- 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