Amway Life insurance policies by Amsure India

Amsure, a branch of Amway India provides insurance services as a corporate agent of Max New York Life Insurance in India.

It provides traditional Life insurance products as well as Unit linked products that participate in equity markets.

The products offered by Amsure Insurance are as follows:

Max Amsure Bonus Builder

This is specifically designed for the life cover and retirement benefits. In this plan, you pay premiums only for a certain period of time and after you reach your retirement, Bonus Builder pays you 5% of the total sum assured every year regularly for 20 years un till you reach 80 years. In the unfortunate event of death, the nominee is paid the Sum assured and other bonuses, if any accumulated.

Max Amsure Future Builder

This is a savings time Insurance plan aimed at fulfilling the needs of your children when they grow up. You can decide Sum assured value in this plan according to the future needs of your child. This plan is also eligible for Bonuses after completion of 3 years stay in the policy. Upon death of the child before maturity, all the premiums paid will be returned back along with 4% interest rate compounded annually and bonus if any accrued.

Also see: LIC children plans

Max Amsure Business Builder

This product is designed keeping Business people in mind. This plan aims at making you and your family financially secure in case something goes wrong with your business. The plan provides high levels of cover in the initial stages of your business due to uncertainties which gradually decreases as your business sees good growth. This finally comes down to 50% of Sum assured after 7 years and there after the new Sum assured remains the same.

Max Amsure Secure returns Builder

This products aims at managing your Insurance and Investments under one roof. Note that since this is an ULIP policy, the investment risk is entirely borne by the holder.

This plan aims to shield you from fluctuating inflation, provides a maturity guarantee and also gives you the option of managing your premiums by allowing changing the funds as per your needs.