Life Gain^TM Plus 25 (Par)

Benefits:

• Guaranteed financial protection
• Flexibility to choose premiumA regular payment made to the insurance company to keep the policy in force. payment term
• Additional protection through riders

Key Features:

Maturity Benefit:

On maturity of the policy, this plan provides 110% of the Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. and paid-up additions, if any.

Death Benefit:

On death of the Life Insured, the following benefits are payable:

• 100% of the Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. + Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. of paid-up additions, if any (if policy is in force for less than 5 years)
• 200% of the Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. + Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. of paid-up additions, if any (if policy is in force for 5 years or more)

Terminal Illness Benefit:

On diagnosis of a terminal illnessA disease that cannot be cured or adequately treated and that is reasonably expected to result in the death of the patient within a relatively short period of time. with a life expectancy of six months or less, the Life AssuredThe person covered by a life insurance policy. The insurance company pays out on the death of the policyholder. will get:

• Up to 50 % of Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. (subject to a maximum of Rs. 5,00,000)
• Remainder of Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. on the occurrence of the insured eventThe event that has been covered in the insurance policy.

BonusDividends paid to shareholders from funds created out of additional profits realised by the company. Options:

From third policy year onwards, you may be eligible for bonusDividends paid to shareholders from funds created out of additional profits realised by the company. and these will be paid out, based on your choice of bonusDividends paid to shareholders from funds created out of additional profits realised by the company. options:

• Cash BonusDividends paid to shareholders from funds created out of additional profits realised by the company., where you can take the bonusDividends paid to shareholders from funds created out of additional profits realised by the company. in cash
• PremiumA regular payment made to the insurance company to keep the policy in force. Offset, where you can use the bonusDividends paid to shareholders from funds created out of additional profits realised by the company. to pay a part of your premiumA regular payment made to the insurance company to keep the policy in force.
• Paid Up Additions, where you can use the bonusDividends paid to shareholders from funds created out of additional profits realised by the company. to permanently increase the Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured..

However, bonuses are not guaranteed and will be declared by the Company from time to time.

Multiple RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. Options:

To customize the plan to suit your individual needs, you can choose from six riderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. options.

Example:

A healthy 30-year old male buys Max New York Life Life Gain Plus 25 Participating Plan with a 10-year premiumA regular payment made to the insurance company to keep the policy in force. payment term for Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. of Rs. 4 Lac with an annual premiumA regular payment made to the insurance company to keep the policy in force. of Rs. 27,160 for a 25-year term.

Kindly note: The above stated is only an illustration and does not in any way create any rights and / or obligations. The actual experience on the contract may be different from the above example. The non-guaranteed low and high rates mentioned above relate to assumed investment returns at different rates and may vary depending upon market conditions. The premiumA regular payment made to the insurance company to keep the policy in force. mentioned is exclusive of service tax charges.

Modal factorsThe modal factor is usually a percentage of the annual premium. It is applicable if you decide to pay premium on a non-annual basis. for various premiumA regular payment made to the insurance company to keep the policy in force. modes are as follows:

Max New York Life Life Gain Plus 25 Participating Plan offers the riders below to customize your plan as per your needs:

Dread Disease RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104C010V02):

Dread Disease Rider Rates

Personal Accidental Benefit RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104C007V02):

Personal Accidental Benefit Rider Rates

Term RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104B019V01):

Term Rider Rates

Waiver of PremiumA regular payment made to the insurance company to keep the policy in force. (WOP) RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104B018V01):

Waiver of Premium (WOP) Rider Rates

Five-Year Renewable and Convertible Term RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104B012V01):

Five-Year Renewable and Convertible Term Rider Rates

Payor RiderAn attachment to a policy that modifies its conditions by expanding or restricting benefits or excluding certain conditions from coverage. (UIN: 104B013V02):

Payor Rider Rates