Max Life Insurance Company Ltd. (“Max Life” / “Company”), has launched its marquee Smart Wealth Advantage Guarantee Plan – a Non-Linked, Non Participating Individual Life Insurance Savings Plan, that offers guaranteed returns, life insurance cover and financial protection all combined in one product.
With its comprehensive benefits, the Smart Wealth Advantage Guarantee Plan is a holistic product that endeavors to ensure customers meet their life goals and remain protected in the long-run from financial uncertainties. In a unique proposition, the product offers the customer to receive the annual income on a preferred date decided by the policyholder, and not necessarily at the anniversary of the policy issuance.
Prashant Tripathy, MD & CEO, Max Life Insurance said, “Life is ever-changing and as you grow, your and your family’s needs and aspirations also grow. Whether it is achieving milestones like buying your dream house, securing your child’s education or enabling a peaceful retirement, you need to safeguard them in today’s uncertain environment. Our Smart Wealth Advantage Guarantee Plan offers life insurance with wealth creation benefits, meant for a financially strengthened future. A marquee product from Max Life, it’s made on a very innovative design to provide a range of flexible options to the policyholder to choose from, without discounting the returns.”
Key features of the product include:
| Enhanced flexibility |
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| Guaranteed income[2] |
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| Full-proof financial protection |
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| Secured retirement |
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About Max Life Insurance (www.maxlifeinsurance.com)
Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group.
Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multi-channel distribution including agency and third-party distribution partners. Max Life has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.
As per public disclosures and annual audited financials for FY2021-22, Max Life has achieved a gross written premium of INR 22,414 crore.
For more information, please visit the Company’s website at www.maxlifeinsurance.com
[1] Guaranteed income – The guaranteed benefits are applicable only if all premiums are paid
[2] Guaranteed income – The guaranteed benefits are applicable only if all premiums are paid
[3] Tax free income – One may be eligible for tax benefits as per prevailing tax laws. GST applicable on premium as per prevailing tax laws