Axis Max Life Saving Advantage Plan

Overview

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 may not be enough; you need to grow your money to reach your future goals. That's why Axis Max Life launched the Axis Max Life Savings Advantage Plan. It helps you grow your savings, 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 5.5% Guaranteed Additions at the end of each policy year for the first 5 policy years, to boost your sum assured amount.

The life insurance plan also offers flexibility to select payout options, such as lump sum or monthly income. In the event of the insured person's unfortunate death during the policy term, the nominee will receive a sum comprising the Guaranteed Death Benefit, Guaranteed Additions (if any), and Terminal Bonus (if any).

Key Benefits

• Flexibility to choose premium payment terms
• Guaranteed additions
• Flexible policy tenure
• Cash bonuses

Exclusions

• Suicide within 12 months of the policy purchase is not covered.
• Death due to consumption of any intoxicants.
• Death due to any aviation accident.
• Death due to any adventurous sports.