BENEFIT ILLUSTRATION

[Date and Time of Illustration – 13 March 2024, 12:41 PM]

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

Age & Gender: 25 Years, Male Name of the Product: Max Life Smart Wealth Advantage Guarantee Plan
Name of the Life Assured: Mr. Tag Line: A Non-linked Non Participating Individual Life Insurance Savings Plan
Age & Gender: 25 Years, Male Unique Identification No: 104N124V06
Policy Term: 45 Years GST Rate (Base Policy, First Year): 4.50%
Premium Payment Term: 12 Years GST Rate (Base Policy, Subsequent Year): 2.25%
Amount of Installment Premium: `1,04,500 GST Rate (Rider, First Year): NA
Mode of payment of premium: Annual
GST Rate (Rider, Subsequent Year): NA
Annual Income Amount: `38,000
Income Start Year, if applicable: 1st year
Income Period, if applicable: NA Max Life State: Maharashtra
Deferment Period, if applicable: NA Policyholder Residential State: Maharashtra

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.

Policy Details
Policy Option Early Wealth Sum Assured on Maturity (in Rs.) 15,45,507
Death Benefit Multiple NA Sum Assured (at inception of the policy) upon Death (in Rs.) 11,00,000
Policy Continuance Benefit Option Yes Sum Assured (Inbuilt Additional Accidental Death Benefit) (in Rs.) 5,50,000
Special Date Option No Opted Special Date NA

Rider Details

Accidental Death & Dismemberment (ADD) Rider Term NA Accidental Death & Dismemberment (ADD) Rider Sum Assured (in Rs.) NA

Term Plus Rider Term NA Term Plus Rider Sum Assured (in Rs.) NA
Waiver of Premium (WOP) Plus Rider Term NA
Critical Illness and Disability Rider - Rider Premium Payment
NA Critical Illness and Disability Rider - Coverage Variant NA
Term and Rider Term
Critical Illness and Disability Rider - Rider Sum Assured NA

Premium Summary
Accidental Death & Waiver of Premium Plus Critical Illness and Total Installment Premium
Base Plan Dismemberment Rider
Term Plus Rider Rider Disability Rider
Installment Premium without GST (in Rs.) 1,00,000 0 0 0 0 1,00,000
Installment Premium with first year GST (in Rs.) 1,04,500 0 0 0 0 1,04,500
Installment Premium with GST 2nd year onwards (in Rs.) 1,02,250 0 0 0 0 1,02,250

UIN: 104N124V06 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)
Non Guaranteed
Guaranteed
Single/
Total Annual Other Benefits, if Inbuilt
Policy Annualized Money Back Accrued Minimum
Premium (BOY) Auto Debit any (Sum Additional Special
Year Premium (BOY) Base Income Loyalty Income (In case of Life Total Survival Guaranteed Total Maturity Guaranteed
Booster Assured on Death Benefit Accidental Surrender Value
(EOY) (EOY) Long Income) Benefit (EOY) Additions (if Benefit (EOY) Surrender Value
(EOY) Maturity) (EOY) Death Benefit (EOY)
any) (EOY) (EOY)

1 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - - -

2 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - 22,000 34,478
3 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - 29,000 54,012
4 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - 86,000 84,488
5 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - 98,000 1,23,870
6 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - 1,10,000 1,60,510
7 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - 1,22,000 2,02,708
8 1,00,000 1,00,000 - 38,000 - - 38,000 - - - 11,00,000 - 1,42,648 2,51,230
9 1,00,000 1,00,000 - 38,000 - - 38,000 1,23,641 - - 11,00,000 - 2,02,550 3,12,377
10 1,00,000 1,00,000 - 38,000 - - 38,000 2,47,281 - - 11,00,000 - 2,64,614 3,82,576
11 1,00,000 1,00,000 - 38,000 - - 38,000 3,70,922 - - 11,55,000 - 3,28,841 4,62,811
12 1,00,000 1,00,000 11,000 38,000 - - 38,000 4,94,562 - - 12,60,000 - 3,95,229 5,54,381
13 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 3,70,201 5,62,778
14 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 3,45,173 5,71,995
15 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 3,20,145 5,82,220
16 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 2,95,117 5,93,228
17 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 2,70,089 6,04,999
18 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 2,45,061 6,18,121
19 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 2,20,033 6,32,364
20 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,95,005 6,47,906
21 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,69,977 6,64,716
22 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 6,83,170
23 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 7,03,231
24 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 7,25,064
25 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 7,48,833
26 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 7,74,898
27 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 8,03,209
28 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 8,34,118

UIN: 104N124V06 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
 Non Guaranteed
Guaranteed
Single/
Total Annual Other Benefits, if Inbuilt
Policy Annualized Money Back Accrued Minimum
Premium (BOY) Auto Debit any (Sum Additional Special
Year Premium (BOY) Base Income Loyalty Income (In case of Life Total Survival Guaranteed Total Maturity Guaranteed
Booster Assured on Death Benefit Accidental Surrender Value
(EOY) (EOY) Long Income) Benefit (EOY) Additions (if Benefit (EOY) Surrender Value
(EOY) Maturity) (EOY) Death Benefit (EOY)
any) (EOY) (EOY)

29 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 8,67,771

30 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 9,04,305
31 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 9,44,262
32 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 9,87,973
33 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 10,35,352
34 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 10,87,124
35 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 11,43,596
36 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 12,05,067
37 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 12,72,234
38 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 13,45,170
39 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 14,24,958
40 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 15,11,648
41 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 16,06,294
42 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 17,09,530
43 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 18,21,972
44 - - - 38,000 - - 38,000 4,94,562 - - 12,60,000 5,50,000 1,48,369 19,44,422
45 - - - 38,000 - - 38,000 4,94,562 15,45,507 20,40,069 12,60,000 5,50,000 1,48,369 20,78,069
Notes:
• EOY: End of Year, BOY = Beginning of Year
• Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and Service Tax.
• Total Annual Premium includes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any but excludes Goods and Service Tax.
• The Surrender Value payable shall be higher of ‘Minimum Guaranteed Surrender Value’ and ‘Special Surrender Value’. Any additional Surrender Value over and above the ‘Minimum Guaranteed Surrender Value’ is not
guaranteed.
• The above benefits are assuming income payment mode as Annual and with the assumption that no special date is opted by you. For details on other income payment modes and special date options, please refer the Policy
Document.
• The Net Rate of Return has been calculated based on the total survival (including auto-debit booster) and total maturity benefit, assuming that all premiums have been paid as and when due (excluding applicable taxes, cesses
and levies and rider premiums, if any).
• Refer Sales literature (Prospectus) and Policy Document for explanation of terms used in this illustration.
• Surrender value (both GSV and SSV) shown above is before payment of survival benefit applicable during the year of surrender.
• The above benefit illustration assumes that all premiums (excluding the first premium) are paid via auto debit mode of premium payment. Note that auto debit boosters are applicable only on the premiums paid via auto debit
mode of premium payment. Auto debit booster shall be payable only to the fully paid-up policies where all due premiums have been paid.

UIN: 104N124V06 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:3/13/24 Signature / Thumb Impression / Electronic Signature of
Date: 3/13/24 Agent/ Intermediary / Official Prospect/ Policyholder
This system generated benefit illustration shall be treated as signed by me.

UIN: 104N124V06 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