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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

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  • Male
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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

  • Quick comparisons

    I used the online premium calculator to evaluate the insurance plan several times in accordance with my desires and budget. The online device certainly helped me examine various time period plans at a time. After comparing, I bought a Max Life Smart Term sketch from InsuranceDekho. 

    V
    Vikas Mittal
    On: Jan 17, 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. 

    N
    Nakul Cheran
    On: Jan 13, 2022

  • User friendly and informative website

    InsuranceDekho’s website is very user friendly and informative. I got to learn about factors to consider while purchasing a term insurance plan which helped me to scout a good term insurance plan for myself. Considering those factors I compared different term plans and purchased Max Life Smart Secure Plus Plan.

    Y
    Yatin Mahadeo
    On: Jan 05, 2022

  • Compared several policies easily

    It is very easy to compare several term insurance policies on one platform with the help of InsuranceDekho. I compared different term plans offered by the best insurance companies in India using the online premium calculator available on the website. I had to enter details such as age, date of birth, sum assured, policy tenure etc. which displayed term plans instantly. I purchased a Max Life Smart Term Plan.

    G
    Gunveen Bajaj
    On: Dec 30, 2021

  • Best insurance companies listed

    Best part about InsuranceDekho is that I found a list of insurance companies based on their claim settlement ratio. I found some of the best insurance companies listed on the InsuranceDekho’s website. The information on the website regarding the insurance gave me confidence to choose and purchase Max Life Smart Term Plan from InsuranceDekho. I am very happy with my purchase....

    P
    Padam Malhotra
    On: Dec 28, 2021

  • Easy policy issuance

    Purchasing a life insurance policy from InsuranceDekho is a very simple task, it only takes three simple steps to purchase one. I purchased the Max Life Smart Term plan from InsuranceDekho, the policy details were sent within a few minutes of making the purchase and soft copy policy documents were provided.

    S
    Sanyam Jain
    On: Dec 23, 2021

  • Great customer assistance

    I wanted to purchase a Max Life Smart Term plan so I contacted the helpline number of InsuranceDekho to know more about the plan and to get assistance while purchasing the term plan. The customer care executive explained the plan details to me and even helped me purchase the plan. Great services provided.

    Y
    Yajnesh Ruchira
    On: Dec 21, 2021

  • Easy renewal policy

    I wanted to renew my Max Life Smart Term plan from InsuranceDekho. I contacted the helpline number of InsuranceDekho to know about the renewal process, the customer executive not only helped me renew the policy but also answered all my queries. The renewal process was quite easy and time saving.

    N
    Navdeep Singh
    On: Dec 14, 2021

  • Time saving comparisons

    It is very easy to compare plans on the InsuranceDekho’s website. The online premium calculator tool displays several term insurance plans instantly. Premium calculator helps in time saving comparisons. I purchased a Max Life Smart Secure Plus plan.

    A
    Apar Sehgal
    On: Nov 24, 2021

  • Hassle-free renewal process

    I wanted to renew my Max Life Smart Term Plan from InsuranceDekho. I had some difficulties while renewing the policy but I followed the instructions mentioned on the website which made the renewal process easy for me. I am quite satisfied with my experience with InsuranceDekho.

    A
    Adikavi Chella
    On: Nov 23, 2021

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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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