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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
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Rating of Max
4.6
Based on
161 User reviews

  • The team is good

    I am really impressed with the customer service of InsuranceDekho. The team resolves all your queries and helps you in every way possible. I can say this because my Max Life Smart Secure Plus Plan issuance process was extremely great. 

    U
    Umang Gupta
    On: Jul 26, 2021

  • You get many options

    If you are planning to buy term insurance, I would advise you to come to InsuranceDekho. The company provides multiple options as well as detailed information about each policy. I bought my Max Life Super Term Insurance Plan recently. 

    S
    Sandip Lakhmani
    On: Jul 23, 2021

  • Excellent customer service

    I would like to bring attention to how superbly the team of InsuranceDekho helps its customers with their various concerns. I had the best experience during the Max Life Smart Term Plan purchase. Kudos to you guys!

    S
    Shreya Talwar
    On: Jul 21, 2021

  • No paperwork required

    I have recently got my Max Life Smart Secure Plus Plan issued, all thanks to InsuranceDekho for their help. Must say that the process went quite smoothly and there was no paperwork involved that usually people wish to avoid.   

    K
    Keerti Kumar
    On: Jul 19, 2021

  • Excellent customer service received

    I was recommended the name of InsuranceDekho for term insurance. Glad to state that I am happy with the way the customer service team has helped me get Max Life Smart Term Plan issued without much effort. 

    A
    Ansh Malhotra
    On: Jul 16, 2021

  • Fast claim settlement

    I filed a term insurance claim for my Max Life term insurance policy. I am very thankful to the InsuranceDekho team for providing me assistance on every claim settlement step which helped me get complete claims easily and quickly. 

    R
    Rajat Verma
    On: Jul 14, 2021

  • All queries resolved

    Before going ahead with the purchase of Max Life’s Super Term Plan, I wanted to have a thorough understanding of its details. All thanks to the superb team at InsuranceDekho, I got all the answers to my queries. Highly impressed! 

    S
    Savita Shukla
    On: Jul 12, 2021

  • Got to know detailed benefits

    I am grateful to InsuranceDekho for encouraging me to invest in a term insurance plan to protect my family. I read the detailed benefits of having a term plan and was convinced. I generated my quotes, compared and found Max Life Premium Return Protection Plan.

    P
    Paramita Ghoshal
    On: Jul 09, 2021

  • Best insurance companies listed

    I started to go through the list of insurance companies and their policy details and was amazed by the list given on InsuranceDekho. The high claim settlement ratios, persistency ratios made each company listed here a reliable choice. Finally, I bought Max Life Smart Secure Plus Plan. 

    P
    Priyanka Das
    On: Jul 07, 2021

  • Got the list of required documents

    Before documenting Max Life’s Smart Secure Plus Plan, I wanted to get the list of the required documents to arrange their softcopies. I landed on InsuranceDekho and along with the policy documentation instructions I found the list of the required documents. 

    A
    Aatreyi Sarkar
    On: Jul 05, 2021

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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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