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Max Life Launches Combined Life Insurance Savings Plan

Published on November 17, 2022
Current Context: The Max Life Insurance Company Limited launched a combined life insurance savings plan for its customers.
Max Life Launches Combined Life Insurance Savings Plan
  • The combined life insurance savings plan is named, “Smart Wealth Advantage Guarantee Plan”.
  • It is a non-linked and non-participating life insurance plan that offers life insurance coverage, guaranteed returns, and financial protection combined.
  • To enhance the flexibility of the policy, it gives the option to choose premium payment terms, income duration, and deferment period to the policyholders.
  • A guaranteed death benefit is paid to the family in case of the death of the policyholder.
  • The Max Life Insurance Company Limited was established in 2000 with its headquarters in New Delhi. The current MD & CEO of the company is Prashant Tripathy.

Question:

Q.1 The “Smart Wealth Advantage Guarantee Plan” was recently launched by?
a. Bajaj Allianz Life
b. Bharti AXA Life
c. Max Life
d. Birla Sun Life
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