New Delhi, 9th May, 2022: Max Life Insurance Company Ltd. (“Max Life” / “Company”), has announced the launch of ‘Max Life Flexi Wealth Advantage Plan’ (UIN: 104L121V01), a unit linked non-participating individual life insurance plan designed to maximize the customer’s wealth creation needs while shielding their loved ones financially.
The unique offering will guarantee a return of eligible policy charges, loyalty additions, power-packed boosters, and a wide choice of variants that ensures meeting policyholders’ diverse needs. Furthermore, the customer can customize the plan with unlimited switches and premium redirection free of cost along different stages of the growth journey.
V Viswanand, Deputy Managing Director, Max Life said, “Max Life Flexi Wealth Advantage Plan is the perfect combination of life coverage and wealth creation for today’s customers, who demand personalization in financial planning. The plan comes with many innovative features and benefits designed to keep our customers at the centre. With options like whole life design, unlimited switches, and premium redirection at no cost, the customers can build their long-term wealth portfolio fulfilling their life goals.”
Key features of ‘Max Life Flexi Wealth Advantage Plan’:
*Charges eligible for return will be mortality charge on the death benefit, policy administration charge, and premium allocation charge and will exclude any extra mortality charge, mortality charge on WOP benefit, rider charge and Goods & Service Tax/any other applicable tax levied on the charges deducted. The return of charges will vary with the premium amount payable in a year.
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