How Does a Unit-Linked Plan Work

Some ULIPs like Max Life Shiksha Plus Super, Max Life Platinum Wealth Plan, and others, allow you to manage your existing corpus as well as future investments through options to systematically transfer funds from one fund type to another (based on your varying risk appetite). They also allow you to actively manage your funds to make the most of your invested amount.

ULIPs allow you to switch your existing investment from one fund type to another. You can use this feature to move all your funds as per your market outlook and life stage.

Get started with your investment and insurance journey by knowing how much insurance cover you need.

The linked insurance products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year.

Unit Linked Insurance Products (ULIPs) are different from the traditional insurance products and are subject to the risk factors. The premium paid in the Unit Linked Life Insurance Policies is subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Max Life Insurance is only the name of the insurance company and is only the name of the unit-linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these funds, their future prospects or returns.