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Save More, Live Better with Axis Max Life Savings Advantage Plan
Whether aiming for a new car or your daughter's dream wedding, savings alone won't do it; you need to grow your money to reach your future goals. That's why Axis Max Life launched an Axis Max Life Savings Advantage Plan. It helps you grow your savings to build wealth and achieve your future goals while providing life coverage against unfortunate death.
Apart from the lump sum death or maturity benefit payout, this plan offers you 5.5% of Guaranteed Additions at the end of each policy year for the first 5 policy years to boost your sum assured amount.
Even the life insurance plan offers flexibility to select payout options, such as lump sum or monthly income. On the unfortunate death of an insured person during the policy, a sum of the guaranteed death benefit, guaranteed additions (if any), and Terminal Bonus (if any) shall be payable to the nominee.
Axis Max Life Savings Advantage Plan offers you a range of benefits including:

Minimum Age - 91 days Maximum Age - 65 years
Maximum Maturity Age - 80 years
Minimum term - 10 years Maximum term - 30 years
5,12 years
Annual, half-yearly, quarterly & monthly
No limit
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You can buy the Axis Max Life Savings Advantage Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Given below are some exclusions of the Axis Max Monthly Income Advantage Plan-
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.
Axis Max Life Savings Advantage Plan is a guaranteed savings and protection plan that helps you build a corpse to achieve your future goals. It offers guaranteed returns, maturity benefits, annual bonuses or life cover.
Under this plan, you can convert the lump sum Maturity Benefit / Death Benefit into regular income for 10 years based on your requirements.
Axis Max Life Savings Advantage Plan offers annual or terminal bonuses at the end of each year.
In terms of the number of policies settled during 2023-24, Axis Max Life Insurance has the highest claim settlement ratio of 99.65%.
The plan offers three inbuilt optional riders, including term plus rider, accidental death & dismemberment rider, or waiver of premium plus rider.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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February 5, 2023
Asia/Kolkata
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