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WELCOME TO MAX LIFE INSURANCE Prithvi Mehta Avinash Borse Vedang Bhandekar Amit Dali .

while the average sum assured of a life insurance policy in the country is Rs 27. the average premium paid is Rs 1. ownership of insurance products is low .  At the all-India level.951. for all households.  However.227.Some Facts  The awareness about insurance products is around 78 per cent in India. .only 24 per cent households in the country own a life insurance cover.

Awareness of Life Insurance Source-India Financial Protection Survey .

OWNERSHIP PATTERN OF LIFE INSURANCE Source-India Financial Protection Survey .

ABOUT MAX NEW YORK LIFE INSURANCE COMPANY  ONE OF THE LARGEST LIFE INSURANCE COMPANIES IN THE WORLD  ESTABLISHED IN 1845 IN NEW YORK  215 BILLION $ UNDER MANAGEMENT  FIRST COMPANY TO INSURE WOMEN AT THE SAME RATE AS MEN IN 1894  FIRST COMPANY TO COVER DISABILITY BENEFIT  FIRST COMPANY TO ISSUE COVER FOR UNEMPLOYMENT/CUSTOMER CARE ON WEB  FIRST TO OFFER CASH DIVIDENDS TO POLICY HOLDERS .

ABOUT THE COMPANY  Max New York Life Insurance Company Ltd. is a joint venture between Max India Limited and New York Life International  IN INDIA MAX Life CAME IN 1985  IS OWNED BY TOP MOST PHARMA COMPANY RANBAXY GROUP  WITH MORE THAN 100 OFFICES IN INDIA IN 73 CITIES  AND ONE OF THE MOST REPUTATED LIFE INSURANCE COMPANY IN INDIA .

.  We are an honest life insurance company. Protection and Retirement Solutions.  We serve our customers through  Long Term Savings.VISION AND MISSION  'To bethe most admired life insurance company by securing the financial future of our customers‘. committed to doing what is right. delivered by our high quality Agency and Multi Channel Distribution Partners.  We are business with strong social relevance and contribute to society by supporting causes in health and well-being.

TYPES OF INSURANCE PLANS CHILD PLANS PROTECTION PLANS RETIREMENT PLANS SAVINGS PLANS .

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e.MAX SHIKSHA PLUS II (CHILD PLANS)  Comprehensive Protection For Your Child’s Future: The plan offers comprehensive Life Insurance coverage including Family Income Benefit and Funding of Future Premiums in case of Death of the Life Insured to ensure that your dreams for your child remain intact  Choose Your Policy Term Basis Your Need: You have the option to choose Policy Term basis your need i. 10 years or any term between 15 to 25 years. The Premium Payment Term is same as the Policy Term except for a 10 year Policy Term where the Premium Payment Term is 5 years .

Max Life Guaranteed Income Plan (savings plans)  Guaranteed Tax Free* Monthly Income - Get guaranteed tax free* monthly income for 10 years (Payout Period) along with one .time guaranteed tax free* Terminal Benefit at the end of the Payout Period  Guaranteed Income That Doubles After 5 Years - Guaranteed tax free* monthly income offered in first five years of the Payout Period is doubled in the remaining five years  Immediate Payout After Policy Term - Start enjoying monthly Income Benefit immediately after the Policy Term (starting next year after all Premiums have been paid) .

Max Life Cancer Insurance Plan (protection plans)  Comprehensive Plan : A Comprehensive cancer insurance plan covering all stages of cancer  Lump Sum Payout/s : Lump sum Payouts to cover medical expenses across all stages  Waiver of all Future Premiums : Waiver of premium for entire policy term in case diagnosed with Carcinoma in Situ (CiS) or Early Stage Cancer  Income Benefit : Income benefit for 5 years in case diagnosed with Major Stage Cancer along with lump sum .

Guaranteed Income to cater to your needs as long as you live  Option to choose from Single Life or Joint Life Annuity:-Option to receive life-long payments for as long as you or your partner are alive – You have the option to choose from : Single Life or a Joint Life Annuity  Return of Purchase Price:-Option to receive return of purchase price on death – After the death of the annuitant(s). the purchase price of the policy is returned to the nominee .Max Life Guaranteed Lifetime Income Plan(Retirement plan)  Guaranteed Income:.

 Estimated market share of Rs 67000 crore once the merger gets completed in next 10-15 months.MAX LIFE AND HDFC ‘MERGER’  Together they will form India’s largest listed life insurance company.behind state-owned Life Insurance Corp of India (LIC).which commands around 70% market share.8% market share. .  The merged HDFC Life will become the second-biggest insurr in the country with a 10.

too. .However.Role of Insurance in Wealth Management  Essential product in the area of wealth management  Helps to protect future earnings in any case of unfortunate accidents  Tax advantaged wealth transfer:-Unanticipated taxes can quickly diminish savings or investments. Here.life insurance death benefits are generally excluded from income tax to the beneficiary and may be excluded from the taxable estate if the insurance is owned by an Irrevocable Life Insurance Trust (ILIT) from inception.  Liquidity:-Having cash on hand to take care of unexpected expenses or taxes is also an important consideration when constructing a wealth plan. life insurance may be indispensible in helping to provide liquidity when you or your heirs need it most.