Max Life Insurance Company has recently announced the launch of ‘Smart Flexi Protect Solution’, a three-in-one offering that provides health and life cover, along with market-linked investment returns.
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A combination of Max Life Flexi Wealth Plus and Max Life Critical Illness and Disability Secure Rider, this is a proposition of wealth creation along with comprehensive protection against death, disability and critical illness, Max Life said in a statement.
Here are the key highlights of Max Life’s Smart Flexi Protect Solution:
Enhanced Death Benefit
Max Life’s Smart Flexi Protect Solution has enhanced death benefit, offering the nominees an extra layer of financial protection in the event of the unfortunate demise of the insured, Max Life said.
Health Cover
With Max Life’s Critical Illness and Disability Secure Rider, one gets financial protection against 64 critical illnesses and total permanent disability, the company said.
Investment Benefit
The solution can help policyholders meet investment objectives through market-linked returns.
Frictionless Onboarding
The solution is differentiated by its simplified onboarding experience and easy issuance with video medical examination and relaxed financial documentation.
Tax Benefits
Tax benefits may be available as per the prevailing tax laws, according to Max Life Insurance.
The ‘Smart Flexi Protect Solution’ is a combination of:
1. Max Life Flexi Wealth Plus: Flexi Wealth Plus will help create financial protection with enhanced life cover plus savings with market-linked returns. This plan offers five different investment strategies and 11 funds along with return of mortality charges at maturity.
2. Max Life Critical Illness and Disability Secure Rider: The Critical Illness and Disability Secure Rider acts as a financial net, offering a specific coverage amount to financially secure one against 64 critical illnesses and total permanent disability.
(Edited by : Anshul)
First Published: Sept 8, 2022 5:05 PM IST
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