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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

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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

  • Top insurance companies listed

    The InsuranceDekho website has a list of all the top insurance companies which helped me look for an appropriate plan. After viewing everything, I decided to buy the Max Life Term Insurance Policy. The plan offers all the necessary benefits and is worth buying. 

    A
    Anaisha Khanna
    On: May 17, 2023

  • A plan that is advantageous

    Max Life Term Insurance Plan is an excellent option. The plan includes all of the necessary benefits and features. This is a strategy I would recommend to anyone. It is a smart plan. 

    D
    Deepali Aggarwal
    On: May 15, 2023

  • A list of the top insurance company was available

    On the website of InsuranceDekho, I was able to find a detailed list of the top insurance companies. I explored all about the best plans offered by these companies and only then made up my mind to buy the Max Life Term Insurance Policy from InsuranceDekho. 

    M
    Mehak Pawah
    On: May 10, 2023

  • Timely assistance from the executives

    I contacted InsuranceDekho’s team because I had some queries related to my Max Life Term Insurance plan. The customer care team reached out to me quickly and helped me resolve my queries regarding my policy. I am very thankful to InsuranceDekho for the services provided.

    S
    Sanjay Misra
    On: May 08, 2023

  • Supportive customer care team

    The customer care team of the InsuranceDekho website is very helpful. While buying the Max Life Term Insurance Policy from their website, I had a few doubts, for which I contacted customer care support and received quick solutions from their team. 

    N
    Neha Sawant
    On: May 04, 2023

  • Price comparison

    It is very easy to compare term insurance plans on InsuranceDekho’s website using the online term insurance premium calculator tool. I compared and selected Max Life Term Insurance Plan from InsuranceDekho.

    Y
    Yana Khan
    On: Apr 24, 2023

  • Flexible Payout Options for Policy Beneficiaries

    While purchasing the Max Life Term Insurance Policy, InsuarnceDkho gave me the option to choose how the death benefit will be paid out to my beneficiaries in case of any emergency during the policy term. This was a relief as I could decide everything on my terms. 

    R
    Reva Kapur
    On: Apr 19, 2023

  • Distinctive feature

    The Max Life Term Insurance plan on InsuranceDekho offers various features that are accessible to the users without any hitch. All the information was gathered under one roof, so I didn't have to run around in search of different functions. 

    A
    Arvinder SIngh
    On: Apr 17, 2023

  • I got friendly reminders

    When I was buying the Max Life Term Insurance plan from InsuranceDekho, I got friendly reminders from InsuranceDekho’s team. Even later, when the policy renewal date was approaching, the team informed me about the same. 

    P
    Pranav Kumar
    On: Apr 12, 2023

  • Time-saving

    I could easily purchase the Max Life Term Insurance Policy online from the InsuraceDekho website. The online process saves a lot of time and energy and all the details can be uploaded. Recommend to everyone. 

    M
    Misha Singhal
    On: Apr 07, 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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