A Non-linked Non-Participating Individual

Pure Risk Premium Life Insurance Plan

UIN: 104N118V06

MAX LIFE SMART SECURE PLUS PLAN

Here is a personlized illustration for you
(LIFE COVER, LIMITED PAY) that showcases how this plan will
benefit you
Mr.

Total Installment Premium (Excl

GST)** : `1,31,748 In case of your untimely demise
Death Benefit : `3,00,00,000

Sum Assured : `3,00,00,000 Receive `0 (All your

premiums back at maturity)

Your Policy Policy

Starts Coverage Ends
You have opted to pay premium for 10 years until you turn 44 years of age
Year 1 Year 50
Age 35 Years Age 84 Years

^
Individual Death Claims Paid Ratio as per Audited Financials for FY 2022-2023 . *As per public disclosures 2022
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT.
**
Total Installment Premium is the Premium payable as per premium paying frequency chosen, it excludes GST and applicable taxes, cesses or levies, if any; and includes loadings for modal premiums, Underwriting Extra Premium and Rider Premiums if any.
Max Life Insurance Company Limited is a joint venture between Max Financial Services Limited and Axis Bank Ltd. Max Life Insurance Co. Ltd., Corporate Office: 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram - 122 002(Haryana).
Insurance is a subject matter of solicitation. For more details on risk factors, Terms and Conditions, please read the sales prospectus carefully before concluding a sale. Please note that all the tax benefits are subject to tax laws at the time of payment of premium or
receipt of policy benefits by you. Policy holders are advised to consult tax expert for better clarification/interpretation. Trade logo displayed belongs to Max Financial Services Ltd. and Axis Bank Ltd. respectively and with their consents, are used by Max Life Insurance
Co. Ltd. Customer Helpline Number: 1860 120 5577. Website: www.maxlifeinsurance.com, SMS 'LIFE' to 5616188.
Axis Bank Limited is a Co-promoter and a Corporate Agent of Max Life Insurance Co. Ltd. Axis Bank Limited, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai – 400 025. The purchase of a Max Life Insurance product(s) by Axis Bank's
customer is purely on a voluntary basis. As Axis Bank is not in the business of insurance, there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.

ARN - Max Life/AURAA/Axis Channel Marketing/SSPP/ Smart BI/RSA/NTROP/June 2023 IRDAI Certificate Regn. No. CA0069 | IRDAI Regn. No. 104
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
• IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. • Public receiving such phone calls are requested to lodge a police complaint.
 BENEFIT ILLUSTRATION
[Date and Time of Illustration – 30 August 2023, 04:35 PM]

Name of the Prospect/Policyholder: Mr. Proposal No:

Age & Gender: 35 Years, Male Name of the Product: Max Life Smart Secure Plus Plan
Name of the Primary Life Assured: Mr. Tag Line: A Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan
Age & Gender: 35 Years, Male Unique Identification No: 104N118V06
Risk Class: Non Smoker GST Rate (Base Policy, First Year): 18.00%
Name of the Secondary Life Assured, if applicable: NA GST Rate (Base Policy, Subsequent Year): 18.00%
Age & Gender: NA GST Rate (Rider, First Year): NA
Risk Class: NA GST Rate (Rider, Subsequent Year): NA
Policy Term: 50 Years
Premium Payment Term: 10 Years Max Life State:
Amount of Installment Premium: `1,55,463 Policyholder Residential State: Kerala
Mode of payment of premium: Annual
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Policy Option Life Cover Sum Assured (in Rs.) 3,00,00,000
Return of Premium Option No Sum Assured on Death (at inception of the policy) (in Rs.) 3,00,00,000

Optional Benefit Details

Optional Benefit Name Applicability/ Opted Sum Assured Coverage Term Payment Term
Accelerated Critical Illness Cover No NA NA NA
Accident Cover No NA NA NA
Joint Life Benefit* No NA NA NA
Premium Break No NA NA NA
*In case of either death or diagnosis with Terminal Illness of the Secondary Life before the death or diagnosis with Terminal Illness of Life Insured, then, an amount of Rs. 10 (Ten) lacs will be paid to the Claimant.
However, if the same happens after the death or diagnosis with Terminal Illness of Life Insured, an amount of Rs.50 (Fifty) lacs will be paid to the Claimant.
Rider Details

Rider Name Applicability/ Opted Sum Assured Coverage Term Payment Term

Waiver of Premium (WOP) Plus Rider No NA NA NA

Critical Illness and Disability Rider No NA NA NA

Premium Summary
Accelerated Critical Waiver of Premium
Accidental Cover Critical Illness and Total Installment
Base Plan Joint Life Illness Cover Benefit Plus Rider
Benefit Disability Rider Premium

Installment Premium without GST (in Rs.) 1,31,748 0 0 0 0 0 1,31,748

Installment Premium with first year GST (in Rs.) 1,55,463 0 0 0 0 0 1,55,463
Installment Premium with GST 2nd year onwards (in Rs.) 1,55,463 0 0 0 0 0 1,55,463

UIN: 104N118V06 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 1 of 4
 (Amount in Rupees)

Guaranteed Non Guaranteed

Single/ Annualized Premium
Policy Year Min Guaranteed Surrender
Survival Benefits/ Loyalty Special Surrender Value/
Other Benefits, if any Maturity Benefit Death Benefit Value/ Exit Value
Additions Special Exit Value

1 1,31,748 - - NA 3,00,00,000 - -
2 1,31,748 - - NA 3,00,00,000 - -
3 1,31,748 - - NA 3,00,00,000 - -
4 1,31,748 - - NA 3,00,00,000 - -
5 1,31,748 - - NA 3,00,00,000 - -
6 1,31,748 - - NA 3,00,00,000 - -
7 1,31,748 - - NA 3,00,00,000 - -
8 1,31,748 - - NA 3,00,00,000 - -
9 1,31,748 - - NA 3,00,00,000 - -
10 1,31,748 - - NA 3,00,00,000 7,37,789 7,37,789
11 - - - NA 3,00,00,000 7,19,344 7,19,344
12 - - - NA 3,00,00,000 7,00,899 7,00,899
13 - - - NA 3,00,00,000 6,82,455 6,82,455
14 - - - NA 3,00,00,000 6,64,010 6,64,010
15 - - - NA 3,00,00,000 6,45,565 6,45,565
16 - - - NA 3,00,00,000 6,27,120 6,27,120
17 - - - NA 3,00,00,000 6,08,676 6,08,676
18 - - - NA 3,00,00,000 5,90,231 5,90,231
19 - - - NA 3,00,00,000 5,71,786 5,71,786
20 - - - NA 3,00,00,000 5,53,342 5,53,342
21 - - - NA 3,00,00,000 5,34,897 5,34,897
22 - - - NA 3,00,00,000 5,16,452 5,16,452
23 - - - NA 3,00,00,000 4,98,007 4,98,007
24 - - - NA 3,00,00,000 4,79,563 4,79,563
25 - - - NA 3,00,00,000 4,61,118 4,61,118
26 - - - NA 3,00,00,000 4,42,673 4,42,673
27 - - - NA 3,00,00,000 4,24,229 4,24,229
28 - - - NA 3,00,00,000 4,05,784 4,05,784
29 - - - NA 3,00,00,000 3,87,339 3,87,339
30 - - - NA 3,00,00,000 3,68,894 13,17,480
UIN: 104N118V06 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 2 of 4
 Guaranteed Non Guaranteed
Single/ Annualized Premium
Policy Year Min Guaranteed Surrender
Survival Benefits/ Loyalty Special Surrender Value/
Other Benefits, if any Maturity Benefit Death Benefit Value/ Exit Value
Additions Special Exit Value

31 - - - NA 3,00,00,000 3,50,450 3,50,450

32 - - - NA 3,00,00,000 3,32,005 3,32,005
33 - - - NA 3,00,00,000 3,13,560 3,13,560
34 - - - NA 3,00,00,000 2,95,116 2,95,116
35 - - - NA 3,00,00,000 2,76,671 2,76,671
36 - - - NA 3,00,00,000 2,58,226 2,58,226
37 - - - NA 3,00,00,000 2,39,781 2,39,781
38 - - - NA 3,00,00,000 2,21,337 2,21,337
39 - - - NA 3,00,00,000 2,02,892 2,02,892
40 - - - NA 3,00,00,000 1,84,447 1,84,447
41 - - - NA 3,00,00,000 1,66,002 1,66,002
42 - - - NA 3,00,00,000 1,47,558 1,47,558
43 - - - NA 3,00,00,000 1,29,113 1,29,113
44 - - - NA 3,00,00,000 1,10,668 1,10,668
45 - - - NA 3,00,00,000 92,224 92,224
46 - - - NA 3,00,00,000 73,779 73,779
47 - - - NA 3,00,00,000 55,334 55,334
48 - - - NA 3,00,00,000 36,889 36,889
49 - - - NA 3,00,00,000 18,445 18,445
50 - - - NA 3,00,00,000 - -
Notes:
• Annualized Premium includes base policy and additional benefits premium, if opted. It excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and
Service Tax.
• Guaranteed Death Benefit will be paid to the beneficiary, immediately on death of the Life Insured or diagnosis of terminal illness (capped at sum assured of 1 crore) on the Life Insured, whichever is earlier.

Refer Sales literature (Prospectus) for explanation of terms used in this illustration.

UIN: 104N118V06 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 3 of 4
I, ……………………………………………. (name),have explained the premiums, and benefits I, ……………………………………………. (name), having received the information with respect
under the product fully to the prospect / policyholder. to the above, have understood the above statement before entering into the contract.

Place: Signature / Thumb Impression / Electronic Signature of Date:8/30/23 Signature / Thumb Impression / Electronic Signature of
Date: 8/30/23 Agent / Intermediary / Official Prospect / Policyholder
This system generated benefit illustration shall be treated as signed by me.

UIN: 104N118V06 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 4 of 4