This is the new policy of Max Life Insurance. It can be bought from the website of Policybazaar along with Max Life. With a minimum monthly premium of Rs 3000, this policy offers life cover with 6.1% returns
Are you looking for an insurance product that has guaranteed returns along with life cover? If yes then you can think about Max Life Smart Fixed Return Digital Plan of Max Life Insurance Company. Let us know the details of this policy.
Max Life Smart Fixed-return Digital Plan is a non-linked, non-participating, individual life insurance savings plan. The minimum term of this policy is five years. A minimum of Rs 3,000 can be invested in this policy every month. The company has tied up with Policybazaar.com for the sale of this policy.
This is the new policy of Max Life Insurance. It can be bought from the website of Policybazaar along with Max Life. With a minimum monthly premium of Rs 3000, this policy offers life cover with 6.1% returns. The returns at the rate of 6.14 will be tax-free. The company claims that investors can invest in this policy for their short term financial goals.
The company said in the statement, “This policy is better for the youth, who prefer to invest online in a quick and hassle-free manner. This policy offers higher returns than other traditional policies. Life with savings to the young investor.” It has the advantage of cover.”
Monthly or annual investments can be made in this policy. Employed young investors can select the option of monthly premium. Due to this, there will be no need to pay more premium at one go. So it is also suitable for those who want to put some money from their salary in a savings instrument.
Max Life Deputy Managing Director V Vishwanand said that Max Life has always focused on offering products as per the needs of the customers. The digitally flexible and innovative product is designed keeping in mind the generation looking for a product with guaranteed returns along with insurance cover.
Sarbveer Singh, CEO, Policybazaar.com said, “Our consumer understanding shows that most young investors are looking for short term insurance products. This policy offers guaranteed returns with short tenure. It caters to the needs of the young generation ”
