MAX LIFE INSURANCE - MAX LIFE CANCER INSURANCE PLAN - Here's your backupPlan to FIGHT cancer CALL ME at 07278888821 OR EMAIL ME at helloimodak@gmail.com for detailed information about what this cancer insurance plan offers, its benefits & payment options. Max Life Cancer Insurance Plan - Analysis;
The probability of being faced with a cancer diagnosis has been steadily climbing over the years, with a projected 7 lakhs new patients and a total of 12 lakhs new deaths added to the pool by 2035. The cost of healthcare has progressively followed suit and, in some cases, can amount to financial bankruptcy. The general costs associated with cancer are not just limited to post-operative care and treatment, but also expensive primary detection and diagnosis procedures.
Managing the probable risk of a cancer diagnosis becomes an imperative for any burgeoning family, especially in the context of the primary breadwinner, lest chance brings about financial difficulties in the form of lost income and exorbitant medical bills. One of the best possible solutions to indemnify oneself against the risk of a cancer diagnosis is to seek coverage under a well-designed cancer insurance policy. There are many such products available on the market currently, both in the form of riders and standalone insurance coverage for the specific purpose.
MAX LIFE INSURANCE - MAX LIFE CANCER INSURANCE PLAN - Here's your backupPlan to FIGHT cancer CALL ME.
About the Max Life Cancer Insurance
Cancer Insurance Plan from Max Life Insurance promises to deliver comprehensive cover for all stages of cancer and additionally, provides for a wide range of financial benefits as well. These include income guarantees and tax benefits among others. The policy is a non-linked, non-participating insurance plan:
Max Life Cancer Insurance - Eligibility
The eligibility criteria for buying the policy are simple and quite similar to most insurance products out there. The policy is available to any legal resident of India between the ages of 25 and 65 years. The maximum maturity age is limited to 75 years.
Premium and Payment Terms
Premiums against the policy can be paid either monthly, quarterly, semiannually and annually. The policyholder can choose the method while signing up for the plan. Premiums can be either paid directly online or at the insurer’s offices. The premium payment mode can be switched out by submitting a request in writing to the insurer. There is also a discount available on the total premium amount if the insured chooses to pay his premiums annually.
Sum Assured Indexing
One of the major features of this policy is that the sum assured is indexed for every claim free year. Indexation of the sum assured basically means that the total value of the policy will grow at a rate of 10% simple interest every year if a claim is not made. Once a claim has been made, however, the indexation will cease.
For example, let’s take the example of Mr. Vikas. He purchased the Max Life Cancer Insurance plan with a policy period of 15 years and a sum assured of 10 lakhs. Mr. Vikas paid his premium for the first 5 years and kept the policy active, without making a claim. At the end of 5 years, the sum assured under the policy had grown to 15 lakhs at 10% simple interest per annum. Once Mr. Vikash filed a claim at the end of the 5th year, the sum assured will be locked in at 15 lakhs without any further indexing for the remainder of the policy term.
MAX LIFE INSURANCE - MAX LIFE CANCER INSURANCE PLAN - Here's your backupPlan to FIGHT cancer CALL ME.
Max Life Cancer Insurance - Key Features
Some of the most visible and differential features of the Max Life Cancer Insurance plan includes:
It is a comprehensive cover plan which provides protection at all stages of cancer.
Payments are doled out in lump sum making it easier to cover medical costs at all stages.
Premiums are waived for the entire policy term in case the insured is diagnosed with early-stage cancer.
Guaranteed income benefit for up to 5 years in case the insured is diagnosed with late stage cancer.
Claim free years amount to increasing sum assured which means that financial coverage under the policy grows incrementally.
As usual, buying into the policy also earns the insured tax benefits guaranteed by the Income Tax Act.
Let’s Connect:
Indrajit Modak
Call: +917278888821
Email: helloimodak@gmail.com
P.S. - If anyone is Interested seriously to Join Max Life Insurance as an Agent, please Connect me at the given details above👍
Max life insurance - max life cancer insurance plan - Here's your Backup Plan to fight cancer.
TARGET OTHER SEARCH KEYWORDS:
max life insurance plan
max life term insurance
max life insurance term plan
max life term plan
term plan
best term insurance
life insurance
max life cancer insurance plan
best cancer insurance plan
max life cancer insurance plan brochure
max life cancer insurance plan leaflet
max life cancer insurance plan review
best cancer insurance policy 2019
0 Comments