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Max Life Term Insurance User Reviews

116 reviews Rate This
Max Life Term Insurance
Highlights
Claim Settlement Ratio99.35%
Customer Care9:00 AM to 6:00 PM
Death Benefit Paid For15,342 Policies
Inception2000
Presence269 Offices
Total Death Benefit Paid562.54 Crore

Term Life Insurance Premium Calculator

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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
Rating of Max
4.6
Based on
116 User reviews

  • Convenient comparison

    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. ...

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    P
    Preeti Soin
    On: Sep 15, 2021

  • User friendly website

    I needed to settle a death claim under my Max Life Smart Term plan on InsuranceDekho’s website. I noticed that the instructions to file a claim through the website were mentioned on the website itself, which made it easy for me to file a claim. The website is very easy to navigate and quite user friendly. 

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    A
    Ayush Mittal
    On: Sep 14, 2021

  • Fast claim settlement

    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. 

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    S
    Sangeeta Bansi
    On: Sep 08, 2021

  • Best term insurance plans offered

    InsuranceDekho offers some of the best term insurance plans offered by leading insurance companies. I purchased Max Life Smart Term from InsuranceDekho. As soon as I landed on InsuranceDekho’s website I learned about the claim settlement ratios of the different insurance companies. 

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    S
    Shripad Visala
    On: Sep 07, 2021

  • Secure Payment Portal

    The payments of the InsuranceDekho’s website is completely safeguarded and secured. After knowing that the payment portal is end-to-end encrypted I entered my credit card details and made payment for Max Life Smart Secure Plus Term plan. 

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    S
    Saurabh Negi
    On: Sep 02, 2021

  • Interesting website

    InsuranceDekho has quite an informative website. Be it purchase procedure or claim settlement, instruction for such tasks are mentioned on the website which makes purchasing or claim settlement easier. By following the instructions on the website I purchased the Max Life Smart Secure Plus Plan. 

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    S
    Sushil Surendranath
    On: Sep 01, 2021

  • Simple plan but good

    It has been around 15 days since I purchased the Max Life Smart Secure Plus Plan. I found this term plan simple yet very beneficial for me and my family. The premium is also very low. Thanks InsuranceDekho for your suggestion! 

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    T
    Tanuj Purohit
    On: Aug 26, 2021

  • Easy payment

    I bought Max Life Smart Term Plan from InsuranceDekho and I must say that the payment procedure at the website is quite simple. The website offers several payment options, I paid for my term insurance quickly and the payment was completely safeguarded. 

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    P
    Prayag Prithvi
    On: Aug 25, 2021

  • No paper-work required

    While purchasing the Max Life Smart Term plan from InsuranceDekho, literally no paper-work was required. I purchased the policy by uploading the documents and making payment online at the website only. The policy was issued and I was provided with the soft copy. I am very impressed with the green initiative taken by InsuranceDekho. 

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    A
    Aditi Rawat
    On: Aug 18, 2021

  • Quick claim settlement

    I filed a claim for my Max Life Smart Secure 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. 

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    B
    Bhavesh Mehta
    On: Aug 17, 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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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.

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