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Max Life Cancer Insurance Plan is a non linked and non traditional health plan which covers all stages of cancer. Fixed benefits defined in the policy are paid to the insured irrespective of the actual expenses on diagnosis of cancer of any stage along with income benefit. This plan provides coverage for top 20 cancer incidence in India.BUY NOW
Lump sum Benefit
Waiver of Premium Benefit
Waiver of all future premiums in case insured being diagnosed at pre cancer or early stages of cancer.
10% of Basic Sum Insured is payable for a tenure up to 5 years. The income benefit will be paid as and when due irrespective of the expiry of the policy term or in case of death of Policyholder. In case of death of Policyholder during income benefit payout period, the benefit will be paid to the Nominee/Legal heir.The benefit is applicable when the insured is diagnosed at a major stage of cancer.
There is no death benefit payable under this plan.
There is no maturity benefit payable under this plan.
How the Plan Works?
Let us understand the plan with the example of Mr. Bajaj
Life Insured: Mr. Bajaj
Age: 35 years
Plan: Max Life Cancer Insurance Plan
Term: till age 70
Sum Insured: Rs 30 lakh
Annual Premium: Rs 10.890
Value Added Benefits
Waiting Period Clause
|Age (as on last birthday)||25 Years||65 Years|
|Sum Assured||10 Lacs||50 Lacs|
|Policy Tenure||10 Years||40 Years|
|Grace Period||30 Days (15 Days For Monthly Mode)||-|
|Freelook Period||15 Days/ 30 Days (for Distance Marketing Channel) From The Receipt Of The Policy||-|