Max New York Life Insurance Life Gain Plus 25 Participating Plan
Max New York Life’s – Life Gain™ Plus 25 is a limited pay endowment plan to meet your financial goals to ensure your complete peace of mind. You can enjoy the full benefits of an endowment plan with life insurance that requires you to pay premiums only over a very limited period, while you get cover for the entire tenure! Also, your money grows quickly, resulting in a substantial lump sum on maturity.
In case of unfortunate death, this plan also provides sum assured plus additional insurance coverage purchased from bonuses for first 5 years and then doubles the same afterwards.
You can also customize your policy to meet your specific needs. We offer you the flexibility to enhance the value of your policy by using various rider options available. In addition, you are also eligible for bonuses and terminal illness benefits, where you can use 50% of your sum assured at the time of your treatment and the balance of the sum assured will be payable to your family on the occurrence of the insured event.
This policy helps you save for any specific need that you foresee 25 years down the line.
|Entry age||18 years to 50 years|
|Maturity age||75 years|
|Premium Payment Term||6 / 10 / 15 years|
|Minimum Sum Assured||Rs. 50,000|
|Maximum Sum Assured||No limits, subject to underwriting|
- Guaranteed Financial Protection
- Choice of premium payment term
- Tax benefits on premiums and maturity proceeds
- Additional protection through riders
- Bonus is declared every year from 3rd policy year onwards
Download its brochure here.
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