Max Life Smart Wealth Income Plan

While purchasing this plan, you can customise your protection cover by adding the Policy Continuance Benefit^##. Your loved ones can be assured of financial security with this added benefit. It will provide your nominated beneficiary with a lump sum and the assurance that any remaining survival or maturity benefits will always reach them, without extra premium payments.

Simply put, if the life insured suffers an untimely demise, the policy will continue as it is. For example, if you've paid 5 out of the due 15 years of Premium, and death occurs in the 6th year, we will pay the premiums for the remaining years, keeping all benefits intact.

There are options for Early Income, Early Income with Guaranteed^~Money Back, and Deferred Income plans, as discussed. All these choices include built-in guarantees as well as cash bonuses. You can also add the Policy Continuance Benefit^## to any of the variants to ensure that your family's financial security is never compromised.

**This bonus will be payable, if declared.

Max Life Smart Wealth Income Plan also has the option to accrue survival benefits and take them as per your need. You can choose to accrue your survival benefit payouts and withdraw as much as you like while earning interest over the accrued benefits and letting it grow.

With the Early Income and Early Income with GMB variants, the customers start getting the survival benefits starting from the 2nd policy year, hence providing the customer with an option of liquidity if needed.

As the policyholder, you have control over the choice of income period, including the whole life income option*. You can opt to receive income and avail of life cover till your preferred maturity age, which can be 100 years, 85 years, or 75 years of age.

Other than the Policy Continuance Benefit^## you can also add riders such as waiver of premium plus, accidental death & dismemberment rider, term plus rider, critical illness, and disability rider. They will help you enhance the benefits of the Max Life Smart Wealth Income Plan. *Refer to the rider prospectus for details.

Another distinguishing feature of the Max Life Smart Wealth Income Plan is the discounts offered to existing customers and female policyholders. The rebates are given on the premium rate and high sum assured. It helps customers gain financial security without putting a strain on their existing financial lives.

This is one of the most impressive features of this policy that allows you to provide financial security to your loved ones even in your absence without having to pay the premiums in case of an unfortunate incident.

The choices available to you in terms of the policy term, premium payment term, and death benefit variants make this plan one of the most customer-friendly policies available today.

You are eligible to receive two types of discounts. First, a flat 2% discount on your first year's premium. Also, if you're a female life insured, you can get a 0.75% discount on all applicable premiums. If that wasn't enough, high Sum Assured rebates are up for grabs if you choose to opt for a policy with higher coverage amount!

The minimum entry age of this policy is as low as 91 days, and it can cover the insured person for up to 100 years.

It is vital for you to go through the details of the policy and understand which variant is best-suited to meet the requirements of your loved ones in the long term. Hence, make sure you assess your investments, debts, and other liabilities carefully before purchasing the Max Life Smart Wealth Income Plan.

For Max Life Smart Wealth Income Plan we declared a participating bonus of 8% (as illustrated as below).