Strategic products: Capital Builder Plan for Partnership Distribution.

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Strategic Products

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Capital Builder

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Capital Builder

Max New York Life Unit Builder

Max Amsure

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Bonus Builder

Business Builder

Secure Returns Builder

Capital Builder Plan

UIN 104L041V01

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The builder for life

Everyone in life desires continuous and genuine happiness. Insurance plays a special role in providing complete peace of mind and Max New York Life offers various tailor made insurance solutions to suit your lifestyle, budget, and insurance needs. Max New York Life also offers an array of Strategic Products keeping in mind its core values, vision, and social responsibility.

Max New York Life's Capital Builder is one of the simplest and the easiest product to understand. Capital Builder is an Ideal policy for less saving investors. It provides fixed life coverage, simple fund options and plan terms. This plan also gives an edge to you to choose any one of the investment plans amongst Govt. Securities, Corporate Bonds (Investment Grade), Money Market Instruments/Cash or Equities.

"For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale".

Eligibility Criteria

Criteria	Eligibility
Entry Age	91 days to 55 years
Maximum Maturity age (Life Insured)	75 years
Policy Term	15 years or 20 years
Minimum ATP allowed	Rs. 15,000
Maximum ATP allowed	a) Up to 35 years Rs. 300,000 b) 36 - 40 years Rs. 200,000 c) 41 – 55 years Rs. 100,000
Premium Term	Equal to the Policy term
Sum Assured	Fixed - 10 times the Annual Target Premium

Personal Accident Benefit Rider

Age

20 – 55 Years

Benefits

The Personal Accident Benefit is a low cost additional benefit that is paid in case the insured’s death or total and permanent disability is caused by an accident.

Total and Permanent Disability means accidental injuries which, within 180 days from the happening of such accident and independently of all other causes, results in:

rrecoverable loss of entire sight in both eyes; or
amputation or loss of use, of both hands at or above the wrist; or
amputation or loss of use, of both feet at or above the ankles; or
amputation or loss of use, of one hand at or above the wrist and one foot at or above the ankle,such that the life insured becomes incapable of engaging in any gainful activity or carrying out any work, occupation, or profession to earn or obtain any wages, compensation, remuneration or profit.

Expiry Age

60 Years

Minimum Face Amount

Rs. 1 lac

Maximum Face Amount

The lower of base face amount or Rs. 40 lacs

Benefit Features

Includes benefit incase of accidental death or permanent and total disability

Calculation of Modal Premiums Semi Annual, Quarterly and Monthly Modes

For traditional policies, multiply by the appropriate factor

Annual	1.000
Semi Annual	0.520
Quarterly	0.265
Monthly	0.090

Age

20 – 55 Years

Benefits

The Personal Accident Benefit is a low cost additional benefit that is paid in case the insured’s death or total and permanent disability is caused by an accident.

Total and Permanent Disability means accidental injuries which, within 180 days from the happening of such accident and independently of all other causes, results in:

Irrecoverable loss of entire sight in both eyes; or

Tenors Available:

Pick-a-Term: Minimum 10 Years Maximum 40 Years

Expiry Age

60 Years

Minimum Face Amount

Rs 1,00,000/-

Maximum Face Amount

The lower of base face amount or Rs. 40 Lacs

Benefit Features

Gives an additional benefit upon diagnosis of any of the ten diseases viz – Heart Attack, Cancer, Stroke, CABG, Multiple Sclerosis, Kidney Failure, Major Organ Transplant, Paralysis, COMA, Heart Valve Replacement/Repair

Calculation of Modal PremiumsSemi Annual, Quarterly andMonthly Modes

For Selling DD on traditional policies, please for multiply by the factor below:

Annual	1.000
Semi Annual	0.520
Quarterly	0.265
Monthly	0.090

Age

20 – 45 Years (Whole Life Par)
20 – 55 Years (All other plans)

Benefits

The waiver of premium protects the life insured from the burden of paying the premiums on his insurance in case he/she gets totally disabled. “Total Disability” or “Totally Disabled” refers to the life insured becoming permanently and totally disabled as a result of injury or sickness and is thereby totally incapable of engaging in any gainful activity or carry out any work, occupation, or profession to earn or obtain any wages, compensation, remuneration or profit

Expiry Age

55 Years (Whole Life Par)
60 Years (All other plans)

Minimum Face Amount

Linked to Base and relevant rider Premiums

Maximum Face Amount

Subject to underwriting

Calculation of Modal Premiums, Semi Annual, Quarterly andMonthly Modes

For the following frequencies multiply by the factor given below:

Annual	1.000
Semi Annual	0.520
Quarterly	0.265
Monthly	0.090

Select any or all of the mentioned funds

Asset Types	Growth Super (%)	High Growth (%)	Balanced (%)	Secure (%)
Govt. Securities	0 - 20	0 - 30	20 - 50	50 - 100
Corporate Bonds (Investment Grade)	0 – 20	0 – 30	20 - 40	0 - 50