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Max Life Child Insurance Plan

Child insurance plan provides a secure financial future needs for your child and helps you in building a corpus so that when the right time comes, you can meet the expenses relating to education, career, or marriage and also provide financial support to your child, in case, you face an unfortunate incident.
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Max life Insurance plans
Distribution - Number of branches pan India (March 2019)
239
Entry Age Minimum/Maximum (Years) - Term Plans
18/70
Sum Assured Minimum / Maximum - Term Plans
10 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
10/50
Solvency Ratio (FY 2018-19) *
2.42
Number of Policies Sold (Ind+Group) *
527,601
Number of Lives Covered (Ind+Group) **
6,438,358
Claims Settlement Ratio (Ind+Group) ***
98.95%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Max Life Child insurance products

Future Genius Education Plan
Max Life Future Genius Education Plan is a Non-Linked Participating Savings Insurance Plan has been designed to help parents manage their child’s higher education costs through disciplined savings.
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Shiksha Plus Super Plan
Max Life Shiksha Plus Super Plan is a non-participating Unit-linked Insurance Plan that helps the insured secure a fund for their child’s future education and lot more.
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    InstantCover Insurance Web Aggregator Private limited
    710, 6th B Cross, 16th Main Road, Koramangala 3rd Block, Bangalore - 560 034.

  • 080-41101026
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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025