Presenting Sidi a enc INCOME PLAN Ba AML LLiCsiK sil for your family This plan offers you additional income, so that you can continue providing your family with extra love, comfort and opportunities to fulfil their dreams, Guaranteed: Income and 1 ste Flexibility to accrue Income Bonuses paid out from | ©) and cash Bonuses” 2" Policy Year* Whole Life Cover" with Life Long income B= Choice of 3 &2 plan variants Optional Policy Continuance Benefit” di Enhanced protection through optional Riders. 2 ‘pple on choosing matty ge of 100 year | gpiabe on choosing eariyicamewarint | “Cath bonus ul be payable, declared ‘Paley Continuance Banat avasbe wth athe 3 plan opsone with matty age of 8 yar of 75 yar, Keno avlabla with Matty Be of 19 youre MAX QLIFE INSURANCE AXIS BANK ba Max Financial and 7 BANK JVBQeTon eed Depending on whether you want income early, or a few years down the line, your needs will define your choice of plan, 3 plan options to build your additional income stream Choose between Early Income, Early Income with Guaranteed: Money Back or Deferred Income Plan options available, that come with inbuilt guarantees* and cash bonuses" Option to accrue survival benefits and take them as per need Choose to accrue your survival benefit pay-outs and withdraw as much as you ce, whenever you like. Choice of income period including Whole Life Income" Option Flexibility to receive income and avail life cover till 100 years, 85 years or 75 years of attained age. Enhanced protection through optional riders and Policy Continuance Benefit (PCB)"* Customize your protection cover by opting for riders by paying a small amount of extra premium. Policy Continuance. Benefit if opted, ensures your survival and maturity benefits continue to be paid, as and when due in case of death of the Life Insured without any need of premium payment. ©, Tax Benefit You may be eligible for tax benefits as per prevailing income tax laws. Here are the steps to make your Policy: Step 01 coset the Plan Option, Maturity Age, Premium Payment Term (PPT) and Premium Payment Mode 7 SteP \ coos to enrance your cover with Policy Continuance Benefit and / or any additional riders, as per your 02 \ needs Step 03 \\ choose how you want to receive your additional income stream: Annual mode or monthly mode Step \\ Choose your Premium amount, basis which your Sum Assured on Maturity (SAM) and Sum Assured at Death (SAD) will be calculated or you may directly choose your Sum Assured on Maturity (SAM) basis 0. 4 which your Sum Assured at Death (SAD) and Premium amount shall be calculated Step \ 05 \ Choose if you would like to accrue survival benefts at inception or at any time during the Policy Term SteP \ Enjoy the feeling of staying protected for your family and income benefits associated with your plan 06 \° ‘customized 2s per your needs 7 “Cath bonus willbe payable, if delered “Applicable on choosing maturity age of 100 years. ‘The guaranteed bene ae applicable only Wall due premiums are pad. "policy Continuance Benefits avaliable with al the 3 plan options with maturity age of 85 years or 75 year. It snot alae with maturity age of 100 years Guarantees are payable In the form of Guaranteed Income Incase of Ey Income and Deferred Income valants fora period of 25 years or tl the end of Policy Term, lahicheveris ower; and a3 3 Guaranteed Money Backs at defined intervaain ease of ary Income with Guaranteed Money Back variant.Plan at a glance Eligibility Criteria ‘Sum Assured on Annualised ppremiurn*** Maturity (SAM) Plan Option co No limit, subject 25 Lakhs enn All options with / without Policy Continuance Benefit (PCB) | approved Based on underwriting minimum SAM | policy premium payment modes are available with all plan options Premium Premium Payment | The Premium Payment Mode can be changed anytime during | Payment Mode _| Modal Factor Mode and Modal | the Policy Term provided it meets minimum premium requirement | annual 1 Factors criteria and SAM remains unchanged. Said — oss Quarterly 0.265 Monthly 0.090 ‘Maturity ages (all ages as on last birthday) available under the product are as follows: Policy Continuance Benefit opted Maturity age option Maturity age Yes 75 years, 85 years No 75 years, 85 years, 100 years So, the maximum maturity age allowed under the plans 100 years (without PCB) and 85 years (with PCB). Policy Term is defined as (Chosen maturity age minus age at entry) of the Life Insured. The below table shows the maturity age options and corresponding Policy Terms. poneyTan Maturity age Policy Term 75 years 75 years ~ age at entry 85 years 5 years ~ age at entry 100 years 4100 years - age at entry Further, the minimum policy term as per variant combination is as follows: Age of the Life Insured at entry (Age as on last birthday) Policy Continuance Benefit Premium Payment | Maturity Age Maturity Age Maturity Age Option Opted Term (in Years) 75 85 100 6 2 29 4S 8 25 25 40 No 10 25 5 40 12 27 27 42 15 30 20 45 6 30 40 8 25 35 Yes 10 25 20 | apnleable 12 7 20 15 30 35 Minimum entry age (all ages as on last birthday) under the product is prc Policy Continuance Benefit Minimum entry age” With Policy Continuance Benefit 418 years Without Policy Continuance Benefit 91 days “The risk commencement date of the policy is same as date of commencement of the policy. In case (of minor lives, the policy shall vest in the life insured on attainment of his / her majority ie., 18 years. The maximum entry age (age as on last birthday) for diferent plan options is as follows: Policy Continuance Benefit | Premium Payment Term / nan HH BEEEN [mien | Caen |) oe 6 years, SAyears SSyears. |S years aie Syeas | GOyean | 6 yen No 10 years ‘SO years 60 years 60 years Hea 4Byears _—SByears | SB years All ages mentioned above are age as on last birthday.Policy Continuance Benefit Premium Payment Term / 75 years 85years 100 years Yes / No Maturity age 6 years ASyears 45 years 8 years SOyears 50 years Nee Yes 10 years SOyears —S5years_ | applicable 12 years AByears 55 years 15 years A5years SO years With / without Policy Continuance Benefit, the following Premium Payment Terms are available against Premium Payment | the chosen plan options Be Early Income 6,8, 10 and 12 years Early Income with Guaranteed Money Back 6,8, 10 and 12 years Deferred Income 8, 10, 12 and 15 years Gender Male, Female and Transgender Premium rates and the benefits are uni-smoker but vary by gender. This product can also be offered to Premium rates / | sub-standard lives with extra mortality charges subject to board approved underwriting policy of the benefits ‘company. The premium rates vary by gender of the Life Insured as a discount is applicable for female lives. For transgender, the premium rates shall be same as male. Bonuses offered: Your policy is eligible for bonuses during Policy Term Annual Cash Bonus: Cash Bonus is a bonus rate (as 2 percentage rate applied on policy Sum Assured on Maturity) that may be declared and is payable if declared, starting from: ‘= The second policy year in case of ‘Early Income’ and ‘Early Income with Guaranteed Money Back’ plan options ‘= The policy year (Premium Payment Term + 2) in case of ‘Deferred Income” plan option ‘= You can choose to take your cash bonuses in either annual or monthly mode. You can also accrue your bonuses as per your choice ‘Terminal Bonus (if declared): Al eligible policies shall receive the Terminal Bonus on maturity or on exit due to death or surrender based on the terminal bonus rates declared by the company. Riders available: Following riders are available under the product: 1. Max Life Waiver of Premium Plus Rider (UIN: 104802904), which provides waiver of all future premiums in case of Critical Illness or dismemberment or Death. This rider shall not be available in case Policy Continuance Benefit option is chosen under this, base plan, 2. Max Life Accidental Death and Dismemberment Rider (UIN: 1048027V04), which provides additional benefits in case of death or dismemberment of the Life Insured due to an accident. ‘3, Max Life Term Plus Rider (UIN:104B026V03), which provides additional lump sum benefit in case of death of the Life Insured. 4, Max Life Critical Illness and Disability Rider (UIN: 104B033V01), which provides additional lump sum benefit in case of critical illness diagnosis. ‘The above riders and their subsequent versions may be attached with this product or any future versions ofthis product. ‘A, Survival Benefit (eno Eat Under all plan options, survival benefit payable in the | Upon maturity of the Policy, | Youmay be | The death benefit under form of Cash Bonus (if declared) and Guaranteed | the sum of following eligible for tax | this plan varies with your Income / Guaranteed Money Back. The survival benefits will be paid: benefits as per | choice of Policy Continuance benefits under each of three key plan options are |) sum Assured on prevailing Beneft. explained below: patinney Ble income tax laws All ages mentioned above are age as on last birthday.Si Rees Goto ee 1. Early Income ii) Terminal Bonus (if any) 4. Without Policy 1, Cash Bonus (% of Sum Assured on Maturity) from | Any accrued survival Continuance Benefit 2” policy year till end of Policy Term; and benefit, if not already prcaee MMU b. Guaranteed Income (26 of Sum Acsured on Maturity) | paid shall be paid in during the Policy Tern tie from 2~ policy year and payable for a period of | addition if accrual Death Benefit shall be equal to: 25 years or till the end of Policy Term, whichever | option has been chosen 1} Sum Assured on Death, plus is earlier |i) Terminal Bonus (if any) Any accrued survival benefit if not already paid shall be paid in addition 2. Early Income with Guaranteed Money Back 3, Cash Bonus (% of Sum Assured on Maturity) from 2% policy year till end of Policy Term; and ». Guaranteed Money Back (% of Sum Assured on Rlcese reletseedon Maturity) at the end of the policy years (Premium bea at Su Payment Term ~ 4)", (Premium Payment Term + Benefits’ for related detals 6)" and (Premium Payment Term + 11)” 2. With Policy Continuance Beneft: 3. Deferred income In case of an unfortunate 23. Cash Bonus (%6 of Sum Assured on Maturity) demise of the Life Insured starting policy year Premium Payment Term +2 during the Policy Term, the end of Pole Terman Benefit payable the sum Pelee of following components: Guaranteed income (% of Sum Assured on mponents Maturity) starting pole year Premium Payment 1 Death Benefit: The Death Term +2 and payable fora of 25 years orl the perede Con wns tnd of Palcy Ter, whichever earler unr mssured an Dea? enue 2. 11m the (Annualised Pema us an ee premium*, if any) or 105% of otal Premiums Pia plus Underriting extra Premiums paid plus os ee premlansreelve cone aot death of Life Insured), Any accrued survival brett, itor area pa habe pala ih aaaten to death feet Decree ten ‘Accrual of Survival Benet ith orrelated deal and ii) Policy Continuance Benefit: All future Cash Bonus, Guaranteed Income, Guaranteed Money Back and Maturity Benefit (sum Assured at Maturity plus Terminal Bonus) shall be payable as and when due in future without any need for the premium payment The policy will participate in future profits (i.e. all future bonuses shail be payable under the policy). All uture survival and maturity benefits shall be paid to the beneficiary as and when due, as would have been the case had the Life Insured been alive and would have been paying premiums annual premium, Premlum means the Premium amount payable during 2 Policy Year chosen by Polcyholder exciuding Underwriting Extra Premium, lading for moda = Prenuns and applable taxes esses eves if any. ‘Underwriting Extra Premium means an additional aunt charged by Us a8 per Underwriting Polley, which is determined on the basis of dsclsures made by Paleyhaer inthe Proposal Form or any other intormation reeves by Us ineloding medical examination report ofthe if Ins, ‘Total Promiums Pald means the total of al Proms received, excluging Underwritng Extrs Premium loading fr modal premium, Rider Premiums, and applicable tars, cases or levies, far.Been Mr. Gupta, 35 years old, has a younger sister whom he loves the most. He wants his sister to be successful in life. So, he decides to support her by helping her start her new venture with an additional income. Crane cy OUR Ce Ch Ue teak eG) er cae CR eR eae eee Co ee) He continues to recieve Cash Bonuses"? after completing 26 Policy years - Income Benefit every year (27 year onwards) Cash Bonus** @4% p.a:€ 12,707 Cash Bonus"™ @8% p. Promium Payment Term: 10 years Annualised Premium***: 8 3,00,000 ecccccccce lyYy¥yvyyyYy) 0123456789 26 27 6 P9990) —_— —_ | sere 68555555555555555 "Seneat BAAD‘ ‘‘AALLS | From the 2” year onwards, he starts receiving Guaranteed Income: and Cash Bonuses" ‘Sum Assured on Maturity + ‘Terminal Bonus (if declared) at 4M: @11,34,559 + 2 25,77,150 = €97,11,709 (@ 37.11 Lakhs) €11,34,559 + 7 1,40,99,256 =84,51,73,815 (1.51 Crores) Total Income Benefit every year at 4%" Guaranteed Income Benefit” & 11,005 + Cath Bonus" at 4%" € 8,850 = 2 19,855 (every year from 2 to 26 years) Total Income Benefit every year at 8%! Guaranteed Income Benefit: € 12,005 + Cash Bonus" at 8% 25.754 = % 36,760 [every year from 2 to 26 years) ‘The above benefits are as por the below mentioned modal points Gender: Male | Age: 58 year old | Premium Payment Term: 10 years | Polley Term: 68 years | Mode: Annual “Guaranteed benefits are applicable only if all due premiums are paid, Guarantees are payable In the form of Guaranteed Income in case of rly Income variant "cash bonus will be payable, if declared, ‘Kindly note that the above scenarios are only ilustrations and does not create any rights and / or obligations. The assumed non-guaranteed rates of return chosen in the above illustration are 4% and BX, These assumed rates of return are not guaranteed and are not the upper oF lower limit of shat you might get back as the value of your policy is dependent on 2 number of factors Including future investment performance, The setual experience on the contract may be different from the illustrated. ‘Aannualired Premium means the Premium amount payable during a Policy Year choren by Policyhold Premium, loading for modal premium, der Premiums and applicable taxes, cesses or levies It an. cluding Underwriting ExtraEEG ey Mr. Ghosh, 35 years old, wishes to take care of his parents’ aspirations financially, even In thelr golden years. He wants to help them live their life to the fullest and accomplish their dreams with the assurity of lifelong happiness and to meet their planned goals from time to time, So, he opts for OR oe ear oy Ce Un Ree VC Se aah Cri! Cee United oe See Gury Cranes eee ey ° oes eae a ra snteed Money Backs’ ‘off 1,14,469/- each 0 Promium Payment Term: 10 years : (erret) (ores) poten Maturit SSSSeeeeee §& B Benefit. 0123456789 1 16 65 L asyes ald DAABABAAAAAADAAASSBAAE ‘ESBS From the 2” year onwards, z he starts receiving Cash Bonuses ‘Sum Assured on Maturity + Terminal Bonus (it declared) = (© 34.48 Lakhs) Total Income Benefit every year at 4%" st OK' 11,44,609 + 5.63.09.524 Cash Bonus"* @4%" € 8,929 (every year from 2 to 65 years) = @ 1.74 Crores) ‘Total Income Benefit every year at 8%" Cash Bonus"* @8%" & 26,671 (every year from 2 to 65 years), ‘The above benefits are as por the below mentioned modal points Gender: Male | Age: 55 year old | Premium Payment Term: 10 years | Polley Term: 65 years | Mode: Annual {Guaranteed benefits are applicable only if ll due premiums are paid. Gusrantees are payable inthe form of Guaranteed Maney Back amount In case of Early Income with Guaranteed Meney Back Variant “cash bonus will be payable, if declared. ‘kindly nate that the above scenarios are only illustrations and does not create any rights and / or obligations, The assumed non-guaranteed rates of return chosen in the above illistration are 4% and GX. These acsumed rater of retumm aro not guaranteed and are nat tho upper oF lower limit of what you might get back as the value of your policy Is dependent on @ number of factors Including future Investment performance, Tha aetval experiences on the contract may be diferent from the ilistrated, ‘annualised Premium means the Premium amount payable during a Policy Year chosen by Policyhold Premium, loading for modal premium, Rider Premiums and applicable taxes, cesses or levies it any. cluding Underwriting Extrafed Income Ema Mr. Verma, 35 years old, Is a married man with a 1 year old daughter. He wishes to plan for her higher education and gift her a bright future with the assurance of happiness, when she grows up. OPN ca Meee Cees cra ee Unt Cee ee eee ea ee) When his Policy completes 36 years, the Cash Bonuses"* continue. Income Benefit every year (37° year onwards) Cash Bonus** @4% pia’: © 2,746 ‘Cash Bonus"” @8% p.a.!:€ 1,02,989 Premium Payment Term: 10 years Annualised Premium’**:@ 1,00,000 SOOOQOGOOOOG® bbbbbb‘S 01234567 8 9 1011 12 36 37 ofl Mr. Varma Maturity 25 years ola Benefit : From the 12% year onwards, he starts recelving Guaranteed income and Cash Bonuses"* ‘Sum Assured on Maturity + Terminal Bonus (if declared) at 4%": € 10,56,901 + & 9,75,988 = £20,31,689 (% 20.31 Lakhs) at 8%: 7 10,56,301 + 2 10,43,942 = 21,00,289 (@ 21 Lakhs) Total Income Benefit every year at 4%": Guaranteed Income Benefit” ¢ 41,196 + Cash Bonus"* at 4%" € 1,690 = £42,886 (overy year from 12 to 36 years) ‘Total Income Benefit every year at 8%: Guaranteed Income Benefit~ ¢ 41,196 + Cash Bonus"* at 89 61,794 = € 1,02,989 (every year from 12 to 36 years) ‘The above Benenits are as per the nelow mentioned modal points Gender: Male | Age: 35 year old | Premium Payment Term: 10 years | Policy Term: SO years | Mole: Annual are payable in the form of Guarantead Income in case of “Guaranteed benefits are applicable only if all due premiums are paid. Guarantes Deferred Income variant **Cash bonus will be payable, f declared, ‘kindly note that the sbove acenarios are only illustrations and does not erente any rights and/or obligations. The assumed non-guerantesd rates of return chosen in the above illustration are 4% and 8%, These assumed rates of return ate not guaranteed and ate not the upper oF lower limit of what you might get back as the value of your policy is dependent on 2 number of factors including future investment performance, The setual experience an the contract may be diferent fram the ilustrated, “annualised Premium means the Premium amount payable during a Policy Year chosen by Palicyholder, excluding Underwriting Extra Premium, losding for modal premium, Rider Premiums and applicable taxes, ceases or levies iF ony“As per Annual Ausited Financia fr the year FY 20-23. Le Insurance coverage is avalable in this product. This Life insurance produc is offered and uneraiten by Max Lite Insurance Co 4 The Life Insurance contracts between the proposer and Max Life Insurance Co. Lid Max Life Insuranee Company Limited i 3 Joint Ventre between Max Finan Services Limited and Asie Bank Limited. Corporate Oe: 13 Floor DLF Square Buin, Jaceranda Marg, OLFCley Phase I, Gurugram (Haryana 122 002. For more detals on rik factor. Terms and Conalcons please readthe Ret Prospectus carefully before Conciing2 sale Insurance i the subjet mater of soltation You may be ented to certain applicable tax bene on your premiums and policy benefits Please note silane tx benefits re subject to tax laws prevaling atthe tie of payment of premium or receipt of benefits by you. Tax nefits are subject to change in tx avs. Trade loge esplayed belongs to Max Financial Services td and Axls Bank tc respectively and with thelr consents, are used by Max Life Insurance Co, Lt. You can ell us on ur Customer Helpline No. 1860 120 5577 ‘As Bank United es Co;romoter and 3 Corporate Agent of Max Life Insurance Co.Ltd, Axi Bank Limite, Corporate offic: Bombay Dysing Mil Compound, Pandang Budhkar Marg, Wodk Munibal - 400 025. The purchase of a Ma fe Insurance products) by Axl Bank’s customer Is pura ona voluntary bai. As Aus Bank I nt In the business of Insurance, there ino lnk ether dect or Increct between the banking service offered by the bank tots customers and use of the insurance products, /ARN: Max Life/AURAAYChanre Matketng/ xis Gank/SWIP Leaflet/ October 2021 IROAI Regn, No - 108 | IRDAI Certificate Regn. Nos CA0089 ‘BEWARE OF SPURIOUS / FRAUD PHONE CALLS! “IRDA snot involved inact tke sling nsurance polices announcing bonus or Investment of premiums “Publi reclving such phone cals re requested to lodge a police compl.