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Max Life Insurance Guaranteed Monthly Income Plan

Dear manish, I would like your opinion about this above mentioned Policy.

I am 65 years of age. Premium term 6 yrs. Sum assured Rs. 15.3 L Annual Premium is Rs.2,24,289. Returns will start from 7th year onwards with Rs. 8,500 p.m. for 5 yrs. And after that Rs. 20,000 p.m. for 5 yrs. and Rs. 49,000 p.m.appx. for 1 yr.

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