Max LifeSmart Secure Plus: Should you go for this multiple-frills policy?
Bavadharini KS
BL Research Bureau |
Updated on
May 01, 2021
It has two new features special exit value option and premium break option
Max Life Insurance recently launched Smart Secure Plus Plan, a non-linked, non-participating, term life policy. While the loss of a family member is hard to cope with, a term cover can offer financial support to the surviving members. Max Life’s new plan, in addition to providing a risk cover, comes with multiple frills and riders. Should you go for this plan?
Basics
The policy is available for those from 18 to 65 years of age, with minimum sum assured (SA) of ₹20 lakh (minimum SA for joint life is ₹10 lakh). It provides cover up to 85 years of age. The policy offers different premium payment term options 5, 10, 12, 15 years, and one where you can pay premium till 60 years. Apart from this, regular pay option (where you can pay premium till the end of the polic
Description:
This role also encompasses a number of general administration duties within the Administration Services department.
Administrators are required to assist with the clearing of the daily workflow within the following work areas; preparation of documents, scanning, quality checking, indexing, printing, sending letters, underwriting and setting up new claims, and any other general administration duties.
The Administrator is expected to complete work to a consistently high standard whilst maintaining a high level of productivity.
Key responsibilities:
Preparing batches for scanning ensuring clear policy numbers/claim numbers
Scanning batches ensuring all pages match the number quoted, quality checking ensuring all documents can be viewed and the correct volume of pages match, indexing policy/claim batches checking the customer matches the system to the batch.
Mumbai (Maharashtra) [India], April 20 (ANI/BusinessWire India): Driven by the need to secure family s future financially and concern around medical emergencies, Life Insurance has emerged as the most preferred financial tool, reveals Tata AIA Life Insurance s Consumer Confidence Survey on the impact of COVID-19 Pandemic.
The survey also found that most consumers would buy life insurance in the next six months as a part of their investment allocation.
49 per cent of respondents suggested that they intend to buy Life Insurance in the next six months to ensure the financial security, followed by health insurance at 40 per cent, Mutual Fund SIPs at 37 per cent, Bank/Company FDs at 33 per cent, Equity shares at 30 per cent and Gold/Digital Gold at 25 per cent of those surveyed.
Tata AIA Life Insurance Company Limited
Family s Financial Future Top Concern for the Consumers Followed by Protection Against Health Emergencies - Tata AIA Life Survey
Monday, April 19, 2021 5:02PM IST (11:32AM GMT)
Life Insurance emerged most preferred financial asset class during the Pandemic
Customers associate life and health insurance solutions as must-have investments and a large percentage would consider buying them in the next six months [from Dec 2020]
Term solutions emerge as the fastest-growing category and come only after Endowment solutions in terms of customer preference
84% of respondents said they are still concerned about themself and family due to COVID-19
66% of respondents who are worried about themselves and family due to COVID-19 said their top concern is the economic slowdown
PPS resilience produces sound performance in unprecedented year
14 April 2021 12:09 PM
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Despite the impact that COVID-19 has had on our lives and livelihoods, PPS produced a resilient 2020 performance.
Professional Provident Society (PPS), the financial services company focused solely on providing financial solutions for graduate professionals, produced a resilient 2020 performance. This was amid a year in which COVID-19 impacted lives and livelihoods. Despite this, PPS stood focused on delivering its core purpose of paying valid claims and protecting its membersâ financial health.
PPSâs strategy of delivering value to members, its strong balance sheet, coupled with the growth of the business, contributed to its solid performance in this tumultuous period.