PLUS & PREMIUM
AI FOR EVERYONE
Never read a
document again!
Long and confusing documents? No problem. Upload your files and ask Magna to do the rest.
With Magna’s Plus and Premium tools, drag and drop your document and ask Magna any question. Converse as if the document were alive to comprehend what you need in seconds. Gone are the days of wasting time reading long documents.
Magna AI provides ...
Instant Answers
No more digging. Upload, ask, and get answers in seconds.
Ease of Use
Simple drag and drop features. No complicated software. No learning curve.
Time Savings
Magna AI does the reading for you. Spend your time on what really matters
Accurate Information
Get the exact answers without misreading or misunderstanding complex wording.
If the devil is in the details ...
Magna will find it.
Does my policy cover chiropractic visits
You
Does my policy cover chiropractic visits?
Magna AI
After reviewing your health insurance policy document, I can confirm that chiropractic visits are covered under the "Alternative and Complementary Medicine" benefits section. According to Article 3, Section 5, "Alternative Treatments," your policy allows for up to 12 chiropractic visits per year with a co-payment of $20 per visit.
Can I sublease my apartment
You
Can I sublease my apartment?
Magna AI
Based on the terms outlined in your lease agreement, specifically Article IV, Section 8, "Subleasing," you are permitted to sublease your apartment with the landlord's written consent. The agreement stipulates that any potential sublessee must undergo a background check and be approved by the landlord before moving in.
I’ve had my washing machine for over a year and now it’s making a weird noise. Is my warranty still active and if it is, will this be covered
You
I’ve had my washing machine for over a year and now it’s making a weird noise. Is my warranty still active and if it is, will this be covered?
Magna AI
Upon examining your warranty documentation, I see that your washing machine comes with a two-year limited warranty, as specified in Section 2, "Warranty Coverage." The weird noise you are experiencing falls under "Mechanical Malfunctions," which is covered. You should contact the manufacturer’s customer service for a repair or replacement.
What is the penalty for paying off my loan early
You
What is the penalty for paying off my loan early?
Magna AI
Your loan agreement, found in Article VI, Section 4, "Prepayment Penalty," includes a clause specifying a penalty of 2% of the remaining loan balance if you pay off your loan early. This penalty is in place to compensate the lender for lost interest revenue.
What are the severance terms in case of termination
You
What are the severance terms in case of termination?
Magna AI
The severance terms outlined in your employment contract, under Article VII, Section 3, "Severance Pay," state that you are entitled to two weeks of severance pay for each year of service, up to a maximum of 12 weeks. Additionally, your health benefits will continue for three months post-termination.
Do I have rental car coverage while my car is in the shop
You
Do I have rental car coverage while my car is in the shop?
Magna AI
According to your auto insurance policy, specifically Article II, Section 7, "Rental Reimbursement Coverage," you are entitled to rental car coverage for up to $30 per day while your car is being repaired due to a covered claim. This benefit is available for a maximum of 30 days per incident.
How does travel insurance work and is it included with my credit card
You
How does travel insurance work and is it included with my credit card?
Magna AI
Your credit card benefits guide, as detailed in Article IV, Section 3, "Travel Insurance Benefits," indicates that travel insurance is indeed included. This coverage includes trip cancellation, medical emergencies, and lost luggage, up to a limit of $10,000 per trip. Ensure you notify the credit card company of your travel plans to activate this benefit.
How are profits distributed amongst partners, and when
You
How are profits distributed amongst partners, and when?
Magna AI
The partnership agreement, under Article V, Section 2, "Profit Distribution," specifies that profits are distributed quarterly based on each partner’s equity percentage. For instance, if you hold a 30% share in the partnership, you will receive 30% of the profits after expenses and reserve allocations.
Does my insurance cover water damage if my pipe bursts
You
Does my insurance cover water damage if my pipe bursts?
Magna AI
Your homeowners insurance policy, detailed in Article III, Section 6, "Water Damage," covers sudden and accidental water damage resulting from burst pipes. This coverage includes the cost of repairs to both the damaged pipes and any affected property. You should notify your insurance provider immediately to file a claim.
What is the vesting schedule for my 401K Contributions
You
What is the vesting schedule for my 401K Contributions?
Magna AI
The 401K plan document, in Article II, Section 4, "Vesting Schedule," indicates that your employer utilizes a graded vesting schedule. You become 20% vested after two years of service, with an additional 20% vesting each subsequent year, reaching 100% vesting after six years of service.
Is there a cancellation fee for my cell phone contract
You
Is there a cancellation fee for my cell phone contract?
Magna AI
Your cell phone service agreement, as found in Article VI, Section 5, "Early Termination Fees," imposes a cancellation fee of $150 if you terminate your contract before the 24-month term ends. This fee is prorated by $5 for each month you've completed under the contract.
Please explain all the fees in this statement
You
Please explain all the fees in this statement.
Magna AI
After reviewing your statement, here’s a breakdown of the fees:
• Service Charge: $15.00, as detailed in Article III, Section 2, "Monthly Service Fees," for maintaining the account.
• Transaction Fee: $1.50 per transaction beyond the 10 free transactions, as specified in Article IV, Section 3, "Transaction Fees."
• Maintenance Fee: $5.00, outlined in Article II, Section 4, "Account Maintenance," for account upkeep.
• Service Charge: $15.00, as detailed in Article III, Section 2, "Monthly Service Fees," for maintaining the account.
• Transaction Fee: $1.50 per transaction beyond the 10 free transactions, as specified in Article IV, Section 3, "Transaction Fees."
• Maintenance Fee: $5.00, outlined in Article II, Section 4, "Account Maintenance," for account upkeep.
What portion of my financial aid is a grant versus a loan
You
What portion of my financial aid is a grant versus a loan?
Magna AI
Your financial aid award letter specifies that $6,000 of your total aid package is a grant, which does not require repayment, as noted in Section 1, "Grants." The remaining $4,000 is a loan, detailed in Section 2, "Loans," which must be repaid with interest after graduation or upon leaving school.
Why Magna?
Homeowners
Rental Leases
Medical Coverage
Auto Coverage
To quickly understand the terms of their home insurance policies, mortgage agreements, and warranty documents without having to read through long, detailed contracts.
To review lease agreements, understand clauses related to deposits, subletting, and early termination penalties, saving them from legal misunderstandings.
To analyze health insurance policies or hospital billing agreements to confirm what treatments and procedures are covered, as well as out-of-pocket expenses.
To easily check auto insurance policies, loan agreements, and warranty documents for key information like coverage limits, repair costs, and liability terms.
To understand the intracacies of cellphone contracts including cancellation fees, data limits, tricky terms of service clauses or what is actually covered by your cellphone warranty or protection plan.
To review employment contracts, benefit policies, severance packages, and retirement plans, making sure they are aware of critical terms related to compensation, benefits, and termination clauses.
To quickly comprehend vesting schedules and payouts of 401k's, Roth IRA's, certificates of deposit from banks, mutual funds, index funds, and the terms of service for the companies you use to facilitate your investments in these products.
To simplify service level agreements (SLAs), software licensing agreements, and hardware warranties by getting answers to specific contract questions.
Cellphone Contracts
Employee Contracts
Retirement Plans
Product Warranties
Who benefits from plus and premium ... YOU!
Monthly
Annually (Save 20%)
Documents
150 monthly file uploads
1,000 monthly questions
Users
1 user
Upload Limits
50 MB max file size
200 MB storage
Features
OCR Support
Chat with Folders
Support
Email Customer Support
AI Technology
Access to Magna's most advanced and Accurate AI Model
Documents
Unlimited monthly file uploads
Unlimited monthly questions
Users
3 users (addtional users at $14.00 each)
Upload Limits
100 MB max file size
650 MB Storage
Features
OCR Support
Chat with Folders
Support
Email Customer Support
AI Technology
Access to Magna's most advanced and Accurate AI Model