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Max Life Term Insurance User Reviews & Ratings

162 reviews Rate This
Max Life Term Insurance
Highlights
Claim Settlement Ratio99.65%
Death Benefit Paid For15,342 Policies
Inception2000
Presence269 Offices
Total Death Benefit Paid562.54 Crore

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

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Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Max Life Term Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.4%
Starting From ₹ 1398/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Special Exit Benefit
  • Right Green Tick Terminal illness
  • Right Green Tick Accidental Death
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.7%
Starting From ₹ 1132/Month
Key Features:
  • Right Green Tick Special Exit Benefit
See More Plans
Rating of Max
4.6
Based on
162 User reviews

  • Policy renewed at ease

    I bought the Max Life Smart plan from the InsuranceDekho website. I visited them again to get my policy renewed. It was done at an ease and in no time. The team supported me well and guided me throughout. 

    D
    Disha Rana
    On: Feb 07, 2022

  • Good-to-go plan

    The Max Life Smart plan is really good. It has all those benefits that one expects from a good term insurance plan. I am happy and satisfied with it. I bought this plan from the InsuranceDekho website.

    J
    Jyotsana Bisht
    On: Feb 04, 2022

  • Various knowledgeable resources are available

    The InsuranceDekho website has the availability of varied knowledgeable resources like articles, etc. While buying the Max Life Smart plan, I read different articles which were nicely written and had a lot of information to gain from. I got to know a lot of things, which I didn't know before. 

    K
    Kush Aggarwal
    On: Feb 03, 2022

  • Policy issuance at ease

    I got the Max Life Smart term policy easily issued from the InsuranceDekho website. The team guided me and the steps were very easy to do the same. I am happy with the plan. Thanks to the team for their guidance. 

    N
    Naveen Kumar
    On: Feb 02, 2022

  • Chatbox feature

    I used the chat box feature available on the InsuranceDekho website while buying the Max Life Smart term plan. All my issues regarding the plan were resolved with the help of this feature. I am really happy with this plan. 

    H
    Happy Singh
    On: Feb 01, 2022

  • Secured payments

    I wanted a portal that could assure secured payments. I was advised by one of my friends to visit the InsuranceDekho website because they offer secured payments. I was relieved and bought the Max Life Smart term plan. I wanted to buy this plan for a long time for its benefits. Finally bought this. 

    N
    Nandini Garg
    On: Jan 31, 2022

  • Easy claims settlement

     I recently filed a claim for the Max Life smart term plan on the InsuranceDekho website. It was very easy to file it and also I got it done in very little time. Thanks to the team for doing it so quickly and making it so easy and convenient for me

    S
    Sakshi Yadav
    On: Jan 28, 2022

  • Easy claims settlement

     I recently filed a claim for the Max Life smart term plan on the InsuranceDekho website. It was very easy to file it and also I got it done in very little time. Thanks to the team for doing it so quickly and making it so easy and convenient for me

    M
    Mamta Sharma
    On: Jan 27, 2022

  • Easy comparisons

    It is very easy to compare several term insurance plans on InsuranceDekho. I used the online term insurance premium calculator tool available on the website which made comparing several term insurance plans an easy task. I purchased a Max Life Smart Secure Plus plan. 

    K
    Kunal Verma
    On: Jan 20, 2022

  • Hassle-free policy issuance

    I bought a Max Life Smart Secure Plus plan from InsuranceDekho. The process was completely hassle-free and the policy details were sent within a few minutes after making the payment. It was very easy to purchase the policy online with the help of InsuranceDekho.  

    K
    Kunal Singh
    On: Jan 18, 2022

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Max Life Term Insurance Contact Details

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Claim Process at Max Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQs

  • Why should I choose a Max Life Term Insurance Plan?

    Max Life Insurance is a reliable life insurance provider that offers several features and benefits in its term insurance plans. Apart from this, the company handles the claims well. Also, the insurance company offers high long-term coverage to policyholders which is available till the age of 85 years.

  • How much Max Life Term Life cover do you need?

    As a basic rule, one should buy term life cover up to 10-12 times of their annual income.

  • What is the grace period of the Max Life Term Insurance Plans?

    A grace period of 30 days from the premium due is allowed according to the guidelines by the Insurance Regulatory Authority of India (IRDAI).

  • Can I change the duration of my Max Life Term Insurance plan after the policy is issued to me?

    No. The duration of Max Life Term Insurance cannot be changed once the policy is issued.

  • Are Non-Resident Indians (NRIs) allowed to purchase Max Life Term Insurance Policy?

    Yes, Non-Resident Indians (NRIs) can purchase Max Life Term Insurance if they are Indian citizens, have at any time held an Indian passport, or a person who is legally wedded spouse of an Indian citizen.

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