New Student User- Use Code HELLO

Register Now

Max Life Insurance launched non-linked life Insurance Savings Plan

Published on June 16, 2023
Current Context: Max Life Insurance Smart Wealth Advantage Growth Par Plan is a new product launched by Max Life Insurance Company on June 8, 2023. It is a non-linked participating individual life insurance savings plan that offers financial protection and savings accumulation for individuals.
Max Life Insurance launched non-linked life Insurance Savings Plan
  • Some of the features of this plan are:
    • It offers early liquidity from the first policy year.
    • It provides increased protection benefits, extra benefits on maturity to women, and discounts on premiums to transgender customers.
    • It allows customers to choose from four fund options - Equity Advantage Fund, Balanced Advantage Fund, Debt Advantage Fund and Secure Advantage Fund.
    • It gives customers the flexibility to switch between funds, redirect future premiums and withdraw partially.
    • It also provides bonuses based on the performance of the participating fund.

Question:

Q.1 When was Max Life Insurance Smart Wealth Advantage Growth Par Plan launched?
a. June 9, 2023
b. June 8, 2023
c. June 10, 2023
d. June 11, 2023
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu