Max Life Guaranteed Lifetime Income Plan
Immediate / Deferred Annuity
Min Investment₹12,000 per year
Service ProviderMax Life Insurance
Entry Age0–80 years
Description
An annuity plan offering the choice between an immediate payout or a deferred payout after a chosen accumulation period, with multiple annuity options including joint life with spouse.
- Guaranteed income for life
- Choice of immediate or deferred annuity
- Multiple annuity payout options
- Option to cover spouse under joint life annuity
- Entry age from 0 to 80 years depending on the annuity option chosen (immediate annuity from birth; deferred annuity from age 30)
- Single or regular premium options available
Terms & Conditions
Annuity option chosen at purchase generally cannot be changed later. Terms are as per Max Life's Guaranteed Lifetime Income Plan policy document.