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Max Smart Secure Plus Term Insurance Riders
Highlights
Claim Settlement Ratio | 99.65% |
Death Benefit Paid For | 15,342 Policies |
Inception | 2000 |
Presence | 269 Offices |
Total Death Benefit Paid | 562.54 Crore |
Under the Max Life Smart Secure Plus plan, you choose to enhance your life insurance plan with riders. Following are the riders available under this plan:
1. Max Life Waiver of Premium Plus Rider: Under this rider, all future payable premiums get waived off if either of the following events occurs during the policy term:
- Diagnosis of a terminal illness
- Dismemberment
- Death due to accident/terminal illness
2. Max Life Critical Illness and Disability Rider: In case the life assured is diagnosed with a terminal illness during the policy term, a guaranteed benefit will be paid out to the life assured under this rider.
Key Inclusions and Exclusions of the Plan
What's Included
- Untimely Death
- Terminal Illness
- Spouse Cover
- Accident Death Cover
What's Not Included
- Substance Abuse
- Participation in a criminal or unlawful act
- Suicide/Attempt to suicide/Self-inflicted injuries
- Injuries caused in war, civil war, terrorist activity, etc.
- Terminal illness diagnosed and treated has outside India
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