Max Life Insurance Company Ltd. has introduced the Smart Wealth Advantage Guarantee Elite Plan –SWAG Elite Plan UIN – 104N138V01), expanding its Guaranteed solutions portfolio. 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 committed to providing diverse investment options for consumers, with the SWAG Elite Plan being a new offering tailored to the ‘High Net-worth Individual’ (HNI) segment. This comprehensive solution aligns with their evolving financial needs and aspirations, demonstrating the company’s commitment to offering innovative and varied 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.”
The new offering offers customers guaranteed returns and lifelong protection for future generations. It’s flexible, allowing customers to choose a lump sum at the end of the survival benefit period or let it accrue over time. The plan provides whole life protection until the insured’s death, and allows customization through multiple premium payment and survival benefit period options.