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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

  • Regular follow up

    I was happy to see that after the purchase of the Max Life Term Insurance Policy from the InsuranceDekho website, the services did not end there. The case followed even after the purchase and regular follow-ups were done from them. Happy to see that I got good after-sales services as well. 

    C
    Chirag Mittal
    On: Mar 29, 2023

  • Has the top reviews

    Reading reviews from other customers on the InsuranceDekho website, who have purchased term insurance can provide valuable insights into the quality of the insurance product and the company's service. I read some very good reviews about the website and felt safe buying the Max Life Term Insurance plan from there. Keep up the good work. 

    K
    Karishma Dutta
    On: Mar 27, 2023

  • Easy to use and very effective

      The InsuranceDekho website is very easy to use and is very effective as well. I was convinced to buy the Max Life Term Insurance policy from here. I am very happy and satisfied with the plan. 

    R
    Rajeev Khosla
    On: Mar 23, 2023

  • Super Benefits

      I bought the Max Life Term Insurance plan from the InsuranceDekho website. The plan offered me all the benefits I was looking for. I am so happy that I finally got the plan of my choice. 

    J
    Jagjit Gandhi
    On: Mar 20, 2023

  • The website is very well managed

      The InsuranceDekho website is very well managed which helped me look for various things with ease. I bought the Max Life Term Insurance plan. The plan is actually amazing. After viewing all the plans, I found this plan to be the best one. 

    N
    Naira Gupta
    On: Mar 15, 2023

  • Chatbox feature

    I used the chat box feature available on the InsuranceDekho website while buying the Max Life Smart term plan. All my issues regarding the plan were resolved with the help of this feature. I am really happy with this plan. 

    H
    Happy Gulati
    On: Mar 02, 2023

  • User-friendly and informative website

    InsuranceDekho’s website is very user-friendly and informative. I got to learn about factors to consider while purchasing a term insurance plan which helped me to scout a good term insurance plan for myself. Considering those factors I compared different term plans and purchased Max Life Smart Secure Plus Plan. 

    Y
    Yatin Mahadeo
    On: Feb 23, 2023

  • Variety of rider

    While purchasing the Max Life Smart Secure term plan from InsuranceDekho, I got to know several riders available under this policy. I explored the different riders and their benefits. I purchased a rider that was best suited with my policy according to my budget and requirements. The information on the website helped me in making an informed decision. 

    K
    Kanishk Gupta
    On: Feb 07, 2023

  • Time saving comparisons

    It is very easy to compare plans on the InsuranceDekho’s website. The online premium calculator tool displays several term insurance plans instantly. Premium calculator helps in time saving comparisons. I purchased a Max Life Smart Secure Plus plan. 

    A
    Apar Sehgal
    On: Feb 02, 2023

  • Easy renewal policy

    I wanted to renew my Max Life Smart Term plan from InsuranceDekho. I contacted the helpline number of InsuranceDekho to know about the renewal process, the customer executive not only helped me renew the policy but also answered all my queries. The renewal process was quite easy and time saving.

    N
    Navdeep Singh
    On: Jan 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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