Max New York Life Guaranteed Monthly Income Plan

Recommendations :No

Name of the policy :
Max New York Life Guaranteed Monthly Income Plan

A brief desciption :

Max New York Life Guaranteed Monthly Income Plan is a traditional endowment money back plan. In this plan, the Policy Tenure can be either 6 years or 11 years, as selected at policy inception. Premium needs to be paid for the entire Tenure. The Monthly Income is provided for 10 years after the completion of the policy term.

Started date :7/7/2011
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :Min Monthly Income- 2000 Max- No limit For Policy Term 6 years, SA= 180 X Monthly Income. For policy Term 11 Years SA = 240 X Monthly Income
Returns expected :Less than Fixed Deposit
Entry age :25-65 years

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