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<html> <head> <title></title> </head> <body> <p align="center"> <strong>Max Life Platinum Protect II</strong></p> <p align="center"> <em>A Traditional, Non-Participating, Term Insurance Plan</em></p> <p> </p> <p> </p> <p> Max Life Platinum Protect II is a comprehensive life insurance plan that fulfills the protection needs for you and your family. It is a unique plan that supports your family's financial requirements in case of your absence.</p> <p> Max Life Platinum Protect II is the best solution for you to fulfil all your family's dreams, no matter what.</p> <p> </p> <p> <strong><u>Key Features</u></strong></p> <p style="margin-left:18.0pt;"> <strong>Benefits:</strong></p> <p> · Comprehensive Insurance cover at affordable rates</p> <p> · Low Premium rates for leading a healthy life style</p> <p> · Premium discounts for high sum assured</p> <p> · Life cover continues even if you stop paying premium with Reduced Insurance Cover</p> <p> · Flexibility to choose from 5 Policy terms – 10years, 15years, 20years, 25years, and 30years.</p> <p> </p> <p style="margin-left:18.0pt;"> <strong>Key Features:</strong></p> <p> · Death Benefit : An amount equal to Sum Assured will be paid to the nominee in case of death of the Life Assured.</p> <p> · Tax Benefits : You may be entitled to certain applicable tax benefits on your premiums and policy benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you.</p> <p> · Lower premium rates for non-smokers/preferred non-smokers.</p> <p> · High Sum Assured Discounts : On a Sum Assured of more than Rs 50 lacs, there is a discount of Rs 15 per lac sum assured.</p> <p> · Flexibility of Term : Choice of five policy terms of 10 years, 15 years, 20 years, 25 years or 30 years as per your need and protection horizon.</p> <p> · Reduced Insurance Cover Option :</p> <p style="margin-left:36.0pt;"> If the premiums have been paid for at least 15 consecutive Policy Years beginning with the Effective Date and the policyholder discontinues payment of further Premium(s), the Policy will continue with a “Reduced Insurance Cover” as per the formula shown below.</p> <p style="margin-left:36.0pt;"> Reeduced Insurance Cover =[((Policy Year*-1)/Policy Term)-0.25] * Sum Assured.</p> <p style="margin-left:36.0pt;"> *Policy Year refers to the year of discontinuance of premium.</p> <p style="margin-left:36.0pt;"> Please note that this feature is only available for policy terms 20 years, 25 years and 30 years.</p> <p> · Free Look Period :</p> <p> A period of 15days from the date of receipt of policy to review the terms and conditions of the policy, where you have the option of return the policy stating the reasons for objection. You are entitled to refund of premiums paid, subject to deduction of proportionate risk premium for the period of cover and expenses incurred by Max Life Insurance on medical examination of the life insured and stamp duty charges.</p> <p> </p> <p> <strong><u>Are You Eligible?</u></strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:236px;"> <p> <strong>Criteria </strong></p> </td> <td style="width:255px;"> <p> <strong>Eligibility</strong></p> </td> </tr> <tr> <td style="width:236px;"> <p> Entry Age (Minimum / Maximum)</p> </td> <td style="width:255px;"> <p> 18 years to 60 years</p> </td> </tr> <tr> <td style="width:236px;"> <p> Maturity Age</p> </td> <td style="width:255px;"> <p> 75 years</p> </td> </tr> <tr> <td style="width:236px;"> <p> Sum Assured Limits</p> </td> <td style="width:255px;"> <p> Minimum : Rs 25,00,000 (subject to minimum premium of Rs 5000)</p> <p> Maximum : No upper limit (subject to underwriting)</p> </td> </tr> </tbody> </table> <p> </p> <p> </p> <p> <strong><u>About Premium Payment</u></strong></p> <p> </p> <p> · <strong><u>Minimum Premium</u></strong></p> <p> Annual Premium Payment Mode : Rs 5000</p> <p> </p> <p> Premium Mode :</p> <p> Max Life’s Platinum Protect II offers you various modes of premium payment to choose from as per your convenience. Here’s an overview of the different premium payment modes and the modal factors.</p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:236px;"> <p> <strong>Premium Payment Mode</strong></p> </td> <td style="width:255px;"> <p> <strong>Modal Factor</strong></p> </td> </tr> <tr> <td style="width:236px;"> <p> Annual</p> </td> <td style="width:255px;"> <p> 1.000</p> </td> </tr> <tr> <td style="width:236px;"> <p> Semi – Annual (ECS)</p> </td> <td style="width:255px;"> <p> 0.520</p> </td> </tr> <tr> <td style="width:236px;"> <p> Quaterly (ECS)</p> </td> <td style="width:255px;"> <p> 0.265</p> </td> </tr> <tr> <td style="width:236px;"> <p> Monthly (ECS)</p> </td> <td style="width:255px;"> <p> 0.090</p> </td> </tr> </tbody> </table> <p style="margin-left:15pt;"> </p> <p style="margin-left:15pt;"> </p> <p style="margin-left:15pt;"> </p> <p style="margin-left:15pt;"> Note :</p> <p style="margin-left:15pt;"> For more details on risk factors, terms and conditions please read the <a href="http://www.maxlifeinsurance.com/pdf/platinum-protect-plan-brochuer.pdf" target="_blank" title="sales brochure">sales brochure</a> carefully before concluding a sale. <br /> Tax benefits are subject to change in tax laws. <br /> Life insurance coverage is available in this product. <br /> Insurance is the subject matter of solicitation.</p> </body> </html>
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