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Best Max Life Term Insurance Plans
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.51%
- Special Exit
- Terminal Illness
- Nominee's Choice payout
- Voluntary Top Up
- Tax Benefits
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹97.84%
- Waiver of Premium on Disability
- Terminal Illness
- Life Stage Benefit
- Tax Benefits
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At InsuranceDekho’s website you will find best term insurance plans offered by some of the leading insurance providers in India. I purchased a Max Life Smart Term plan after comparing several plans. I found a list of insurance companies based on their incurred claim settlement ratios.Read More
The website of InsuranceDekho is quite informative. Be it purchase of a term plan or claim settlement, instructions for such tasks are clearly mentioned on the website, which makes purchasing a term insurance and filing a claim settlement for a term insurance plan a much easier task. I purchased a Max Life Smart Secure Plus Plan.Read More
Before purchasing a term insurance plan I had set my budget. I wanted to purchase a comprehensive term insurance plan that fits in my budget. I compared several plans that fit my budget and purchased a Max Life Smart Secure Plus plan because it seemed the best choice that fulfilled my insurance requirements under my budget.Read More
Premium calculation is made very easy with the help of online term insurance premium calculator. I entered some basic information such as my name, age, gender and sum assured which are the factors which affect the premium calculation. After comparing several plans with the help of a premium calculator, I purchased the Max Life Smart Secure Plan.Read More
Comparing term insurance plans is a very easy task on the InsuranceDekho’s website. I was able to compare several term insurance plans, offered by some of the leading life insurance companies in India. You can compare several plans within minutes. After comparing several plans that fulfilled my requirements and fit my budget, I purchased the Max Life Smart Secure Plus plan. ...Read More
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I filed a claim for my Max Life Smart Term plan with InsuranceDekho. I am very thankful to the customer care executive of InsuranceDekho who provided me with great assistance at every step of the claim process. He made the claim process very easy for me. The claim was settled quickly as well.Read More
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Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.
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Term Insurance News
Term insurance is a popular choice among policyholders. It i...20 September 2021
A term insurance plan, an essential insurance product given ...10 September 2021
Claim Process at Max Life Term Insurance
Claim IntimationIn the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
Submission of DocumentsClaim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
Claim EvaluationOnce the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
Claim SettlementIf 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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FAQ About Max Life Term Insurance
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.