CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the customizable plan launched by Max Life Insurance Company Limited, that will offer customers the flexibility to customize their own protection solution .
A
Max Life Protection Plan
B
Max Life Flexible Plan
C
Max Life Customizable Plan
D
Max Life Smart Term Plan
Explanation: 

Detailed explanation-1: -Max Life Smart Secure Plus Plan offers two death benefit . You also get inbuilt benefits such as cover for terminal illness and a special exit value*. Along with that, this term plan also offers an array of optional benefits such as joint life cover, premium breaks, additional payout on accidental death and more.

Detailed explanation-2: -One of those additional options is a voluntary top-up. It is an option that an employer offers to the employees so that they can enhance their group health insurance coverage in case they are not satisfied with the existing one.

Detailed explanation-3: -Max Life Smart Wealth Advantage Guarantee Plan offers you guaranteed returns to ensure that you and your family lead life with financial certainty. The plan requires the policyholder to pay a premium for a defined premium term, after which they get a lump-sum or income benefit, depending on the chosen variant.

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