Quote Originally Posted by mainak18 View Post
1. Is Max Life Insurance Genuine Company for my future investment??
Why you are thinking it is not Genuine? Read More - http://www.policywala.com/how-safe-i...rance-company/

2. Is Max Life Insurance is IRDA Approved??
Yes

3. Is my plan will be perfect for my future??
You have not mentioned the name of the plan you wanted to buy.

Max Life has three pension plans:
1- Max Life Forever Young Pension Plan - Minimum Premium is Regular Pay - Rs. 25,000 per annum; so it does not fit in your example (Rs. 12000 per annum) above.
2- Max Life Guaranteed Lifetime Income Plan - Entry Age (Age at last birthday)Minimum: 50 years; so you are not eligible (Age 32)
3- Max Life Life Perfect Partner Super - Minimum Premium is Rs. 20,000 per annum; so it does not fit in your example (Rs. 12000 per annum) above.

So none of the above looks like the plan you discussed with your agent.

4. Most important part is that how many amount I will get after maturity??
Without the plan name we can't answer this.