FLEXI Fortune launched by Max New York with multiple-options facility.

Jan. 24, 2011 - PRLog -- Max New York Life Insurance has made a formal announcement of unveiling their latest insurance plan, FLEXI Fortune (http://www.maxnewyorklife.com/individual/FlexiFortune.aspx). The new plan would provide great flexibility to its customers to alter the course of plan in accordance with their requirements and specifications.
The newly launched policy would offer an edge to its customers by giving a choice in special areas, including fund options, life cover multiple as well as the tenure of the policy.
In addition, the policy also covers a structured transfer scheme that would profit from market volatility and maximizes one’s profit share by timing the tenure of the policy accordingly.

Features :

Minimum/ Maximum Age of Life Insured at Entry (Last Birthday) 7 – 50 years Premium payment term / Policy Term                   5 pay - 10 years term
                                                  10 pay – 15 years term
                                                  15 pay – 20 years term

Maturity Benefit:   On maturity, you will be eligible for an amount equal to prevailing Fund Value  where the Fund Value will be calculated as:

Fund Value = (Accumulated Units * prevailing NAV)

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Max New York Life Insurance Company Ltd. is a joint venture between Max India Limited, one of India's leading multi-business corporations and New York Life International, the international arm of New York Life, a Fortune 100 company. The company has positioned itself on the quality platform. In line with its vision to be the most admired life insurance company in India, it has developed a strong corporate governance model based on the core values of excellence, honesty, knowledge, caring, integrity and teamwork.