Max Vriksha^TM Money Back Plan

Maturity Benefits:

115% of SA + SA of PUA (in addition to the survival benefit (if any) paid during the tenure of plan

Death Benefit:

Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. (increasing at the rate of 4% of original SA per year during the term of the plan) + SA of Bonuses

Money When You Need It:

10% of original SA at end of 4^th and 8^th years and 15% at end of 12^th year

Peace Of Mind:

Life cover increases even after premiums are fully paid

Reduced PremiumA regular payment made to the insurance company to keep the policy in force. Burden:

PremiumA regular payment made to the insurance company to keep the policy in force. reduction of 2% of Initial Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured. for every year of premiumA regular payment made to the insurance company to keep the policy in force. payment term from 3^rd policy anniversaryThe anniversary of the date of issue of policy as shown in the policy. onwards

Easy To Plan:

Pay premiumA regular payment made to the insurance company to keep the policy in force. only for 12 years

Easy to Own:

No medicals required

Tax Benefits:

You may be entitled to certain tax benefits on your premiums and benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of PremiumA regular payment made to the insurance company to keep the policy in force. or receipt of benefits by you.

No Obligation:

15 days free look periodA period during which a new policy owner is allowed to review and return the policy for full refund of the paid premium, while enjoying the insurance cover.

Example:

Max New York Life Max Vriksha Money Back Plan illustrations for Rs. 50,000 Sum AssuredThe sum assured is the minimum amount payable to the assured or his/her dependants on the death of the life assured.

Kindly note: the above is only an example and does not in any way create any rights and / or obligations. The actual experience on the contract may be different from illustrated. 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.

How to Pay PremiumA regular payment made to the insurance company to keep the policy in force.

Choose the most convenient premiumA regular payment made to the insurance company to keep the policy in force. payment option - from paying online to paying at a dropbox. Check ways to pay your premiumA regular payment made to the insurance company to keep the policy in force..