Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.122)

122. 

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

Answer: Option D

Explanation:

Max Life Insurance Company Limited, one of the country's leading life insurance companies, launched customizable 'Max Life Smart Term Plan'. It will offer customers the flexibility to customize their own protection solution through the selection from a wide range of benefits and features. It comes with add on Max Life Waiver of Premium Plus Rider. It provides a waiver for all future premiums under the policy. This will help to create a customised protection solution for each customer.It will also provide a 'Premium Back Option' on a term product till the age of 85 for the consumers.

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