BENEFIT ILLUSTRATION

[Date and Time of Illustration – 27 March 2023, 08:23 PM]

Name of the Prospect/Policyholder: Mr. Gediya Proposal No:

Age & Gender: 31 Years, Male Name of the Product: Max Life Smart Secure Plus Plan
Name of the Primary Life Assured: Mr. Gediya Tag Line: A Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan
Age & Gender: 31 Years, Male Unique Identification No: 104N118V05
Risk Class: Non Smoker GST Rate (Base Policy, First Year): 18.00%
Name of the Secondary Life Assured, if applicable: NA GST Rate (Base Policy, Subsequent Year): 18.00%
Age & Gender: NA GST Rate (Rider, First Year): NA
Risk Class: NA GST Rate (Rider, Subsequent Year): NA
Policy Term: 44 Years
Premium Payment Term: 44 Years Max Life State: Haryana
Amount of Installment Premium: `26,431 Policyholder Residential State: Gujarat
Mode of payment of premium: Annual
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.

Policy Details
Policy Option Increasing Life Cover Sum Assured (in Rs.) 50,00,000
Return of Premium Option No Sum Assured on Death (at inception of the policy) (in Rs.) 50,00,000

Optional Benefit Details

Optional Benefit Name Applicability/ Opted Sum Assured Coverage Term Payment Term
Accelerated Critical Illness Cover No NA NA NA
Accident Cover No NA NA NA
Joint Life Benefit No NA NA NA
Premium Break No NA NA NA

Rider Details

Rider Name Applicability/ Opted Sum Assured Coverage Term Payment Term

Waiver of Premium (WOP) Plus Rider No NA NA NA

Critical Illness and Disability Rider No NA NA NA

Premium Summary
Accelerated Critical Waiver of Premium
Accidental Cover Critical Illness and Total Installment
Base Plan Joint Life Illness Cover Benefit Plus Rider
Benefit Disability Rider Premium

Installment Premium without GST (in Rs.) 22,399 0 0 0 0 0 22,399

Installment Premium with first year GST (in Rs.) 26,431 0 0 0 0 0 26,431
Installment Premium with GST 2nd year onwards (in Rs.) 27,201 0 0 0 0 0 27,201

UIN: 104N118V05 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 1 of 3
 (Amount in Rupees)

Guaranteed Non Guaranteed

Single/ Annualized Premium
Policy Year Min Guaranteed Surrender
Survival Benefits/ Loyalty Special Surrender Value/
Other Benefits, if any Maturity Benefit Death Benefit Value/ Exit Value
Additions Special Exit Value

1 12,399 - - NA 50,00,000 - -
2 13,051 - - NA 52,50,000 - -
3 13,051 - - NA 55,00,000 - -
4 13,051 - - NA 57,50,000 - -
5 13,051 - - NA 60,00,000 - -
6 13,051 - - NA 62,50,000 - -
7 13,051 - - NA 65,00,000 - -
8 13,051 - - NA 67,50,000 - -
9 13,051 - - NA 70,00,000 - -
10 13,051 - - NA 72,50,000 - -
11 13,051 - - NA 75,00,000 - -
12 13,051 - - NA 77,50,000 - -
13 13,051 - - NA 80,00,000 - -
14 13,051 - - NA 82,50,000 - -
15 13,051 - - NA 85,00,000 - -
16 13,051 - - NA 87,50,000 - -
17 13,051 - - NA 90,00,000 - -
18 13,051 - - NA 92,50,000 - -
19 13,051 - - NA 95,00,000 - -
20 13,051 - - NA 97,50,000 - -
21 13,051 - - NA 1,00,00,000 - -
22 13,051 - - NA 1,00,00,000 - -
23 13,051 - - NA 1,00,00,000 - -
24 13,051 - - NA 1,00,00,000 - -
25 13,051 - - NA 1,00,00,000 - 5,75,635
26 13,051 - - NA 1,00,00,000 - -
27 13,051 - - NA 1,00,00,000 - -
28 13,051 - - NA 1,00,00,000 - -
29 13,051 - - NA 1,00,00,000 - -
30 13,051 - - NA 1,00,00,000 - -
UIN: 104N118V05 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 2 of 3
 Guaranteed Non Guaranteed
Single/ Annualized Premium
Policy Year Min Guaranteed Surrender
Survival Benefits/ Loyalty Special Surrender Value/
Other Benefits, if any Maturity Benefit Death Benefit Value/ Exit Value
Additions Special Exit Value

31 13,051 - - NA 1,00,00,000 - -
32 13,051 - - NA 1,00,00,000 - -
33 13,051 - - NA 1,00,00,000 - -
34 13,051 - - NA 1,00,00,000 - -
35 13,051 - - NA 1,00,00,000 - -
36 13,051 - - NA 1,00,00,000 - -
37 13,051 - - NA 1,00,00,000 - -
38 13,051 - - NA 1,00,00,000 - -
39 13,051 - - NA 1,00,00,000 - -
40 13,051 - - NA 1,00,00,000 - -
41 13,051 - - NA 1,00,00,000 - -
42 13,051 - - NA 1,00,00,000 - -
43 13,051 - - NA 1,00,00,000 - -
44 13,051 - - NA 1,00,00,000 - -

Notes:
• Annualized Premium includes base policy and additional benefits premium, if opted. It excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and
Service Tax.
• Guaranteed Death Benefit will be paid to the beneficiary, immediately on death of the Life Insured or diagnosis of terminal illness (capped at sum assured of 1 crore) on the Life Insured, whichever is earlier.

Refer Sales literature (Prospectus) for explanation of terms used in this illustration.

I, ……………………………………………. (name),have explained the premiums, and benefits I, Gediya (name), having received the information with respect to the above, have understood
under the product fully to the prospect / policyholder. the above statement before entering into the contract.

Place: Signature / Thumb Impression / Electronic Signature of Date:3/27/23 Signature / Thumb Impression / Electronic Signature of
Date: 3/27/23 Agent / Intermediary / Official Prospect / Policyholder
This system generated benefit illustration shall be treated as signed by me.

UIN: 104N118V05 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 3 of 3