Mumbai, Oct 30: Max New York Life company has introduced two new products: Stepping Stones and Life Gain Plus. Stepping Stones is a child money back plan aimed at parents looking at securing the future of their children, the company said in release here today.
Under the plan, 30 per cent of the sum assured would be paid five years before maturity, it said adding, the scheme also gives the customer the flexibility to choose the tenure of the policy.
Life Gain Plus is a limited pay endowment plan that requires the customer to make limited term premium payments and yet enjoy full-term coverage and benefits of a regular endowment plan, it said.
The launch of these two products take the total number of products to 13.
Bureau Report