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MAX LIFE SMART SECURE PLUS PLAN Here is a personlized illustration for you
(LIFE COVER, LIMITED PAY) that showcases how this plan will
benefit you
Mr.
^
Individual Death Claims Paid Ratio as per Audited Financials for FY 2022-2023 . *As per public disclosures 2022
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT.
**
Total Installment Premium is the Premium payable as per premium paying frequency chosen, it excludes GST and applicable taxes, cesses or levies, if any; and includes loadings for modal premiums, Underwriting Extra Premium and Rider Premiums if any.
Max Life Insurance Company Limited is a joint venture between Max Financial Services Limited and Axis Bank Ltd. Max Life Insurance Co. Ltd., Corporate Office: 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram - 122 002(Haryana).
Insurance is a subject matter of solicitation. For more details on risk factors, Terms and Conditions, please read the sales prospectus carefully before concluding a sale. Trade logo displayed belongs to Max Financial Services Ltd. and Axis Bank Ltd. respectively and
with their consents, are used by Max Life Insurance Co. Ltd. Customer Helpline Number: 1860 120 5577. Website: www.maxlifeinsurance.com, SMS 'LIFE' to 5616188.
ARN - Max Life/AURAA/YBL Channel Marketing/SSPP/ Smart BI/RSA/NTROP/October 2023 IRDAI Regn. No. 104
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
• IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. • Public receiving such phone calls are requested to lodge a police complaint.
BENEFIT ILLUSTRATION
[Date and Time of Illustration – 11 January 2024, 05:05 PM]
Rider Name Applicability/ Opted Sum Assured Coverage Term Payment Term
Premium Summary
Accelerated Critical Waiver of Premium
Accidental Cover Critical Illness and Total Installment
Base Plan Joint Life Illness Cover Benefit Plus Rider
Benefit Disability Rider Premium
UIN: 104N118V07 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 1 of 3
(Amount in Rupees)
1 52,570 - - NA 1,00,00,000 - -
2 52,570 - - NA 1,00,00,000 - -
3 52,570 - - NA 1,00,00,000 - -
4 52,570 - - NA 1,00,00,000 - -
5 52,570 - - NA 1,00,00,000 - -
6 52,570 - - NA 1,00,00,000 - -
7 52,570 - - NA 1,00,00,000 - -
8 52,570 - - NA 1,00,00,000 - -
9 52,570 - - NA 1,00,00,000 - -
10 52,570 - - NA 1,00,00,000 - -
11 52,570 - - NA 1,00,00,000 - -
12 52,570 - - NA 1,00,00,000 - -
13 52,570 - - NA 1,00,00,000 - -
14 52,570 - - NA 1,00,00,000 - -
15 52,570 - - NA 1,00,00,000 3,75,820 3,75,820
16 - - - NA 1,00,00,000 3,64,075 3,64,075
17 - - - NA 1,00,00,000 3,52,331 3,52,331
18 - - - NA 1,00,00,000 3,40,586 3,40,586
19 - - - NA 1,00,00,000 3,28,842 3,28,842
20 - - - NA 1,00,00,000 3,17,098 3,17,098
21 - - - NA 1,00,00,000 3,05,353 3,05,353
22 - - - NA 1,00,00,000 2,93,609 2,93,609
23 - - - NA 1,00,00,000 2,81,865 2,81,865
24 - - - NA 1,00,00,000 2,70,120 2,70,120
25 - - - NA 1,00,00,000 2,58,376 2,58,376
26 - - - NA 1,00,00,000 2,46,632 2,46,632
27 - - - NA 1,00,00,000 2,34,887 7,88,550
28 - - - NA 1,00,00,000 2,23,143 2,23,143
29 - - - NA 1,00,00,000 2,11,399 2,11,399
30 - - - NA 1,00,00,000 1,99,654 1,99,654
UIN: 104N118V07 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 2 of 3
Guaranteed Non Guaranteed
Single/ Annualized Premium
Policy Year Min Guaranteed Surrender
Survival Benefits/ Loyalty Special Surrender Value/
Other Benefits, if any Maturity Benefit Death Benefit Value/ Exit Value
Additions Special Exit Value
Notes:
• Annualized Premium includes base policy and additional benefits premium, if opted. It excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and
Service Tax.
• Guaranteed Death Benefit will be paid to the beneficiary, immediately on death of the Life Insured or diagnosis of terminal illness (capped at sum assured of 1 crore) on the Life Insured, whichever is earlier.
Refer Sales literature (Prospectus) for explanation of terms used in this illustration.
I, ……………………………………………. (name),have explained the premiums, and benefits I, ……………………………………………. (name), having received the information with respect
under the product fully to the prospect / policyholder. to the above, have understood the above statement before entering into the contract.
Place: Signature / Thumb Impression / Electronic Signature of Date:1/11/24 Signature / Thumb Impression / Electronic Signature of
Date: 1/11/24 Agent / Intermediary / Official Prospect / Policyholder
This system generated benefit illustration shall be treated as signed by me.
UIN: 104N118V07 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 3 of 3