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A Unique Term Plan by Max Life Insurance

Life is uncertain and the best way to tackle the uncertainty is to plan for all circumstances. But when we create that plan it is important to note that we cannot take the path of one size fits all. 

In fact, we all have different family structures, incomes and savings. Max Life Insurance has recognized this facet and have therefore created a customisable online term plan.

There are three options for customisation:
  1. Max Life Online Term Plan Basic Life Cover: Here the beneficiaries receive a lump sum following the passing of the policy holder. This is the most affordable option.
  2. Max Life Online Term Plan Life Cover + Monthly Income: The beneficiaries receive a lump sum as well as monthly payments.
  3. Max Life Online Term Plan Life Cover + Increasing Monthly Income: Here beneficiaries receive a lump sum at the timing of passing as well a monthly income that increases to combat rises in standard of living costs or inflation.
Based on their situation in life, policy holders can opt for one of the three payments options.

How can a Term Plan help you?

A Term Plan is a great tool to:
  • Plan for the future well-being of your family
  • Mitigate any unexpected losses in the family
  • Combat any outstanding liabilities or loans
  • Maintain a family’s standard of living
  • Gives you peace of mind
  • Be an affordable means of Life Insurance
While there is no prescribed time to purchase a term plan insurance, due to the unexpected nature of life, most experts suggest that a term plan is bought early in the policy holder’s career. This will help you plan how much of your income is necessary for the expenses of your family.

With Max Life Insurance’s Online Term Plan you can avail of a lower purchasing cost, get more coverage for a lower spend, check the information at your leisure and do your research online to know which insurance company offers you the best deal.

In fact, Max Life Insurance is the only online term plan that has death benefits that include a Level Monthly Income option and Increasing Monthly Income option along with Lumpsum Sum Assured. The company also has highest percentage (96.23%) among private insurers of individual death claims paid in Financial Year 2016. Check out the term plan today. #MaxLifeTermPlan

Disclaimer : This is a Sponsored Post.

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