Max New York Life Insurance has launched ‘Fast Track Plan’, a highly customizable unit-linked life insurance plan that offers consumers the opportunity to catch up on lost time for those life needs they may have de-prioritised for more immediate needs. Fast Track helps plan their savings in a faster and more efficient manner to fulfil their goals. The plan provides faster accumulation through choices of shorter policy tenure, faster and safer growth through fund options and an added feature of ‘Systematic Transfer Plan to benefit from market volatility.
Fast Track Plan allows a minimum premium investment of Rs. 1 lakh with no limit on the maximum premium amount. Individuals in the age group 30 years to 60 years can buy this plan and the maximum age at maturity is 70 years. Personal Accidental Benefit and Dread Disease riders are also available with the plan.