BUILD A FORTUNE WITH

BUILD A FORTUNE WITH THE 3-WAY BENEFIT PLAN. Introducing Max New York Life Fortune Builder, a plan that builds you a great fortune. Beat inflation with indexation Guaranteed loyalty additions Secure your investments with lifestage based dynamic fund allocation IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. UIN : 104L058V01

Settling for the second best has never been an option for you. When it comes to a plan that will help you plan for your financial goals be it a car, your dream home, a holiday abroad or the protection and comfort of your family, you want to trust the best. Invest in the Max New York Life Fortune Builder a unit linked Insurance plan which offers a unique combination of protection with potentially higher returns to fulfill your goals. Presenting Max New York Life Fortune Builder that offers the following benefits: Guaranteed Loyalty Additions of up to 290% of ATP* Comprehensive protection through high sum assured multiples and inbuilt Family Income Benefit Increasing Premium Option to counter inflation along with Increasing Sum Assured Benefit Choice of Seven well managed funds for investors of different risk profiles Life Stage based Asset Allocation Dynamic Fund Allocation Flexibility to make Partial Withdrawals to meet unplanned expenses Flexibility to opt for Personal Accidental Benefit and Dread Disease rider *Total Guaranteed Loyalty Additions for a Policy term of 20 years.

Guaranteed Loyalty Additions: The Guaranteed Loyalty Additions is paid basis the Policy Term chosen by the customer. The Guaranteed Loyalty Additions is allocated as a percent of initial Annual Target Premium (ATP). Policy Term Year 10 Year 15 Year 20 10 120% of ATP 15 60% of ATP 150% of ATP 20 30% of ATP 60% of ATP 200% of ATP The Policy will be eligible for Guaranteed Loyalty Additions provided the conditions mentioned below have been fulfilled: 1. All due premiums have been paid by the policyholder 2. If the policyholder opts for cover continuance option, then Guaranteed Loyalty Additions will not be paid 3. The Life Insured is living Guaranteed Loyalty Additions 50,000 40,000 30,000 20,000 10,000 0 Year 10 Year 15 Policy Year Year 20 Note: The above scenario is illustrated for a 20 year policy term with an Annual Premium of Rs. 24,000 and assumes all due premiums are paid. Family Income Benefit We understand that after death of the breadwinner, the family needs regular support for certain unexpected expenses to enable them to meet these sudden expenses, post the death of the Policyholder. We will pay the nominee an amount equal to 10% of sum assured every year for 10 years or till original policy maturity date (whichever happens earlier), subject to a maximum of 100% of Sum Assured without any requirement to pay future Premiums. Take 3 easy eteps towards building a bright future for your family Step 1: Choose your premium Annual Target Premium or ATP means the level premium payable by you in a Policy Year by regular installments in the amounts and on the due dates. The Annual Target Premium (ATP) can be paid under any of the following options: a) Level Premium: Under this option, the ATP will remain unchanged, throughout the Policy Term. b) Increasing Premium: Under this option, the ATP will increase by an amount equal to 5% of the initial ATP on each Policy Anniversary after the effective date of the Policy. In this case, the sum assured shall also increase @ 5% per annum of the initial sum assured on each Policy Anniversary. The minimum premium you can choose is Rs. 24,000 per annum. There is no cap on the maximum premium payable. In addition to this, you may even want to invest a lump-sum as and when you have it in the form of Top-ups subject to the maximum limit. The Top-up payments do not increase the insurance coverage on the Policy. Note: Increase or decrease in premium amount is not allowed during the Policy Term and there is no changeover allowed between Level and Increasing Premium option once the Policy is in force.

Step 2: Choose your Policy Term You have the option to select the Policy Term as per your convenience. To enable you to match the maturity with your financial goals, you have the option to choose one of three policy terms, i.e. 10 years, 15 years or 20 years. Step 3: Choose your Sum Assured You can choose the amount of protection you want with a wide choice of Sum Assured multiple which can be a whole number between 5 to 30 times the annual Premium. However, at higher ages, a higher cover multiple may not be sustainable due to a high cost of insurance. Sum Assured = ATP X Cover Multiple Maturity Benefit: On maturity, the Policyholder will be eligible to an amount equal to Fund Value where the Fund Value will be calculated as: Fund Value = (Accumulated Units (including Top-ups) * prevailing NAV) At Maturity, along with your fund value you will get Guaranteed Loyalty Additions: Depending upon the Term chosen Subject to all due premiums have been paid by the policyholder and Life insured being alive If the policyholder opts for cover continuance option, then Guaranteed Loyalty Additions will not be paid Death Benefit: Incase of Death of the Life Insured before maturity of Policy, the following benefits shall apply: 1. Amount equal to higher of prevailing Sum Assured or prevailing Fund value 2. Payout s applicable under the Family Income Benefit (Note that the policy will only continue for the FIB payouts, no other benefits are available post the death of Life Insured and no Premiums will be payable or accepted by the Company after the death of Life Insured) Illustrative Example: Amount(in Rs.) Payout Sum Assured = Higher of Sum Rs. 5,00,000 + Rs. 24,000 every year for Immediate/Through-out Policy (FIB) Assured or Fund Value a maximum of 10 years Maturity Benefit = Fund Value NA Maturity of Policy For example at sample ages: Age of Life Assured Annual Target Policy/Premium Assumed Rates of Return Premium (in Rs.) Paying Term on Investment of Funds p.a Fund Value (in Rs.) IRR @ 10% (including Guaranteed without Mortality Loyalty Additions) and Service Tax 35 25,000 20 10% 1,128,408 8.18% 35 25,000 20 6% 735,829 30 50,000 20 10% 2,367,772 8.36% 30 50,000 20 6% 1,548,472 Cover multiple of 20 Please note that the above -assumed rates of return of @ 6% and 10% p.a. respectively, for balanced fund and a multiple of 20, are only scenarios of what your Policy will look like at these rates after recovering all applicable charges. These are not guaranteed and they are not the upper or lower limits of what your Policy might earn, as the value of your Policy is dependent on a number of factors including future investment performance. The Fund Value shall include the Guaranteed Loyalty Additions, if applicable.

Tax Benefits: This plan may entitle you to certain tax benefits on your Premiums as well as on your maturity value, subject to Tax Laws prevailing from time to time. U/s 80C of the Income Tax Act 1961 on your Premiums. U/s 10(10D) of the Income Tax Act 1961 on your maturity proceeds of the Policy Max New York Life Fortune Builder at a glance Minimum/Maximum Age of Life Assured at Entry (Last Birthday) Policy Term Maximum Age of Life Assured at Maturity Premium Payment Term Premium Payment Mode Minimum Annual Target Premium Minimum Sum Assured Max. Sum Assured Riders Offered 7 years to 60 years. 10/15/20 years 80 years Regular Pay Annual, Semi-annual, Quarterly and Monthly Rs. 24,000 per annum for all modes Annual Premium X 5 No limits, will depend on the premium and cover multiple opted and will be subject to underwriting. 1. Personal Accidental Benefit UIN 104C007V02 2. Dread Disease UIN 104C010V02 (Refer to rider brochure for details) Choose your Investment Strategy 7 Expertly Managed Funds to Choose From: Fund Name and Objective Government Securities Corporate Bonds Money Market & Cash Instruments Equity & Equity Related Securities Potential Risk/ Reward Growth Fund: Provides potentially higher returns by investing primarily in equities (to target growth in capital value of assets). However, the fund will also invest in government securities, corporate bonds and money market instruments. Growth Super Fund: Provides potentially higher returns by investing predominantly in equities (to target growth in capital value of assets). However, the fund may also invest in government securities, corporate bonds and money market instruments. Balanced Fund: Provides balanced returns from investing in both fixed income securities (to target stability of returns) as well as in equities (to target growth in capital value of assets). Dynamic Opportunities Fund: Provides potentially higher returns to the Policyholder by dynamically investing in equities, debt or cash instruments to capitalise on changing market conditions. The fund will have flexibility to increase or decrease the debt-equity ratio basis the opportunities available in the market. 0%-30% 0%-30% 0%-40% 20%-70% High 0%-20% 0%-20% 0%-30% 70%-100% High 20%-50% 20%-40% 0%-40% 10%-40% Moderate 0%-100% 0%-100% 0%-40% 0%-100% Moderate

Fund Name and Objective Government Securities Corporate Bonds Money Market & Cash Instruments Equity & Equity Related Securities Potential Risk/ Reward Conservative Fund: Provides stable return by investing in assets of relatively low to moderate level of risk. The fund will invest primarily in fixed interest securities such as government securities, corporate bonds, etc. However, the fund may also invest in equities. 50%-80% 0%-50% 0%-40% 0%-15% Low Money Market Fund: Provides stable returns by investing in short term money market instruments like treasury bills and cash. The declared NAV of the fund is guaranteed to be not less than the declared NAV of the previous day. Nil Nil 100% Nil Low Secure Fund: Provides stable returns by investing in relatively low risk assets. The fund will invest exclusively in fixed interest securities such as government securities, corporate bonds, etc. 50%-100% 0%-50% 0%-40% Nil Low Or opt for: Dynamic Fund Allocation This investment option enables you to plan your investments basis your life stage. Through this option, you don t have to opt for any fund manually or do any switch/redirection manually, which happens automatically. Dynamic Fund Allocation endeavours to safeguard your fund from any capital erosion, as the Policy progresses and nears maturity. It basically is a strategy where the fund is invested mainly in equity towards the start of the Policy and gradually shifts from equity to debt. This option can be taken at the stage of proposal after which the Company will effect automatic allocation/switch of Premiums received to Funds as per a pre-determined proportion given in the table below. There are no charges or processing fees if you opt for Dynamic Fund Allocation. You may opt out of the Dynamic Fund Allocation only once during the Policy Term and the change will be effective on the next Policy Anniversary. Once opted out, you cannot opt again for the Dynamic Fund Allocation. Number of Years to Maturity 16-20 years 11-15 years 6-10 years 0-5 years Assets under management to be maintained under the Growth Super Fund 75% 60% 40% 20% Assets under management to be maintained under the Secure Fund 25% 40% 60% 80% An example, considering that you are of age 35 and take a policy term of 20 years and opt for Dynamic Fund Allocation. To start with, 75% of you net investable Premium is invested in the Growth Super Fund and 25% in Secure Fund. As the Policy progresses, and the years to maturity remain as 15 years, the asset allocation is changed to 60% and 40% in Growth Super Fund and Secure Fund respectively. Similarly, as the Policy nears maturity, majority of the funds (80%) are invested in Secure Fund and 20% is invested in the Growth Super Fund. Flexibilities offered: Top-ups: You can invest extra money in your Policy through lump sum Top-ups at any time and any amount you want, subject to a maximum of 25% of total Premiums paid. However, Top-ups are subject to a lock-in period of 3 years except the Top-ups made in the last 3 Policy Years. Switching: You may switch Units between available Funds at any time during the term of the Policy, subject to a minimum switch amount of Rs. 5,000. Following receipt of your written notice, we will cancel Units in the Fund you wish to exit from and purchase Units in the Fund you wish to enter. We may at any time impose a complete or partial ban on switches for a time period. We shall determine (but not exceeding 30 days) if, in our sole and absolute discretion, we consider this to be in the interests of maintaining the stability of the Funds or necessary to protect the interest of Policyholder. Such a situation may arise under extraordinary circumstances such as non-availability of market prices, occurrence of any catastrophe, etc., where the declaration of unit price is not possible. No switiching is allowed in case of Dynamic Fund Allocation option. Premium Redirection: You may redirect your future premiums between available Funds at any time by giving us 7 days prior written notice. If you choose to redirect your future premiums to more than one Fund, the percentage of such premiums redirected to each Fund shall

be subject to a minimum percentage limit at the relevant time. Your notice must quote your Policy number and it must specify precisely the Fund in which you wish to redirect the premiums. Partial Withdrawal: An investment under insurance plans is viewed on a long-term horizon and the maximum benefits are also reaped if you stay invested for longer duration, therefore, for the first three policy years, the plan is not eligible for a partial surrender. Therefore, you can make lump-sum partial withdrawals from your funds at any time after the policy has completed three years provided the life insured has attained 18 years of age and within the policy term chosen. The maximum amount of partial withdrawal allowed in any particular year after first 3 policy years is 20% of the fund value subject to the fund value immediately after partial withdrawal being not less than 1.5 times of the the Annual Target Premium. The Sum Assured shall be reduced to the extent of partial withdrawals made during the two years period immediately preceding the death of Life Insured. However, on attainment of age 60 by the Life Insured, all partial withdrawals made within two years before attaining age 60 and all partial withdrawals made after attaining age 60 shall be set off against Sum Assured payable on death. Surrender: In case you decide to discontinue the plan due to any reason, you may do so by giving us a prior written request to surrender this policy at any time after the completion of first Policy Anniversary, provided an amount equal to two ATP s has been paid by you. Upon our receipt of your signed request for surrender of the Policy, this Policy will immediately terminate and the Unit Account shall be closed. However, the surrender value if any prevailing at the time of affecting the surrender shall be paid only after the completion of third Policy Anniversary. Charges under the Policy 1. Premium Allocation Charge Premium Allocation Charge (as a % of ATP/Top-up): Premium Band Year 1 & 2 First Rs. 50,000 30% Rs. 50,001 Rs. 1,00,000 20% Rs. 1,00,001 & above Nil Allocation Charge Year 3 and onwards: On the first Rs. 100,000, the allocation charge will be 5% and no allocation charge will be levied on premium amount above Rs. 100,000. Example: If your ATP is Rs. 200,000, the allocation charge is calculated as below: On first Rs. 50,000: 30%, which will be equal to Rs. 15,000 On next Rs. 50,000: 20%, which will be equal to Rs. 10,000 On the premium amount over and above Rs. 100,000: Nil Hence, the total allocation charge levied will be Rs. 25,000 on the entire Rs. 200,000 ATP. The allocation charge on Top-ups will be 2% of the Top-up Premiums received. 2. FUND MANAGEMENT CHARGES: In the long run what makes your investment returns look impressive is the way your funds are managed. Max New York Life s expertise in managing your funds is available to you at a nominal charge. This is a charge levied as a percentage of the value of assets and shall be appropriated, usually daily, by adjusting the Net Asset Value of the fund. The annual rate of fund management charge is as below. This charge may increase in future after clearance from the IRDA. Growth Fund: 1.25% Growth Super Fund: 1.25% Balanced Fund: 1.10% Dynamic Opportunities Fund: 1.25% Conservative Fund: 0.90% Money Market Fund: 1.25% Secure Fund: 0.90%

3. Other Charges Charges Explanation Explanation Policy Administration Charge Rs. 60 per month increasing @ 5% compounded annually. On each Monthiversary, an appropriate number of units, including a part thereof, in the Unit Account will be cancelled at their Unit Price. Mortality Charge for providing risk cover to the Life Insured shall be recovered. Where the sum at risk will be a sum total of the following benefits: Policy Sum Assured (plus PAB rider, if opted) + sum at risk on account of Family Income Benefit. Mortality/ Morbidity Charge On each Monthiversary, an appropriate number of units, including a part thereof, in the Unit Account will be cancelled at their Unit Price to meet mortality for the life insurance and other benefits. Please refer to the below mortality rates per Rs. 1000 sum at risk for some sample ages: Age 25 30 35 40 Mortality charge (Rs.) 1.57 1.61 1.82 2.49 Morbidity charge will be levied only if you have opted for the Dread Disease Rider. On each Monthiversary, an appropriate number of units, including a part thereof, in the Unit Account will be cancelled at their Unit Price to meet Morbidity Charges. Switching Charge Redirection Charge Maximum 12 switches allowed in a Policy Year and these would be free of charge. The minimum switch amount will be Rs. 5,000/-, which can be altered by the company from time to time. Maximum 12 redirections allowed in a Policy Year and these would be free of charge Maximum of 12 Partial Withdrawals allowed in a Policy Year and these would be free of charge. Partial Withdrawal Charge The minimum amount for which request for partial withdrawal of units shall be entertained is Rs. 5,000. Maximum Partial Withdrawal is 20% of Fund Value subject to the Fund Value immediately after Partial Withdrawal being not less than 1.5 times ATP. Note: No Partial Withdrawals are allowed till the Policy completes 3 Policy Years. Surrender Charge If Policy is surrendered in Policy Year 1 2 3 4 5 6th Year onwards Surrender Charge (Calculated as a % of first Annual Target Premium) NA 40% 30% 20% 10% NIL Note: The Surrender Value is payable only after the 3rd Policy Anniversary. Please Note: Service Tax and Education Cess is payable at the applicable rates on all charges except Surrender Charge. All Charges are guaranteed and shall not increase during the term of the Policy subject to the limits specified and subject to clearance from the IRDA. Morbidity charges are subject to change after clearance from the IRDA. You may surrender this Policy at any time after the completion of first Policy Anniversary, provided an amount equal to two ATPs has been paid.

Premium Payment Discontinuation Discontinuation of Premiums after paying the Premiums of at least three consecutive years: a) If after payment of all due premiums of first three policy years, any further premium is not paid to the Company within the grace period (30 days), the policy and all applicable covers will continue till the end of the revival period (3 years) and all charges including Policy Administration Charge, Fund Management Charge, Mortality Charge (if any) and Rider Charge (if any) will continue to be levied during this period. However, at any time during the revival period, if the surrender value of the policy is equal to one initial annual target premium, then the policy will terminate and the applicable surrender value will be paid to the policyholder. b) If before the end of the revival period, the policyholder wants to pay premium, then all due premiums should be paid till date to revive the policy. Alternatively, the policyholder has the option to opt for Cover Continuance Option under which the policy will continue with all the due benefits. Once the Cover Continuance Option is chosen by the policyholder, the company will not accept any further premiums or Top-ups and the policyholder shall not be entitled for the Guaranteed Loyalty Additions. c) If the policyholder fails to pay all due premiums and also fails to choose the Cover Continuance Option before the end of the revival period, then the policy will terminate and the applicable surrender value will be paid to the policyholder. d) However, at any time during the policy lifetime if the surrender value of the policy is equal to one initial annual target premium, then the policy will terminate and the applicable surrender value will be paid to the policyholder. Discontinuance of Premiums within three years of inception of the Policy: a) Should a premium falling due before the third policy anniversary not be paid, then on expiry of the grace period (30 days) the Unit Account will be closed (this means that the units will be disinvested and the monetary value of such units will be held) and any life cover or rider cover will cease. b) The policyholder can revive the policy within the revival period (3 years) from the date of first unpaid premium by paying all due premiums till date. On revival, the Unit Account will be re-opened (this means once the customer revives the policy, the monetary value of the units closed together with the amount of premium paid at the revival date less any Premium Allocation Charge and according to the ratio in which the premium should be allocated in various Funds, as specified by the policyholder, will be used to purchase Units at the Unit Price as at the date of revival) and any life cover or rider cover will recommence. c) An amount equal to the Policy Administration Charges falling due between the date of lapse and the date of revival will be levied at the date of revival by cancelling Units in the Unit Account at the then applicable Unit Price. In case the policy is not revived during the revival period, the policy will terminate and the cash surrender value as at the date of lapse, if any, shall be paid at the end of the third policy anniversary or at the end of the revival period, whichever is later. Grace Period and Revival of Lapsed Policy 1. A grace period of 30 days from the due date of payment of Annual Target Premium shall be allowed for payment of unpaid Annual Target Premium. The Policy can be revived within 36 months of its date of lapse by the Company in its sole discretion, if the Policyholder: i) gives us a written request to revive the Policy; and ii) produces evidence of insurability acceptable to us as per our underwriting practices, and iii) pay us all overdue Annual Target Premiums and unpaid charges. 2. During the grace period, we will accept the lapsed notice amount without interest. The insurance coverage continues during the grace period and in case of death of Life Insured during the grace period, we will pay the Death Benefit.

A word on the risks of investment in the units of this Policy Max New York Life Fortune Builder is a Unit linked life insurance plan. Unit linked insurance products are different from the traditional insurance products and are subject to investment risk. Max New York Life Fortune Builder is only the name of the Policy and does not in any way indicate the quality of the Policy, its future prospects or returns. The names of the Funds as shown in the schedule do not in any manner indicate the quality of the Funds, their future prospects or returns. We do not guarantee the Fund value or Unit Price. Depending on market risk and the performance of the Funds to which the Units are referenced, the Fund value may fall, rise or remain unchanged and the Policyholder is responsible for his / her decisions. There can be no assurance that the objectives of any of the Funds will be achieved and none is given by us. The past performance of any Fund of the Company is not necessarily indicative of the future performance of any of the Funds. The Funds do not offer a guaranteed or assured return. All premiums/benefits/charges payable under the Policy are subject to applicable laws and taxes including service tax and any cess applicable, as they exist from time to time. By definition, this is a non-participating Policy.

TERMS AND CONDITIONS We urge you to please read this brochure and benefit illustration and understand the plan details, how it works and the inherent risks involved before your decide to purchase. Unit Prices: Unit price of a fund will be determined by dividing the net asset value of the fund by the outstanding number of units on the fund valuation date. The value of a Fund will be determined and based on the market value/fair value at which assets referenced to such Fund can be respectively purchased or sold, plus the respective cost of purchasing or minus the cost of selling the assets, plus the value of current assets, plus any accrued income net of fund management charges, less the value of current liabilities, less provisions, if any. The value of Funds may increase, decrease or remain unchanged accordingly. The unit pricing shall be computed based on whether the Company is purchasing (appropriation price) or selling (expropriation price) the assets in order to meet the day to day transactions of unit allocations and unit redemptions, i.e. the Company shall be required to sell/purchase the assets if unit redemptions/allocations exceed unit allocations/redemptions at the valuation date. The Appropriation price shall apply in a situation when the Company is required to purchase the assets to allocate the units at the valuation date. This shall be the amount of money that the Company would put into the fund in respect of each unit it allocates in order to preserve the interests of the existing policyholders. The Expropriation price shall apply in a situation when the Company is required to sell assets to redeem the units at the valuation date. This shall be the amount of money that the Company will take out of the fund in respect of each unit it cancels in order to preserve the interests of the continuing policyholders. In respect of premiums received upto 3:00 p.m. under a local cheque or a demand draft payable at par or by way of cash, the closing NAV of the day on which the premium is received shall be applicable. In respect of premiums received after 3:00 p.m, the closing NAV of the next business day shall be applicable. In respect of premiums received under outstation cheques/demand drafts, the closing NAV of the day on which the cheques/demand draft is realised shall be applicable. All requests for switch, redirection or partial withdrawal received upto 3:00 p.m. will be processed at the closing NAV of the day on which the request is received. All such requests received after 3:00 p.m. will be processed at the closing NAV of the next business day. Exclusions: If the life insured dies by suicide, whether sane or insane, within one year from the date of acceptance of risk or the date of any revival of this policy, all risks under the policy shall come to an end simultaneously. In such an event, we will pay only the fund value, if any, of the policy. Free Look period: The policyholder has a period of 15 days from the date of receipt of the policy to review the terms and conditions of the policy and where the policyholder disagrees to any of those terms or conditions, he has the option to return the policy stating the reasons for his objections, upon which he shall be entitled to refund of an amount which shall be equal to the non-allocated premium plus charges levied by cancellation of units plus fund value as at the date of cancellation of policy less expenses incurred on medical examination and on account of stamp duty. Prohibition of Rebates: Section 41 of the insurance act, 1938 states: No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take or renew or continue an insurance in respect of any kind of risk relating to lives or property, in India, any rebate of whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of insurer. Full Disclosure & Incontestability: This policy has been issued on the representation of the policyholder that he has made full disclosures of all relevant facts and circumstances. Any concealment, non-disclosure, misrepresentation or fraud by the policyholder shall render the policy liable for cancellation and shall be grounds for the Company to avoid all or any liability. If it deems fit, the Company may also forfeit the Premium(s) received. Section 45 of the insurance Act, 1938 states that under the provisions of Section 45 of the insurance Act, 1938: No policy of life insurance effected after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that a statement made in the proposal for insurance or in any report of a medical officer or referee or friend of the insured or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policyholder and that the policyholder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose. Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life insured was incorrectly stated in the proposal.

Insurance is the subject matter of the solicitation Max New York Life Insurance Company Limited is a joint venture of Max India Limited & New York Life International LLC. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Max New York Life Insurance Company Limited is only the name of the Insurance Company and Fortune Builder is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your insurance agent or the intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. Insurance is a subject matter of solicitation. Max New York Life Insurance Co. Ltd., 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurgaon (Haryana) - 122002. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. Max New York Life Insurance Company Limited has been selected as a Superbrand for the years 2009-2010 by Superbrands India Private Limited. MNYL/Brochure/EURO/FB/01