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Endowment Insurance : Max - Life gain Endowment plan


Features: This plan provides with an insurance cover that is guaranteed during the tenure of the policy. This policy also builds cash value, which you can use during your lifetime to fund any unforeseen needs.

General Exculsion: Suicide within one year form the date of issue of the policy.
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Detail of Max - Life gain Endowment plan
Premium Cost (Rs.) 28,615
Minimum entry age (Yrs) 0
Maximum entry age (Yrs) 65
Maximum age at maturity (Yrs) 75
Minimum tenure(Yrs) 10
Maximum tenure(Yrs) 40
Grace period 30 days
Pre-mandatory Medicals DNA
Cost of health checkup DNA
Gauranteed bounus amount per thousand DNA
Loyalty bounus 10.00%
Number of Riders covered 6  
Accidental death and Disability rider Yes  
Waiver of premium Yes  
Additional term benefit Yes  
Critical illness benefit Yes  
Payor rider Yes  
Convertible rider (additional life cover) Yes
Loan available Yes  
Premium frequency Yearly, Half-Yearly, Quarterly, Monthly
Conversion option DNA
Revival of Lapse policy Within 3 years of the date discontinuance of the premium.
Income tax benefit Income Tax benefits are available under section 80C and section 10(D) of Income Tax Act,1961.


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To find the best deal,
Compare
Max - Life gain Endowment plan
with other provider
  Policy Name Premium (in Rs.) Action
HDFC Endowment Assurance Plan 23,575  
HDFC Savings Assurance Plan 29,280  
HDFC Assurance Plan 29,665  
LIC Jeevan Mitra (Triple Cover Plan) 27,542  
LIC New Janaraksha Plan 24,899  
LIC Endowment Assurance - (R.P) 23,978  
LIC Jeevan Anand 27,550  
LIC Jeevan Mitra (Double Cover Plan) 25,772  
Future Life INSTALife 24,450  
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Aviva Anmol Suraksha 34,200  
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Tata AIG Assure Security and Growth Plans 34,085  
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ING Vysya Reassuring Life Endowment Plan 23,321  
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Future Life Assure 24,595  
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ICICI Pru Life Save n Protect 23,068  
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Max - 20 year endowment plan 24,150  
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Bajaj Allianz Life Invest Gain - Diamond 24,874  
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Bajaj Allianz Life Invest Gain - Gold 23,510  
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Bajaj Allianz Life Invest Gain - Platinum 26,237  
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Bajaj Allianz Life Invest Gain - Economy 22,247  
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Bajaj Allianz Life Super Saver 37,386  
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Shriram Shrilife 24,159  
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