Axis Max Life
You Are The Difference
Axis Max Life Insurance is a joint venture between Max Financial Services and Axis Bank. Known for industry-leading 99.8% claim settlement ratio and customer-centric protection and savings products.
2000
Founded
99.80%
Claims Ratio
7
Insurance Plans
4.8★
Customer Rating
Term Insurance Plans
India's highest claim paying term plans with 99.8% claim ratio
Axis Max Life Smart Term Plan Plus
6 variants to match your exact protection need - starts ₹595/month for ₹1 Crore cover
₹595/Month
Premium
Up to ₹3 Crore
Coverage
10-67 Years
Policy Term
₹25 Lakh
Min Sum Assured
Benefits
Key Features
- 6 customizable variants: Regular Cover, Early ROP Plus, Smart Cover, Return of Premium, Whole Life Cover, Income Protection
- Return of all premiums option available
- Critical illness cover for 40+ diseases
- Accidental death benefit rider
- Waiver of premium on total permanent disability
- Terminal illness benefit with accelerated payout
Available Riders
Axis Max Life Smart Secure Plus Plan
Pure protection with terminal illness cover and optional return of premium
₹530/Month
Premium
Up to ₹2 Crore
Coverage
10-60 Years
Policy Term
₹25 Lakh
Min Sum Assured
Benefits
Key Features
- Pure risk life cover with terminal illness benefit
- Return of premium option for policyholders who outlive the term
- Flexible premium payment: monthly, quarterly, half-yearly, annual
- Increasing cover option to match rising liabilities
- Critical illness and accidental disability riders available
- Joint life option for spouse cover
Available Riders
Endowment / Savings Plans
Participating savings plans with guaranteed additions and wealth creation
Axis Max Life Smart Wealth Advantage Growth Par Plan
Participating savings plan with guaranteed additions for long-term wealth creation
₹350/Day
Premium
Guaranteed Additions + Reversionary Bonuses
Coverage
15-30 Years
Policy Term
₹5 Lakh
Min Sum Assured
Benefits
Key Features
- Guaranteed additions every year from policy inception
- Reversionary bonuses declared annually by the company
- Final additional bonus for long-term policyholders
- Wealth creation with life protection cover
- Loan facility available after 3 years
- Paid-up value and reduced paid-up options
Available Riders
Money Back Plans
Regular income during policy term plus maturity benefit with life cover
Axis Max Life Smart Value Income & Benefit Enhancer Plan
Get regular income during policy term plus maturity benefit - dual advantage plan
₹280/Day
Premium
Regular Income + Maturity Benefit
Coverage
12-25 Years
Policy Term
₹2 Lakh
Min Sum Assured
Benefits
Key Features
- Regular income during policy term at defined intervals
- Enhanced maturity benefit for long-term policyholders
- Life cover protection throughout the policy term
- Guaranteed cashback at regular intervals
- Loan facility available against policy
- Bonus participation for enhanced returns
Available Riders
ULIP / Investment Plans
Market-linked returns with multiple fund options and flexible premium payment
Axis Max Life Flexi Wealth Advantage Plan
Flexible wealth creation with multiple fund options and life cover protection
₹300/Day
Premium
Market Linked Returns + Life Cover
Coverage
10-30 Years
Policy Term
Higher of 10x Annualized Premium or Sum Assured
Min Sum Assured
Benefits
Key Features
- Multiple fund options: equity, debt, balanced, and index funds
- Flexible premium allocation across chosen funds
- Unlimited free switches between funds during the policy term
- Top-up facility to invest surplus amounts
- Partial withdrawal after 5-year lock-in period
- Systematic Withdrawal Plan for phased redemptions
Available Riders
Pension / Retirement Plans
Guaranteed pension for life with flexible annuity options
Axis Max Life Smart Guaranteed Pension Plan
Pay once, get guaranteed pension for life - simple retirement solution
₹320/Day
Premium
Guaranteed Pension for Life
Coverage
Whole Life
Policy Term
Based on purchase price
Min Sum Assured
Benefits
Key Features
- Guaranteed lifelong pension from day one
- Single premium payment - no recurring payments
- Immediate annuity payout from next month
- Multiple annuity options: single life, joint life with spouse
- Return of purchase price option for nominee
- No medical examination required up to ₹50 Lakh
Child Plans
Invest in your child's education with guaranteed additions and premium waiver
Axis Max Life Smart Scholars Plan
Guaranteed additions + premium waiver ensure your child's education is never at risk
₹250/Day
Premium
₹15 Lakh + Guaranteed Additions
Coverage
Child's age 25 years
Policy Term
₹2 Lakh
Min Sum Assured
Benefits
Key Features
- Guaranteed additions every year from policy inception
- Premium waiver on parent's death - policy continues free
- Reversionary bonus participation for enhanced corpus
- Maturity booster for policyholders who complete full term
- Flexible payout options: lump sum or staggered payments
- Loan facility available after surrender period
Available Riders
Why Choose Axis Max Life?
High Claim Settlement
Axis Max Life has a claim settlement ratio of 99.80%, ensuring your family gets the benefits when they need it most.
Trusted Brand
With a legacy since 2000, Axis Max Life is one of the most trusted insurance brands in India.
Innovative Products
Axis Max Life offers 7 innovative insurance solutions across 6 categories tailored to your needs.
Need Help Choosing the Right Axis Max Life Plan?
Our AI-powered advisor can help you find the perfect Axis Max Life plan from 7 options based on your financial profile and needs.