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Max Life Term Insurance User Reviews & Ratings

161 reviews Rate This
Max Life Term Insurance
Highlights
Claim Settlement Ratio99.35%
Death Benefit Paid For15,342 Policies
Inception2000
Presence269 Offices
Total Death Benefit Paid562.54 Crore

Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Max Life Term Insurance Plans

1 Crore
1.5 Crore
2 Crore
2.5 Crore
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.51%
Starting From ₹ 682/Month
Claim Settlement
Key Features:
  • Right Green Tick Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Nominee's Choice payout
  • Right Green Tick Voluntary Top Up
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹95.28%
Starting From ₹ 812/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Waiver of Premium on Disability
  • Right Green Tick Terminal Illness
  • Right Green Tick Life Stage Benefit
  • Right Green Tick Special Exit Benefit
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.39%
Starting From ₹ 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
See More Plans
Rating of Max
4.6
Based on
161 User reviews

  • Policy Renewal was Easy

    I have renewed my Max Life Term Insurance policy this year with InsuranceDekho and the process was quick. Their customer login and dashboard is simple and easy to use. Good website

    C
    Christina Murmu
    On: Feb 29, 2024

  • Nice Company

    I am thankful to InsuranceDekho. Thank you for suggesting Max's life-term insurance. I claimed my insurance policy, for which the claim settlement was very quick. The customer team updated me continuously about the status of my Max life term insurance policy and made sure that my claim was settled smoothly and quickly. Lovely experience!

    S
    Sanchit Raghav
    On: Jan 25, 2024

  • Renew Insurance Easily

    Thank you InsuranceDekho, for helping me renew my Max Term Life Insurance plan easily. The Customer Care team is amazing. I acknowledge their professionalism and I recommend to everyone that they should consider the InsuranceDekho platform to buy, renew, or claim a term Life insurance policy.

    V
    Varun Yadav
    On: Jan 08, 2024

  • Effortless Process

    The InsuranceDekho Team was very helpful while I was buying the Max life term insurance. The InsuranceDekho coordinator was very attentive and ready to answer all my queries and even helped me buy the right Max term insurance plan.

    S
    Sahil Kumar
    On: Dec 04, 2023

  • My doubts were settled in time

    All my queries related to the Max Life Term Insurance Policy were settled on time. My queries were answered on time and I even received friendly suggestions on the InsuranceDekho website. 

    P
    Priyanka Kumari
    On: Nov 22, 2023

  • Complete Term Insurance Solution

    Our experience with InsuranceDekho was complete and fulfilling. They provided us with the guidance and tools to secure the perfect Max Life Term Insurance Policy for our family's protection.

    H
    Harsh Makhija
    On: Nov 16, 2023

  • Savings and Security with InsuranceDekho

    Thanks to InsuranceDekho, I secured the Max Life Term Insurance Policy that not only saved me money but also provided the security my family deserves.

    S
    Saroj Talwar
    On: Nov 08, 2023

  • Multiple Payment Options

    InsuranceDekho offers multiple payment options for my Max Life Term Insurance Policy, making it convenient for me as I have different preferences.

    M
    Minakshi chaudhary
    On: Nov 07, 2023

  • User-Focused Interface

    InsuranceDekho's website is very user-focused. It's easy to navigate, and I could complete my Max Life Term Insurance Policy purchase without any confusion.

    G
    Gopal Joshi
    On: Nov 03, 2023

  • Prompt Service

    InsuranceDekho offers prompt service. I didn't have to wait long for my Max Life Term Insurance Policy to be issued.

    P
    Punita Lal
    On: Oct 31, 2023

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Max Life Term Insurance Contact Details

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Claim Process at Max Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQs

  • Why should I choose a Max Life Term Insurance Plan?

    Max Life Insurance is a reliable life insurance provider that offers several features and benefits in its term insurance plans. Apart from this, the company handles the claims well. Also, the insurance company offers high long-term coverage to policyholders which is available till the age of 85 years.

  • How much Max Life Term Life cover do you need?

    As a basic rule, one should buy term life cover up to 10-12 times of their annual income.

  • What is the grace period of the Max Life Term Insurance Plans?

    A grace period of 30 days from the premium due is allowed according to the guidelines by the Insurance Regulatory Authority of India (IRDAI).

  • Can I change the duration of my Max Life Term Insurance plan after the policy is issued to me?

    No. The duration of Max Life Term Insurance cannot be changed once the policy is issued.

  • Are Non-Resident Indians (NRIs) allowed to purchase Max Life Term Insurance Policy?

    Yes, Non-Resident Indians (NRIs) can purchase Max Life Term Insurance if they are Indian citizens, have at any time held an Indian passport, or a person who is legally wedded spouse of an Indian citizen.

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