Max Life Insurance Company Ltd. (“Max Life”) has announced the expansion of its Guaranteed solutions portfolio with the introduction of the all-new Smart Wealth Advantage Guarantee Elite Plan –SWAG Elite Plan (UIN – 104N138V01). Building on the success and consumer affinity garnered by its ‘SWAG’ series of offerings such as SWAG Par Plan and SWAG Pension Plan, Max Life continues its commitment to delivering innovative solutions that cater to the needs of the modern consumers.
Max Life is introducing the SWAG Elite Plan, a comprehensive solution tailored to the ‘High Net-worth Individual’ (HNI) segment. This plan offers guaranteed returns and lifelong protection for future generations, with the flexibility to choose between a lump sum at the end of the survival benefit period or allow it to accrue over time.
The plan also provides whole life protection, ensuring coverage continues until the life insured’s death. Policyholders can customize their plans by choosing from multiple premium payment and survival benefit period options. This innovative offering aims to meet the growing demand for diverse investment options. Prashant Tripathy, Managing Director and CEO, Max Life, said, “Innovation lies at the heart of Max Life’s ethos, and the SWAG Elite plan is reflective of our commitment to empower customers to build a financially secure future for themselves and their families.”
