Variant 2 of Max life online savings plan provides a death benefit in the form of a lump sum benefit which is payable immediately on death, followed by regular payouts in the form of family income benefit and the total fund value at the end of the policy term.

A major difference between the two variants is that variant 2 offers a higher and more comprehensive death benefit than variant 1 and hence, the returns under variant 2 are lower than variant 1, all else being equal.

Eligibility Criteria: