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Overview
The Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers dual life insurance coverage benefits until the policy tenure and guaranteed income for a certain duration. You can also avail of riders including Term Plus Rider, Accidental Death and Disability Rider, COVID-19 One-Year Rider, and Critical Illness and Disability Rider to enhance overall coverage. You can avail of a sum assured ranging from Rs 54,000 with no upper limit. This plan has 15 plan variants, and you can choose the one that best suits your needs.
The Axis Max Monthly Income Advantage Plan offers a range of benefits including:
- Guaranteed monthly income
- Waiver of future premiums
- Flexible policy tenure
- Reduced paid-up value
Key Features
The Axis Max Monthly Income Advantage Plan offers the following key features:
- Guaranteed monthly income
- Waiver of future premiums
- Flexible policy tenure
- Reduced paid-up value
- Rider protection
Benefits
Premium Calculation Details
Premium calculation details for the Axis Max Monthly Income Advantage Plan are not provided in this section.
How to Buy the Axis Max Monthly Income Advantage Plan on PolicyX.com
- Visit the official website of PolicyX.com.
- Hover over the 'Life Insurance' tab.
- Choose the Investment plan you want to buy.
- Fill out the form at the top of the page with the necessary details.
- Select your income and city. Click on 'Proceed'.
- Update your education and occupation details.
- Choose your preferred plan and click on 'Buy this plan'.
- Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
How to Buy the Axis Max Monthly Income Advantage Plan from Axis Max Life Insurance
- Visit the official website of Axis Max Life Insurance.
- Hover over 'Life Insurance Plans' from the top menu.
- Click on the Axis Max Monthly Income Advantage Plan.
- Click on 'Buy Now' and you will be redirected to a new page.
- Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
- Once discussed, you can make the premium payment and get the policy documents.
Exclusions
- Suicide within 12 months of the policy purchase is not covered.
- Consumption of any intoxicants.
- Death due to any aviation accident.
- Death due to any adventurous sports.
Documents Required to Buy Axis Max Monthly Income Advantage Plan
Here is the list of documents required to buy the Axis Max Monthly Income Advantage Plan:
Photo ID Proof
Any one of the following: Passport, Aadhaar card, PAN card, Driving license.
Age Proof
Any one of the following: Passport, Aadhaar card, PAN card, Driving license.
Address Proof
Any one of the following: Utility bill, passport, voter ID, ration card.
Medical Records
Medical records of the policyholder if requested.
Income Proof
Any one of the following: Bank statement, last three months' salary slips (if salaried).
Plan at a Glance
| What's Good Here | What's Missing |
|---|---|
| Guaranteed Monthly Income | Guaranteed Additions |
| Waiver of Future Premiums | No High Sum Assured Rebate |
| Flexible Policy Tenure | Premium Offset |
| Rider Protection | No Auto Cover Continuance |
In a Nutshell
The Axis Max Monthly Income Advantage Plan can be an ideal choice if you are looking for a plan that protects your family financially even in your absence, along with providing regular monthly incomes if you survive the policy tenure. This plan offers longer coverage in exchange for limited premium payments. If you are still unsure whether this plan is right for you, please contact us at PolicyX.com. One of our insurance professionals will reach out to you and help you choose the plan that best suits your requirements.
