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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
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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

  • Transparency at Its Best!

    One thing that stood out while purchasing the Max Life Term Insurance Policy from InsuranceDekho was their transparency. Unlike some other providers, InsuranceDekho clearly laid out all the policy terms and conditions, leaving no room for confusion. I felt confident and fully aware of what my policy covered. 

    M
    Manish Gokam
    On: Jul 28, 2023

  • There are indeed a lot of options.

    On the InsuranceDekho website, you can select from a variety of plans. After considering my options, I decided on the Max Life Term Insurance Policy The plan is excellent and meets all of my requirements and expectations. The strategy was outstanding, and I would recommend it to anyone

    S
    Simple Gulati
    On: Jul 14, 2023

  • Trustworthy Company

    My purchase of the Max Life Term Insurance Policy from InsuranceDekho was wonderful. The company put all their efforts into helping and guiding me. And, I would like to appreciate their well-designed and informative website that helped me a lot in understanding the terms related to term insurance plans. I would recommend this plan to everyone and InsuranceDekho to buy the protection while sitting at home. 

    C
    Charu Gagneja
    On: Jun 30, 2023

  • Learnt about the availability of riders

    On InsuranceDekho’s website, I found information on different term insurance riders that help in increasing the coverage of the term insurance policy. While purchasing the Max Life Term Insurance Policy from InsuranceDekho I added a suitable rider to my policy. It was very easy to opt for a rider while purchasing the plan from the website

    P
    Parvesh Saini
    On: Jun 27, 2023

  • The plan was reasonably priced

    I was looking for an affordable term plan for a long time. So, when one of my friends suggested that InsuranceDekho has many affordable term plans, I visited their website. I found that the Max Life Term Insurance Policy matched my budget, so I bought it.

    R
    Rani Sethi
    On: Jun 23, 2023

  • The famous chatbox feature

    I used the chatbox feature available on InsuranceDekho to get answers to most of my queries. With the help of the chatbox feature, it was easy to buy the Max Life Term Insurance Policy from InsuranceDekho.

    A
    Atul Ray
    On: Jun 06, 2023

  • The policy was issued on time

    I wanted to buy the Max Life Term Insurance Policy from InsuranceDekho. So, after I submitted all the relevant documents and did the payment, my policy was instantly issued. It hardly took 5 minutes for the entire process. 

    U
    Urvi Balasubramanian
    On: Jun 02, 2023

  • Renewed my policy in very less time

    I bought the Max Life Term Insurance Policy a year ago from the InsuranceDekho website. Last week, I wanted to get it renewed. I visited the InsuranceDekho website, and by following some simple steps and with the proper guidance of the team, I got it renewed in very little time

    P
    Pooja Yadav
    On: May 31, 2023

  • I bought a top-rated term plan

    With so many term plans available I was confused about which one to buy. So, I read the customer reviews and found that the Max Life Term Insurance Policy is a top-rated plan. Then, I bought the Max Life Term Insurance Policy from InsuranceDekho.

    L
    Lipika Verma
    On: May 24, 2023

  • Top insurance companies listed

    The InsuranceDekho website has a list of all the top insurance companies which helped me look for an appropriate plan. After viewing everything, I decided to buy the Max Life Term Insurance Policy. The plan offers all the necessary benefits and is worth buying. 

    A
    Anaisha Khanna
    On: May 17, 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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