Axis Max Life Investment Plans vs Bajaj Life Life Insurance 2026 | PolicyX

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Overview

Axis Max Life Investment Plans: Overview

Axis Max Life Money Saving Plans combine a term plan and a guaranteed savings plan. These plans protect your family's financial future even in your absence while helping you save money to meet future financial goals.

You can also enhance your base plan's coverage by choosing rider benefits such as waiver of premiums, accidental death and disability rider, term plus rider, and critical illness rider. Max Life offers various saving plans, allowing you to choose the one that best suits your needs.

Axis Max Life Investment Plans cater to your investment needs by offering various life insurance plans with features like:

  • Guaranteed Returns
  • Bonuses
  • Participation in Profits
  • Policy Loan
COMPANY DETAILS ✎ Edit

Axis Max Life Investment Plans

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Bajaj Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 000 to No limit

Annual Premiums Collected (2024-25)

₹ 160.06 crore
Payout Options

Payout Options

-

Payout Options

Bajaj Life Insurance plans offer flexible payout options, allowing nominees to receive benefits as a
Claim ratio

Payout Options

Minimum Age - 5 year%

Payout Options

99.33%%
Solvency Ratio

Solvency Ratio

100 years

Solvency Ratio

2.6
Pan India Presence

Pan India Presence

Annual, half-yearly,

Pan India Presence

598
Riders Available

Riders Available

Minimum term: 5 years Maximum term: 30 years

Riders Available

Bajaj Life Insurance claim forms are available for download on their official website or can be obtained from any Bajaj Life Insurance branch office.
Policy Term

Policy Term

5 to 30 years

Policy Term

10 to 40 years
Inception year

Inception year

-

Inception year

27,160.06 cr
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

2001
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
IRDAI registration number

IRDAI registration number

-

IRDAI registration number

116
Awards and recognitions

Awards and recognitions

-

Awards and recognitions

India's Greatest Brand 2024/25, 1st Rank in PMFBY Performance Ranking by the Government of India, Best Fraud Risk Management Program Award
Recommended Videos
Bajaj Life Insurance Plans

Bajaj Life Insurance Plans

Riders

Riders You Can Avail with Bajaj Life Insurance Plans

Name of the rider Benefits
Bajaj Waiver of Premium Benefit Rider Future premiums are waived in case of the policyholder's demise due to accidental death, disability, or any of the 11 critical illnesses mentioned.
Bajaj Family Income Benefit Rider 1% of the sum assured is offered for a rider term or 10 years as family income in case of accidental death, disability, or diagnosis of any of the 11 critical illnesses.
Bajaj Accidental Death Benefit Rider In case of the policyholder's demise due to an accident, an additional payout is given to the nominee along with the base sum assured.
Bajaj Accidental Permanent Total/Partial Disability Benefit Rider Additional payout is offered in case of total or partial disability of the policyholder due to an accident.
Bajaj Critical Illness Rider Benefits are offered to the nominee in case of the policyholder's demise due to any of 11 listed critical illnesses.
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Types of Axis Max Life Investment Plans Plans

Every plan currently being sold by Axis Max Life Investment Plans, shown side-by-side so you can shortlist quickly.

Axis Max Whole Life Super Investment Plan

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100... Read More

Unique Features

  • Lifetime Coverage
  • Flexible Premium Payment Option
  • Receive Bonus
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 60 years
View plan

Axis Max Life Saving Advantage Plan

Save More, Live Better with Axis Max Life Savings Advantage Plan. Whether aiming for a new car or your daughter's dream wedding, s... Read More

Unique Features

  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
Sum AssuredMinimum Entry Age: 91 days
Entry AgeMaximum Entry Age: 65 years
View plan

Axis Max Life Monthly Income Advantage Plan

Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers dual life insurance coverage benefits until policy tenu... Read More

Unique Features

  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
Sum AssuredMinimum entry age: 18 years
Entry AgeMaximum entry age: 55 years
View plan

Axis Max Life Assured Wealth Plan

Axis Max Life Assured Wealth is a non-linked, comprehensive life insurance savings plan that offers the dual benefits of investmen... Read More

Unique Features

  • Guaranteed return on maturity
  • Flexible premium paying term
  • Enhanced protection through rider
Sum AssuredMinimum entry age: 91 days
Entry AgeMaximum entry age: 65 years
View plan

Types of Bajaj Life Insurance Plans

Every plan currently being sold by Bajaj Life Insurance, shown side-by-side so you can shortlist quickly.

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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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