Life Partner Plus | Max New York Life Insurance

Life partner plus is yet another plan from Max New York Life Insurance, which is destined to offer security to life with the help of cash bonuses. Along with these, multiple options are provided so as to offer correct utilization of bonuses for gathering the requirements of the individuals.

The insurance plan offers triple benefit to its policy holder. The maturity benefits can be availed at the age of 75. The plan also has money back characteristic, which is used at the time of unfortunate death to a policy holder. In this case some part of the money would be paid by Max New York Life Insurance to its policy holder. Here the amount would be paid to the policy holder at normal intervals to help their customers to overcome any unforeseen events.

There is also a provision of customizing the policy in which people can do some alterations or changes to their Life Partner Plus policy according to their own requirements. Therefore flexibility is presented here to develop the value of one’s policy with the help of different rider options that are available to the policy holder of Max New York Life.

Living Benefits

The policy offers living benefits to its policy holders in which 7.5% percent of the primary sum is paid on the anniversary of each policy. It is done mostly given within the 61 to 75 years. Apart from this a policy holder is also eligible to get the accrue bonus if any at the time of maturity. Here the bonus is paid in cash or by cheque.

Death Benefit

Under this insurance policy, amount equivalent to the sum assured is paid to the family members of the deceased policy holder of Max New York Life Insurance down with additional bonuses if any. In any case, death occurs before the insured reaches 10 years then the entire premium is paid back to the family of the deceased policy holder along with interest.

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