Whole Life Super Plan

Rajiv Verma is a 35 years old married person. He has a child whose age is 1 year. He wants to save systematically and create a legacy for his child. He also wants a regular fund from which he can withdraw money in case the need arises. He decided to buy Max Life Whole Life Super Plan with a Guaranteed Maturity Sum Assured of Rs. 18.66 Lacs, and Premium Payment Term of 20 years. His Annual Premium comes out to be Rs. 50,000 (without taxes, levies and loading extra). The Bonus Option chosen is Paid - Up Additions.

MAX LIFE WHOLE LIFE SUPER OFFERS INCREASING DEATH BENEFIT
AND LIQUIDITY THROUGH BONUS OPTION OF PAID - UP ADDITIONS

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Customer Give and Get:
Rajiv gives = Rs. 10 Lacs
Rajiv gets on Maturity (@ 4%) = Rs. 31.6 Lacs; Rajiv gets on Maturity (@ 8%) = Rs.1.48 Crores

*The non - guaranteed assumed rates of returns chosen in the above example are 4% and 8% and the mode of premium payment is Annual.
**EOY - End of Year; BOY - Beginning of Year

Please Note –The Cash Value, Death Benefit, Maturity Benefit will change (reduce) if the customer withdraws money from the policy (by surrender of Cash Value of PUA) in between the policy term.

Kindly note that the example above are only an illustration and does not create any rights and / or obligations. The assumed non - guaranteed rates of return chosen in the above illustrations are 4% and 8%. These assumed rates of returns are not guaranteed and they are not the upper limit of what you might get back as the value of your policy is dependent on a number of factors including future investment performance. The actual experience on the contract may be different from the illustrated. The guaranteed and non - guaranteed benefits are applicable only if all due premiums are paid. The premiums mentioned above are exclusive of Service Tax charges. Please note that Bonuses are NOT guaranteed and may be as declared by the Company from time to time.