Non-Linked Participating Individual Life Insurance Savings Plan | UIN : 104N135V02

Mr.

(UIN : 104N135V02)

INSTA INCOME

You shall pay Rs.1,00,000 (excluding taxes) on an Annual mode

for 12 [Link] Policy Term is for 25 years.

Starting from 16/Nov/2024

an Income of Rs.37,996* shall
be payable Annually to you
***
for 25 years. The Total Income
over the policy term shall be
Rs.9,49,900*.
From 1st year
Rs.1,110 Rs.36,886^ Rs.37,996
till year 25

Please note all the incomes listed above shall be paid on Annual in Advance Mode
^
Cash Bonus of Rs.36,886 (@8% Illustration)/ Rs.9,660 (@4% Illustration) will be payable Annually in Advance from 1st Policy year onwards till year 25
 On 16/Nov/2049 the policy
will mature, Maturity Benefit of
Rs.13,61,040* will be paid to the
policyholder. In case, any survival
benefits were accrued during the
policy term, will also be provided
at maturity.

Sum Assured
Rs.12,00,000
on Maturity

Cash Bonus and Terminal Bonus

figures mentioned above are Additional
Rs.0
variable and depend on the Bonus. Benefits#
Rate declared by the company
from time to time.

Terminal
Rs.1,61,040
Bonus @8%$

Total Maturity
Rs.13,61,040
Benefit

$The Terminal Bonus of Rs.1,61,040 (@8% Illustration)/Rs.1,61,040 (@4% Illustration) will be paid in addition to
Sum Assured on Maturity.
#Only Applicable In case the life insured is female.
*The figures are illustrated @8%. For more information please refer to the benefit illustration attached in the policy pack

Maturity Benefit
Rs.13,61,040

Cash Bonus + Guaranteed Income*** of Rs.37,996 @8%

Rs.36,886 @8% + Rs.1,110

Premium Payment Term

Age Age
of 12 years
30 years 55 years

Total Premium : Rs. 12,00,000 @4%# : 135% | @8%# : 192%

#Kindly note that the above scenarios are only illustrations and does not create any rights and / or obligations. The assumed non-guaranteed rates of return
chosen in the above illustration are 4% and 8%. These assumed rates of return are not guaranteed and are not the upper or lower limit of what you might get
back as the value of your policy is dependent on a number of factors including future investment performance. The actual experience on the contract may be
different from the illustrated.
 The minimum death benefit at inception is Rs.12,50,000.

Any accrued survival benefit, if not paid earlier, shall be paid in addition to death benefit.

^Individual
Death Claims Paid Ratio as per Audited Financials for FY 2023-2024. | *As per Public Disclosures FY 2023-2024.
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT.

@Policy Continuance Benefit is available in all plan variants except for 100 – Age at Entry Variant & Accidental Death Benefit (ADB) is available in all plan variants for ages greater than or equal to 18 years.
^^ADB cover is restricted to 80 years of age. ***Guaranteed Income is a % of Annualised Premium and shall depend on the Guaranteed Income Payout Frequency, Age of the life insured, Plan variant, PCB Option and Premium Payment Term.

Guaranteed Income shall be applicable provided all due premiums are paid. All applicable Guaranteed Benefits in the product are subject to payment of all due premiums. Max Life Smart Wealth Advantage Growth Par Plan (UIN: 104N135V02) is a non linked participating
Individual Life Insurance Savings plan which provides Cash Bonuses and Terminal Bonus, which are variable in nature and declared by the company from time to time.

Yes Bank Limited is a Composite Corporate Insurance Agent of Max Life Insurance Company Limited (IRDAI Regd. No. 104 CIN: U74899PB2000PLC045626) having its corporate office at 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram (Haryana) -
122 002 ). Yes Bank is a Corporate Agent having license no. CA0125 issued by Insurance Regulatory & Development Authority of India (IRDAI), and does not underwrite the risk or acts as an insurer. Yes Bank Limited Registered Office: YES BANK LIMITED, YES BANK House, Off
Western Express Highway, Santacruz East, Mumbai – [Link] L65190MH2003PLC143249.

The brand ambassador as depicted herein, have endorsed only Max Life Insurance Products and are not in any manner endorsing YES Bank Limited and do not have any kind of association or relationship, with YES Bank Limited.

Max Life Smart Wealth Advantage Growth Par, a Non-Linked Participating Individual Life Insurance Savings Plan, UIN:104N135V01 is provided only by Max Life Insurance Company Limited. They are not Bank deposits or obligations of or guaranteed by YES Bank Limited. All
claims under the policy will be solely decided upon by Max Life Insurance Company Limited. The purchase of any insurance product by YES Bank Customers is purely voluntary and is not linked to availment of any other facility from YES Bank. For more details on risk
factors, benefits, waiting period, exclusions, coverage, terms and conditions please read the sales brochure carefully before concluding the sale. Tax benefits on the Insurance Product are subject to the conditions and limits mentioned in the Income Tax Act 1961 as
amended from time to time. Customer is advised to take an independent view from tax consultant.
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS [Link] LIFE INSURANCE PRODUCT IS OFFERED AND UNDERWRITTEN BY MAX LIFE INSURANCE CO. LTD. THE LIFE INSURANCE CONTRACT IS BETWEEN THE PROPOSER AND MAX LIFE INSURANCE CO LTD.
Max Life Insurance Co. Ltd. is a joint venture between Max Financial Services Limited and Axis Bank Ltd. Insurance is the subject matter of solicitation. For more details on the risk factors, Terms and Conditions, please read the sales and rider prospectus carefully before concluding
a sale. Trade logo displayed belongs to Max Financial Services Ltd. and Axis Bank Ltd. respectively and with their consents, are used by Max Life Insurance Co. Ltd. Customer Helpline number 1860 120 5577, Website- [Link] , SMS 'LIFE' to 5616188.
Please note that all the tax benefits are subject to tax laws at the time of payment of premium or receipt of policy benefits by you. Policy holders are advised to consult tax expert for better clarification /interpretation.

ARN: Max Life/FCB/Marketing/SWAG Par_Insta Income YBL BI/November 2024 IRDAI Regn No: 104 | CA Regn. No. CA0125

For any queries with respect to Insurance Policies bought through YES Bank, kindly contact us at our Toll Free No: 18001200, Email ID: yestouch@[Link], Website: [Link]

For more details on YES Bank copyright & disclaimer and Privacy Policy, please visit our website [Link]
 BENEFIT ILLUSTRATION
[Date and Time of Illustration – 16 November 2024, 03:49 PM]

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

Age & Gender: 30 Years, Male Name of the Product: Max Life Smart Wealth Advantage Growth Par Plan

Name of the Life Assured: Mr. Tag Line: A Non-Linked Participating Individual Life Insurance Savings Plan

Age & Gender: 30 Years, Male Unique Identification No: 104N135V02

GST Rate (Base Policy, First Year): 4.50%
Policy Term: 25 Years GST Rate (Base Policy, Subsequent Year): 2.25%
GST Rate (Rider Policy, First Year): NA
Premium Payment Term: 12 Years
GST Rate(Rider Policy,Subsequent Year): NA
Amount of Installment Premium: `1,04,500
Max Life State: Delhi
Mode of payment of premium: Annual Policyholder Residential State: Delhi

How to read and understand this benefit illustration?

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4% p.a.
Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your Insurer carrying on life insurance business. If your policy offers guaranteed returns benefits then these will be
clearly marked “guaranteed” in the illustration table on the next/this page. If your policy offers variable returns benefits then the illustration on the next/this page will show two different rates of assumed future investment returns,
of 8% p.a. and 4% p.a..These assumed rates of return are illustrative, not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including
future investment performance.

Policy Details
Variant Name Insta Income Sum Assured on Maturity (in Rs.) 12,00,000
Policy Continuance Benefit Option No Additional Benefit on Maturity (only applicable for female lives) (in Rs.) -
Payment Frequency for Guaranteed Income & Cash Bonus Annual in Advance Sum Assured on Death (at inception of the policy) (in Rs.) 12,50,000
Save the date Option No Date of first Survival Benefit payment Saturday, November 16, 2024

Rider Details
Accidental Death & Dismemberment (ADD) Rider Premium Payment Term and Rider Term NA Accidental Death & Dismemberment (ADD) Rider Sum Assured (in Rs.) NA
Term Plus Rider Term - Premium Payment Term and Rider Term NA Term Plus Rider Sum Assured (in Rs.) NA
Waiver of Premium (WOP) Plus Rider Term NA Critical Illness and Disability Rider - Coverage Variant NA
Critical Illness and Disability Rider - Rider Premium Payment Term and Rider Term NA Critical Illness and Disability Rider - Rider Sum Assured NA

Premium Summary

Accidental Death & Waiver of Premium Critical Illness and Total Installment
Base Plan Term Plus Rider
Dismemberment Rider Plus Rider Disability Rider Premium

Installment Premium without GST (in Rs.) 1,00,000 0 0 0 0 1,00,000

Installment Premium with first year GST (in Rs.) 1,04,500 0 0 0 0 1,04,500
Installment Premium with GST 2nd year onwards (in Rs.) 1,02,250 0 0 0 0 1,02,250

UIN: 104N135V02 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 4
 (Amount in Rupees)

Non-Guaranteed Benefit @ 4% per Non-Guaranteed Benefit @ 8% per Total Benefits including Guaranteed and Non-
Guaranteed Benefits
annum investment return annum investment return Guaranteed Benefits

Age at the
Single/
Policy start of Total Total
Annualized Guaranteed
Year the Policy Survival Survival
Premium Additional Guaranteed Special Surrender Special Total Death Total Death
Year Survival Maturity Surrender Surrender (BOY) & (BOY) &
Death Accidental Cash Bonus Surrender Surrender Cash Bonus Value (GSV) Surrender Benefit Benefit
Benefit Benefit Benefit Benefit Maturity Maturity
Benefit Death Benefit (BOY) Value (GSV) Value (SSV) (BOY) (EOY) Value (SSV) @4% @8%
(BOY) (EOY) (EOY) (EOY) Benefit @ Benefit @
(EOY) (EOY) (EOY)
4% (EOY) 8% (EOY)
(4+6+8) (4+6+12)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

1 30 1,00,000 1,110 12,50,000 - - 9,660 - 19,230 19,230 36,886 - 18,378 18,378 12,50,000 12,50,000 10,770 37,996

2 31 1,00,000 1,110 12,50,000 - - 9,660 38,461 48,461 48,461 36,886 - 39,445 39,445 12,50,000 12,50,000 10,770 37,996

3 32 1,00,000 1,110 12,50,000 - - 9,660 72,691 87,691 87,691 36,886 - 63,505 63,505 12,50,000 12,50,000 10,770 37,996

4 33 1,00,000 1,110 12,50,000 - - 9,660 1,56,922 1,64,922 1,64,922 36,886 48,016 90,891 90,891 12,50,000 12,50,000 10,770 37,996

5 34 1,00,000 1,110 12,50,000 - - 9,660 1,96,152 2,16,152 2,16,152 36,886 60,020 1,21,970 1,21,970 12,50,000 12,50,000 10,770 37,996

6 35 1,00,000 1,110 12,50,000 - - 9,660 2,35,383 2,83,383 2,83,383 36,886 72,024 1,57,136 1,57,136 12,50,000 12,50,000 10,770 37,996

7 36 1,00,000 1,110 12,50,000 - - 9,660 2,74,613 3,58,613 3,58,613 36,886 84,028 2,16,959 2,16,959 12,50,000 12,50,000 10,770 37,996

8 37 1,00,000 1,110 12,50,000 - - 9,660 3,59,524 4,59,320 4,59,320 36,886 1,41,712 2,95,795 2,95,795 12,50,000 12,50,000 10,770 37,996

9 38 1,00,000 1,110 12,50,000 - - 9,660 4,55,944 5,76,417 5,76,417 36,886 2,10,906 3,88,379 3,88,379 12,50,000 12,50,000 10,770 37,996

10 39 1,00,000 1,110 12,50,000 - - 9,660 5,63,705 7,06,686 7,06,686 36,886 2,91,440 4,95,826 4,95,826 12,50,000 12,50,000 10,770 37,996

11 40 1,00,000 1,110 12,50,000 - - 9,660 6,82,995 8,51,759 8,51,759 36,886 3,83,504 6,20,512 6,20,512 12,50,000 12,50,000 10,770 37,996

12 41 1,00,000 1,110 12,60,000 - - 9,660 8,13,606 10,11,857 10,11,857 36,886 4,86,888 7,63,780 7,63,780 12,60,000 12,60,000 10,770 37,996

13 42 - 1,110 12,60,000 - 6,25,000 9,660 8,71,476 10,99,881 10,99,881 36,886 5,17,532 8,35,875 8,35,875 12,60,000 12,60,000 10,770 37,996

14 43 - 1,110 12,60,000 - 6,25,000 9,660 9,29,227 11,35,887 11,35,887 36,886 5,48,056 8,60,279 8,60,279 12,60,000 12,60,000 10,770 37,996

15 44 - 1,110 12,60,000 - 6,25,000 9,660 9,18,457 11,57,361 11,57,361 36,886 5,10,060 8,81,556 8,81,556 12,60,000 12,60,000 10,770 37,996

16 45 - 1,110 12,60,000 - 6,25,000 9,660 9,07,688 11,79,800 11,79,800 36,886 4,72,064 9,04,548 9,04,548 12,60,000 12,60,000 10,770 37,996

17 46 - 1,110 12,60,000 - 6,25,000 9,660 8,96,918 12,03,234 12,03,234 36,886 4,34,068 9,29,364 9,29,364 12,60,000 12,60,000 10,770 37,996

UIN: 104N135V02 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 4
 Non-Guaranteed Benefit @ 4% per Non-Guaranteed Benefit @ 8% per Total Benefits including Guaranteed and Non-
Guaranteed Benefits
annum investment return annum investment return Guaranteed Benefits

Age at the
Single/
Policy start of Total Total
Annualized Guaranteed
Year the Policy Survival Survival
Premium Additional Guaranteed Special Surrender Special Total Death Total Death
Year Survival Maturity Surrender Surrender (BOY) & (BOY) &
Death Accidental Cash Bonus Surrender Surrender Cash Bonus Value (GSV) Surrender Benefit Benefit
Benefit Benefit Benefit Benefit Maturity Maturity
Benefit Death Benefit (BOY) Value (GSV) Value (SSV) (BOY) (EOY) Value (SSV) @4% @8%
(BOY) (EOY) (EOY) (EOY) Benefit @ Benefit @
(EOY) (EOY) (EOY)
4% (EOY) 8% (EOY)
(4+6+8) (4+6+12)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

18 47 - 1,110 12,60,000 - 6,25,000 9,660 8,86,149 12,27,729 12,27,729 36,886 3,96,072 9,56,167 9,56,167 12,60,000 12,60,000 10,770 37,996

19 48 - 1,110 12,60,000 - 6,25,000 9,660 8,75,379 12,53,299 12,53,299 36,886 3,58,076 9,85,134 9,85,134 12,60,000 12,60,000 10,770 37,996

20 49 - 1,110 12,60,000 - 6,25,000 9,660 8,64,610 12,80,026 12,80,026 36,886 3,20,080 10,16,456 10,16,456 12,60,000 12,60,000 10,770 37,996

21 50 - 1,110 12,60,000 - 6,25,000 9,660 8,53,840 13,25,522 13,25,522 36,886 2,82,084 10,66,941 10,66,941 12,60,000 12,60,000 10,770 37,996

22 51 - 1,110 12,60,000 - 6,25,000 9,660 8,43,071 13,72,733 13,72,733 36,886 2,44,088 11,20,952 11,20,952 12,60,000 12,60,000 10,770 37,996

23 52 - 1,110 12,60,000 - 6,25,000 9,660 8,32,301 14,21,659 14,21,659 36,886 2,06,092 11,78,786 11,78,786 12,60,000 12,60,000 10,770 37,996

24 53 - 1,110 12,60,000 - 6,25,000 9,660 8,21,532 14,72,326 14,72,326 36,886 1,68,096 12,40,718 12,40,718 12,84,053 12,84,053 10,770 37,996

25 54 - 1,110 12,60,000 12,00,000 6,25,000 9,660 - - - 36,886 - - - 13,47,478 13,47,478 13,71,810 13,99,036

Notes:
1. Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and Service Tax. Refer Sales literature for explanation of terms used in
this illustration.
2. EOY: End of Year, BOY = Beginning of Year, Arrears means Cash Bonus and Guaranteed Income shall be provided at EOY, Advance means Cash Bonus and Guaranteed Income shall be provided at BOY. For more details refer to
Prospectus.
3. The surrender benefit, death benefit and maturity benefit shown above are at the end of the Policy Year.
4. The Surrender Value is higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV).
5. Refer Sales literature (Prospectus) and Policy Document for explanation of terms used in this illustration.
6. Above benefits include terminal bonus payable,if any.
7. The above benefits are with assumptions that save the date option is not selected by you. For details on save the date option , please refer the Policy Document.
8. Under column 18 and 19, Maturity Benefit also includes the 'Terminal Bonus (if Declared) at Maturity'.

UIN: 104N135V02 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 4
I, ……………………………………………. (name),have explained the premiums, and benefits I, ……………………………………………. (name), having received the information with respect
under the product fully to the prospect / policyholder. to the above, have understood the above statement before entering into the contract.

Place: Date: 11/16/24

Signature / OTP Confirmation Date/ Thumb Impression / Signature / OTP Confirmation Date / Thumb Impression /
Date: 11/16/24 Electronic Signature of Agent / Intermediary / Official of the Electronic Signature of Prospect / Policyholder
insurer
This system generated benefit illustration shall be treated as signed by me.

UIN: 104N135V02 Max Life Insurance Company Limited having its Corporate Office at 11th Floor, DLF Square, Jacaranda Marg, DLF City, Phase II, Gurugram – 122002 Page 4 of 4