning with the Effective Date and the Policyholder discontinues payment of further Premium(s), the Policy will continue with a Reduced Insurance Cover as per the formula shown below. Reduced Insurance Cover = [((Policy Year* 1) / Policy Term) 25%] * Sum Assured. * Policy Year refers to the year of discontinuance of premiums Example Male aged 30 takes Platinum Protect plan for 50 Lac sum assured and a 20year term. If he stops paying premium 16th policy year onwards, he will be eligible for 50% of sum assured as Reduced Insurance Cover for the remainder of the policy term. Under Reduced Insurance Cover facility no rider benefit will be made available. If the Policyholder chooses to resume payment of Premium within six months from the discontinuance of Premium, then the original sum assured may be restored at the discretion of the Company on production of evidence of insurability and payment of premiums

For complete details please refer to the Benefit Illustration and Policy Contract.

Benefits

Death Benefit: Equal to Sum Assured of the policy Current Tax Benefits: This insurance plan may entitle you certain tax benefits on your premiums as well as on the benefits received under this policy U/s 80 C of the Income Tax act 1961 on the annual premium of your policy.

Key benefits:

Comprehensive cover at nominal costs Lower rates for non smokers & healthier lives Increase your cover to reduce your premium Cover continues even if you stop paying premium Riders to protect your family from Death, Disease and Disability

ILLUSTRATIVE EXAMPLE
Sample Premium* rates for 50 Lac Sum Assured (Annual mode) Age 30 35 40 45 Preferred Non Smoker 7,250 9,700 13,950 20,650 Non Smoker 8,050 11,000 16,350 24,900 Smoker 9,100 12,800 19,450 30,250

Life Gain Endowment Plan

Features:
Eligibility Criteria
Criteria Entry age 91 days 65 years 91 days 60 years 91 days 55 years 91 days 50 years 91 days 50 years 75 Years Rs. 50,000 No Limit (subject to underwriting) Eligibility (10 year plan) (15 year plan) (20year plan) (25 year plan) (to Age 60 plan)

Maturity Age Minimum Sum Assured Maximum Sum Assured

Living Benefit

Sum Assured plus Guaranteed Addition @ 10% of Sum Assured plus accrued bonus plus terminal

bonus (if any) Death Benefit

Sum Assured plus accrued bonus

However , in the case of death before the age of 10 we will refund the premiums with interest Bonus Options
Paid in Cash Premium Offset

Paid up Additions Non-Forfeiture Options In case you are unable to pay your premiums, your policy will lapse and the cash value will be used to buy you insurance coverage in one of the following ways:
Reduced Paid Up: A smaller Sum Assured for the remaining term of your policy Extended Term Insurance: The same Sum Assured is for part of the remaining term of your policy

In case, you do not want either of the above then you can opt to take the cash value by cheque.

Key benefits:

Guaranteed Financial Protection Tax benefits on premiums and maturity proceeds Additional protection through riders Bonus declared every year from 3rd policy year onwards

Endowment to Age 60 (Par) Plan

Features:
Eligibility Criteria
Criteria Entry age Maturity age Minimum Sum Assured Maximum Sum Assured Living Benefit 91 days to 50 years 60 years Rs. 100,000 Rs. 5 crore Eligibility

Sum Assured plus accrued bonuses Death Benefit

Sum Assured plus Sum Assured of Paid Up Additions, if any (without deducting any money back installments, if already paid).

However on death before age 10 we will refund the premiums with interest Bonus Options
Paid in Cash Premium Offset Paid up Additions

Non-Forfeiture Options In case you are unable to pay your premiums, your policy will lapse and we will utilize your cash value to buy you insurance coverage in one of the following ways: Reduced Paid Up :A lower Sum Assured for the remaining term of your policy Extended Term Insurance: The same Sum Assured for part of the remaining term of your Policy. In case you do not want either of the above, you can choose to take the cash value by cheque.

Key benefits:

Guaranteed Financial Protection Tax benefits on premiums and maturity proceeds Additional protection through riders Bonus declared every year from 3rd policy year onwards

Max New York Life Secure Dreams

Features:
Eligibility Criteria
Criteria Entry age of Life insured Maximum Maturity age of Life Insured Policy term Premium paying term Minimum Annual Premium Maximum Annual Premium(depending upon the age of Life insured) Premium Payment Modes Sum Assured Guaranteed Returns Eligibility 21 years to 55 years, age as at last birthday 66 years Pick a term between 11 years- 20 years Equal to policy term Rs.15,000 Upto 40 years: Rs. 2,00,000 41 years to 55 years: Rs. 1,00,000 Annual, Semi-Annual, Quarterly, or Monthly 10 times Annual Premium

Monthly Interest Credits with a minimum guaranteed rate. Guaranteed Policy Continuance with Funding

Policy continues after death of life insured with regular Premium Funding. Guaranteed Policy Issuance No Medicals, policy issuance basis declaration of good health in the proposal form. Guaranteed Living Benefits Loyalty Bonus added to the policy in each of last 5 policy years. Guaranteed Protection
10 times of Annual Premium paid on death of life insured, option to add on Personal Accidental Benefit rider.

Key benefits:
Death Benefit

As you have planned for this contingent event, incase the life insured dies we will immediately pay the sum assured equal to 10 times of the annual premium. The policy shall continue to be in existence as it is and all the future premiums will be funded by the company. The loyalty additions will also be credited while the policy is on a premium funding mode.

On actual maturity date of the policy, the maturity value will be paid to the nominee. Living Benefit
The plan offers Loyalty additions @ 10% of the annual premium and shall be credited to your account on each of the last 5 policy anniversaries provided the policy is in force and all due premiums have been paid.

The loyalty additions as and when credited enhance the account value and the interest is credited on the

enhanced account value, thereby making is a double benefit. Maturity Benefit

The plan matures as per the policy term chosen. The account value at the time of maturity is payable to the policyholder and the contract ends. Please note that the account value at maturity will at least be a value considering that the interest credits have happened at the rate of 3.5% throughout the policy term.

This value will also reflect in the benefit illustration under the guaranteed benefits column. Tax Benefits This plan may entitle you to certain tax benefits on your premiums as well as on your maturity value.

U/s 80C of the Income Tax Act 1961 on your premiums. U/s 10(10D) of the Income Tax Act 1961 on your maturity proceeds of the policy.

Please note that if the premium paid in a financial year exceeds 20% of the Sum Assured, 10 (10D) benefit will not be available and 80C benefit will not be available for the premium exceeding 20% of the Sum Assured under the current tax laws.