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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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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

  • Personalized Policy Recommendations

    I appreciated the personalized policy recommendations from InsuranceDekho. It demonstrated their commitment to tailoring coverage for the Max Life Term Insurance Policy to my specific needs.

    H
    Harpal Singh
    On: Sep 08, 2023

  • Easy and quick comparisons

    At InsuranceDekho I was able to compare several life insurance policies at once at the same platform. I compared several life insurance plans according to my needs and my budget. After comparing I purchased Max Life Term Insurance Policy from InsuranceDekho. I’m quite happy with my purchase. 

    V
    Vivek Gujral
    On: Sep 07, 2023

  • The easy claim settlement process

    I filed a claim on the InsuranceDekho website since I was secured with the Max Life Term Insurance Policy. The process was quick and easy. I got my claim settled in very little time. Thanks to the team for their guidance and assistance.

    R
    Rachna Manchanda
    On: Sep 06, 2023

  • Got a good term plan within minutes

    I purchased the Max Life Term Insurance Policy from InsuranceDekho and I must highlight that it was a very easy task to purchase a term plan from this website. It took me only 5 minutes to purchase the term plan and the entire process was digital, convenient, and very time-saving. It was a good first experience with InsuranceDekho

    K
    Kavita Uprety
    On: Sep 04, 2023

  • Time convenient

    I purchased the Max Life Term Insurance Policy from InsuranceDekho. It was a very easy task to purchase a term plan from this website. It took me only a few minutes to purchase the term plan and the entire process was digital, convenient, and very time-saving. It was a good first experience with InsuranceDekho.

    H
    Harmeet Bijli
    On: Sep 01, 2023

  • Got a good term plan within minutes

    I purchased the Max Term Insurance- Smart Secure Plus Plan  from InsuranceDekho and I must highlight that it was a very easy task to purchase a term plan from this website. It took me only 5 minutes to purchase the term plan and the entire process was digital, convenient, and very time-saving. It was a good first experience with InsuranceDekho.

    J
    Jhanvi Bhatt
    On: Aug 31, 2023

  • Got a good term plan within minutes

    I purchased the Max Life Term Insurance Policy from InsuranceDekho and I must highlight that it was a very easy task to purchase a term plan from this website. It took me only 5 minutes to purchase the term plan and the entire process was digital, convenient, and very time-saving. It was a good first experience with InsuranceDekho. 

    G
    Gurmesh Sethi
    On: Aug 29, 2023

  • 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 the Max Life Term Insurance Policy. 

    V
    Varun Bakshi
    On: Aug 28, 2023

  • Got a good term plan

    Purchased the Max Life Term Insurance Policy from InsuranceDekho. I wanted to purchase a plan that would provide comprehensive coverage under my budget. I used the premium calculator tool to compare plans according to my budget. I am happy with my purchase. 

    M
    Mugdha Roy
    On: Aug 25, 2023

  • Purchased a good term plan

    Bought Max Life Term Insurance Policy from InsuranceDekho. I am very satisfied with my purchase and the plan fits my requirements. I also had an option to purchase a plan from the different options available on the website but the customer care executive suggested this plan.

    G
    Gunisha Iyyer
    On: Aug 09, 2023

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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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