Product Information
Saving And Investment Plans
Max Life Life Gain Premier
Synopsis:
A flexible savings-plan to suit your financial needs
Features:
- You will get Guaranteed Sum Assured on maturity of the policy
- You get the flexibility to choose both the Premium Payment Term & the Policy Term
- Terminal illness benefit
- Flexibility to withdraw
- Tax benefits
Benefits:
- Maturity Benefit- On completion of the policy term you will get a guaranteed payout along with applicable bonuses as the Maturity Benefit
- Death Benefit - On death during the policy term, your nominee will receive a guaranteed payout along with applicable bonuses as the Death Benefit and the policy will terminate
- Bonus Payout Options- You have the option to receive the annual cash bonus announced by Max Life Insurance in three different ways depending on your needs
- Terminal Illness Benefit- In case of any terminal illness, 50% of the Guaranteed Maturity Sum Assured is paid immediately upon policyholder’s request
- Tax Benefit - Get tax benefits under Section 80C, 80D, 80DD, 10(10D) as per prevailing tax laws
Eligibility:
| Minimum Age | 18 years |
| Maximum Maturity Age | 55 years for 15/20 year Policy Term 50 years for 25 year Policy Term For 15 years Policy Term: 70 years For 20 years and 25 years Policy Term: 75 years |