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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

  • Premium calculator made comparing easy

    InsuranceDekho has a term insurance premium calculator which helped me estimate the amount of premium for several term insurance according to my budget and requirements. After comparing, I purchased the Max Life Smart Term plan from InsuranceDekho. 

    J
    Jai Parag
    On: Nov 18, 2021

  • Comparisons made easy

    I used the online term insurance premium calculator tool to compare term insurance plans that fit in my budget and provided good coverage. I entered details into the premium calculator and it displayed several options to choose from. I purchased a Max Life Smart Term Plan. 

    D
    Deepan Gala
    On: Nov 16, 2021

  • Found some of the best insurance companies

    At the InsuranceDekho’s website I found a list of insurance companies on the basis of the claim settlement ratio. With the help of information available on the website I learnt about the importance of claim settlement ratio while purchasing a term plan. After thorough research I purchased a Max Life Smart Secure Plus plan. 

    N
    Nikunj Reba
    On: Nov 11, 2021

  • Quick comparisons

    I used the online premium calculator to compare several term insurance plans according to my needs and budget. The online tool really helped me compare several term plans at a time. After comparing, I purchased a Max Life Smart Term plan from InsuranceDekho. 

    V
    Vishesh Niten
    On: Nov 09, 2021

  • Hassle-free 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.

    B
    Bhaskar Pai
    On: Nov 03, 2021

  • Excellent plan options

    While going through the InsuranceDekho website, I found multiple plan options. On the expert’s recommendation, I bought the Max Life Platinum Wealth Plan. I must say that I made an excellent choice because of the plan benefits and low premium. 

    S
    Sanket Misra
    On: Oct 28, 2021

  • Bought a good term plan

    I purchased a good term plan from InsuranceDekho. On the website, I found good information about how to choose a good term plan. After thorough research with the help of information on the website, I purchased the Max Life Smart Term plan. This plan suits my requirements. 

    P
    Parthivi Arora
    On: Oct 20, 2021

  • Leading insurance companies listed

    I found some of the leading insurance companies that provide term insurance plans. I found a list of insurance companies according to their claim settlement ratio. InsuranceDekho offers best term insurance plans provided by some of the leading insurance companies. I purchased a Max Life Smart Secure Plus plan. 

    K
    Kush Arya
    On: Oct 19, 2021

  • Gathered a lot of information regarding the term plan

    InsuranceDekho’s website is quite informative, I had little information about term insurance plans. The website has good information which was easily comprehensible and helped me know more about the concept of term insurance. After thorough research on the website I purchased a Max Life Smart Secure Plus plan from InsuranceDekho. -

    P
    Pirzaba Majumdar
    On: Oct 13, 2021

  • Got a good term plan

    I was planning to purchase a term insurance plan but I had very little information about term insurance. InsuranceDekho’s website helped me conduct a thorough research, I got to know about factors affecting premium, types of term insurance plans and also got to know how to choose a good term plan. I purchased a Max Life Smart Term plan. 

    S
    Sarthak Monga
    On: Oct 12, 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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