Max Life Perfect Partner Super Plan

This plan has come up with a sack full of benefits and facilities to protect its customers. The followings are a few mentions among them.

Get Guaranteed 212.5% of the Guaranteed Maturity Sum Assured:

The plan offers a guaranteed payback of 212.5% of the Guaranteed Maturity Sum Assured. This comprises the guaranteed money back along with the lump sum benefit on Maturity.

• The money backs to ensure a carefree retirement – One will receive guaranteed money back of 7.5% of the Guaranteed Maturity Sum Assured on each policy anniversary immediately following the life insured attaining age 61 years to 75 years

• Lump sum Benefit on Maturity – The insured person will receive 100% of the Guaranteed Maturity Sum Assured plus accrued Paid-up Additions (if any) plus Terminal Bonus (if any), on policy maturity at age 75 years.

Flexible Bonus Option:

The plan offers the flexibility to choose among the following bonus options basis the needs:

• Paid in Cash – Bonus declared (if any) every year from the end of 2nd policy year is paid to the policyholder in cash throughout the policy term till the age of 75 of the life insured.

• Premium Offset – The bonus declared is used to offset future premiums payable by the insured.

• Paid Up Additions – Bonus declared is used to purchase additional sum assured that helps to boost the maturity value through the power of compounding.

Death Benefit:

On death during the term of the policy, the following benefits will be paid:

• Guaranteed Death Benefit that is higher of 11 times the Annualised premium plus underwriting extra Premiums, if any), or 105% of total premiums paid plus underwriting extra premiums plus loadings for modal premiums by Policyholder as on the date of death of the life insured,

• Accrued Paid-up Additions (if any), and

• Terminal Bonus (if any)

Maturity Benefit:

On maturity, that is, policy anniversary coinciding with or immediately following Life Insured’s 75th birthday, the following benefit will be paid:

• Guaranteed Maturity Sum Assured, plus

• Accrued Paid-up Additions (if any), plus

• Terminal Bonus (if any)

Terminal illness Benefit:

While this Policy is in force (including RPU mode), should the Life Insured be diagnosed to be suffering from a disease which, in the opinion of a Registered Medical Practitioner and the concurrence of the Company’s appointed doctor, is likely to lead to the death of the Life Insured within six months from the date of such certification from the registered medical practitioner (“Terminal Illness”), the Company shall, at the Policyholder’s request, pay the Benefits to the Life Insured under this policy is – Up to 50% of the Guaranteed Maturity Sum Assured (Face Amount) at the date of

Paid-up Additions withdrawal Option:

The Policyholder can surrender and take the cash value of the accrued PUA (if any) in partial or in full. The remaining PUA (if any) will continue to participate in bonuses.

• Minimum Withdrawal amount – Rs. 5,000

• Maximum Withdrawal amount – Subject to maximum PUA cash value available