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Max Life Term Insurance Premium Calculator

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Highlights
Claim Settlement Ratio99.65%
Death Benefit Paid For15,342 Policies
Inception2000
Presence269 Offices
Total Death Benefit Paid562.54 Crore

Max Life Term Insurance Premium Calculator is a unique tool that helps to estimate total coverage for the nominee or the beneficiary in case of unfortunate events. When buying a Max Life Term Insurance plan, many factors must be taken care of to take the coverage. The coverage should be sufficient enough to cover the financial security of the policyholder's family and loved ones.

How To Use Max Life Term Insurance Premium Calculator?

The online medium has simplified the premium calculation process by offering Max Life Term Insurance calculators. The online premium calculators calculate the required amount of premium that you would have to pay when choosing a particular plan.

Step 1: Visit InsuranceDekho’s website and navigate to the Max Life Term Premium Calculator

Step 2: On the following page, fill in your personal details in the Max Life Term Insurance Premium calculator like gender, age, life cover, and cover-up to which age.

Step 3: After filling up the above details in the Max Life Term Premium Calculator, the premium quote will be generated.

Step 4: The premium can be adjusted while changing factors like age, gender, life cover, and cover-up to which age.

Step 5: Once you finalize the plan, you can pay the premium and buy the policy directly at InsuranceDekho.

Benefits of Max Life Term Insurance Premium Calculator

The following benefits you get from using Max Life Term Insurance Premium Calculator:

  • Choose the Right Amount of Cover: Max Life Term Insurance premium calculator gives you a total estimate of the life cover that will cover your family’s financial needs and the premium payable under the Max Life Term Insurance policy. The choice of coverage depends upon different factors such as your age, gender, annual income, and several other factors
  • Cost-saving: By using a Max Life term insurance premium plan calculator, you can opt for the highest possible life cover amount that suits your needs. You can also opt for additional benefits at the best possible rate of premium.
  • Free of Cost: Max Life Term Insurance Premium Calculator is easy to use and free of cost.
  • Better Decision Maker: Max Life Term Premium Calculator helps you compare policy quotes of different plans which can help you in making the right buying decision. The premium calculated by the Max Life Term Premium calculator is correct.

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

calendericon

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Max Life Term Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.7%
Starting From 688/Month
Key Features:
  • Right Green Tick Revised Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Cover Continuance Benefit
  • Right Green Tick Insta-Payment on Claim Intimation
  • Right Green Tick Nominee's Choice payout
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.2%
Starting From 730/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Waiver of Premium on Disability
  • Right Green Tick Terminal Illness
  • Right Green Tick Life Stage Benefit
  • Right Green Tick Special Exit Benefit
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.4%
Starting From 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
See More Plans

User Reviews

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What users are saying
  • All
  • Enlightening experience

    As a stay-at-home mom, I often overlook my financial security along with my family. InsuranceDekho has helped me understand the importance of term plans for homemakers and suggested the Max Life Term Insurance Plan that protects my family.

    M
    Max
    By Manisha Desai
    On: Jun 19, 2024
  • Policy Renewal was Easy

    I have renewed my Max Life Term Insurance policy this year with InsuranceDekho and the process was quick. Their customer login and dashboard is simple and easy to use. Good website

    C
    Max
    By Christina Murmu
    On: Feb 29, 2024
  • Nice Company

    I am thankful to InsuranceDekho. Thank you for suggesting Max's life-term insurance. I claimed my insurance policy, for which the claim settlement was very quick. The customer team updated me continuously about the status of my Max life term insurance policy and made sure that my claim was settled smoothly and quickly. Lovely experience!

    S
    Max
    By Sanchit Raghav
    On: Jan 25, 2024
  • Renew Insurance Easily

    Thank you InsuranceDekho, for helping me renew my Max Term Life Insurance plan easily. The Customer Care team is amazing. I acknowledge their professionalism and I recommend to everyone that they should consider the InsuranceDekho platform to buy, renew, or claim a term Life insurance policy.

    V
    Max
    By Varun Yadav
    On: Jan 08, 2024
  • Effortless Process

    The InsuranceDekho Team was very helpful while I was buying the Max life term insurance. The InsuranceDekho coordinator was very attentive and ready to answer all my queries and even helped me buy the right Max term insurance plan.

    S
    Max
    By Sahil Kumar
    On: Dec 04, 2023
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 80 Lacs+ happy customers

Term Insurance News

Max Life Term Insurance Contact Details

Reach us for help anytime

Claim Process at Max Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQs

  • Is the Max Life Term Insurance premium calculator safe to use?

    Yes, the Max Life Term Premium calculator is completely safe to use. Your data is protected from online scams and frauds and you can calculate the premiums on a secured platform.

  • How much does Max Life Term Insurance cost?

    The cost of Max Life Term Insurance depends on the type of policy you choose, your age, the sum assured, health conditions, and the benefits you expect to receive when your term of the policy expires.

  • What are the factors which will affect my Max Life Term Insurance Plan premium?

    Age, pre-existing disease, gender, occupation, and cover-up to which age are the factors that affect the Max Life Term Insurance premium.

  • What is the total coverage amount that should be taken under the Max Life Term Insurance plan?

    The coverage of the Max Life Term insurance plan should be adequate enough to cover your family’s financial needs in an unfortunate event. The ideal coverage should be 10 to 12 times your annual income.

  • Do Max Life Term Insurance plans offer Tax Benefits?

    Yes, Max Life Term Insurance offers tax benefits under section 80C, section 80D, and section 10(10D) of The Income Tax Act.

  • What is the right time to buy a Max Life Term Insurance plan?

    The right time to buy the Max Life Term Insurance plan is as early as possible. With the increasing age, the higher would be the term plan premium. The minimum age you can purchase a Max Life Term Insurance plan is 18 years.

  • What are the different rider options available with Max Life Term Insurance Plans?

    Max Life Term Insurance plans offer critical illness cover, accidental death benefit cover, and future waiver of premium.

  • How would my premium change if I add riders in my Max Life Term insurance plan?

    If you add riders to your Max Life Term Insurance coverage, the premium calculated would increase because each Rider provides an additional benefit which comes with an additional cost for the additional coverage benefit that it provides. Therefore, the premium will increase as you add riders to your term insurance plans.

  • Does smoking habit impact the premium for Max Life term insurance plans?

    Smoking is hazardous for your body. It increases the chance of developing diseases like throat cancer or lung cancer. If you are a regular smoker you are at high risk to develop life-threatening disease so will have to pay a higher premium as compared to non-smokers.