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A Non-Linked Participating Individual Life Insurance Savings Plan (UIN: 104N091V06). This is a plan that gives a guaranteed monthly income for 10/20/30 years to fulfill the planned milestones even in case of any eventuality.
Max Life Monthly Income Advantage Plan


Guaranteed Monthly Income

Get guaranteed monthly income for 10/20/30 years immediately after completion of Premium Payment Term i.e. 6/8/10/12/15 pay.

Lump Sum Benefit on Maturity

Enjoy accrued bonuses along with Terminal Bonus on the maturity of the policy(end of income payout period).

Tax Benefit

This plan offers you to Get tax benefits on all premiums paid and policy benefits received by you as per the prevailing tax laws subject to change.

Policy Continuance Benefit

In case of an eventuality - 

Get lump sum benefit immediately on death to ensure the financial security of your loved ones.

The company also waives off all future premiums payable by you to ensure that all benefits i.e. Survival Benefit & Maturity Benefit are paid to your beneficiary as and when due, thus ensuring that your dreams for your family are taken care of even in your absence.

Comprehensive Protection through Riders

Avail the option of enhancing your risk coverage through the available riders.

  • Max Life Term Plus Rider (UIN – 104B026V03) provides additional risk coverage in case of death.
  • Max Life Accidental Death & Dismemberment Rider (UIN – 104B027V04) provides lump-sum benefit in case of death/dismemberment caused due to accident.
  • Max Life Critical Illness and Disability Rider (UIN: 104B033V01) provides benefits in case of Critical Illnesses or Total and permanent Disability of the Life Insured is available under this product.

Please refer the Rider Prospectus (or Max Life Website) for more details on Rider. The above riders and their subsequent version may be attached with this product or any future versions of this product.


Know how much investment is enough to Secure Your Family Financially : Simply click below:

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