Max New York Life Insurance: SMART Assure Plan

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Protection

Five Yr Renewable and Convertible™

Level Term Policy Policy

Children

Children's Endowment to 18 (Par)

Children's Endowment to 24 (Par)

SMART Steps ^TM

SMART Steps ^TM Plus

SMART Steps ^TM Single Premium

Investment

Life Maker ^TM Premium

Life Maker ^TM Platinum

Easy Life ^TM Retirement (Par)

SMART Invest ^TM Pension

Health

LifeLine MediCash ^TM

LifeLine MediCash ^TM Plus

LifeLine Wellness ^TM

LifeLine Wellness ^TM Plus

LifeLine Safety Net ^TM

Savings

Whole Life Participating

20 year Endowment (Par)

Endowment to Age 60 (Par)

Life Gain ^TM Plus 20 (Par)

Life Gain ^TM Plus 25 (Par)

Life Pay ^TMMoney Back

Life Gain ^TM Endowment

Bancassurance

Additional Distribution

Max Amsure

Secure Returns Builder

SMART Assure Plan

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We double your benefits smartly...
It is hard to earn money in today's world so everybody expects their money to grow through smart investment plans. SMART Assure is one of the unique Unit linked Life insurance plan that not only provides you an insurance coverage but also effectively invests your money in the choice of your funds in a range of asset classes to suit your risk profile. This plan manages your hard earned savings professionally by allocating your funds dynamically in the market for maximum returns, which in turn will give you freedom from tracking the market. It will provide you complete protection cover under the hard circumstances, such as personal accident and dreadful diseases.

Our smart assure plan also enables you to make partial withdrawals at the time of unexpected expenses. The switching feature of this policy provides you the facility to change the investment pattern by moving from one fund to other fund(s) amongst the funds offered under this contract.

Eligibility Criteria

Criteria	Eligibility
Entry Age	91 Days – 75 Years
Maturity Age	Min 18 Years; Max 85 Years
Choice of Term	10 - 30 Years
Minimum Premium	Rs. 20,000
Premium Payment Term	Regular
Premium Payment Options	Level Premium, Increasing Premium (5% per annum)

Maturity Benefit: On maturity, we will pay you the Fund Value. However, if you do not want the proceeds on maturity (i.e. incase you want to stay invested in market for longer to take advantage of bull/bear run), you may choose to defer payment of proceeds to up to 5 year by opting for the Settlement option

Death Benefit: (Higher of)

The Fund Value prevailing on the date which immediately follows the date of intimation of death to Us; or

The Sum Assured

You have the flexibility to direct your investments in any one or more of the following six unit linked investment funds of the Company: SECURE, CONSERVATIVE, BALANCED, GROWTH, GROWTH SUPER and DYNAMIC OPPORTUNITIES or choose DYNAMIC FUND ALLOCATION OPTION in which assets under management shall be maintained in the Growth Super and Secure Funds during the policy tenure. These funds invest in Fixed Income and equity assets as follows:

Select any one or all of the mentioned funds

Fund	Secure Fund	Conser- Vative Fund	Balanced Fund	Growth Fund	Growth Super	Dynamic Opport- Unities
Investment Type	Secure Fund	Conser- Vative Fund	Balanced Fund	Growth Fund	Growth Super	Dynamic Opport- Unities
Government Securities	50-100%	50-80%	20-50%	0-30%	0-20%	0-100%
Corporate Bonds	0-50%	0-50%	20-40%	0-30%	0-20%	0-100%
Money Market Instruments / Cash	0-20%	0-20%	0-20%	0-20%	0-20%	0-40%
Equities	NIL	0-15%	10-40%	20-70%	70-100%	0-100%

Flexibilities

Switching: This plan allows you to switch between funds and allows you to change your risk return profile of your existing investments, safeguarding/increasing your investments for your child. 6 Free switches are available to you in a Policy Year..

Premium Re-Direction: This plan allows you to re-direct your future premiums. You can invest your future premiums in a fund different from your earlier fund, or to multiple funds in a ratio different from your earlier ratio. 3 free re-directions are available to you in a policy year.

Partial Withdrawal:You can make lump-sum partial withdrawals from your funds at any time after the policy has completed three years and within the policy term chosen, provided the minimum amount of partial withdrawal is Rs. 10,000.

Surrenders: You may by giving us a prior written request, surrender this policy, at any time after the completion of first policy anniversary, provided an amount equal to one ATP has been paid by you. However, the surrender value if any shall be paid only after the completion of third policy anniversary.

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