Axis Max Life Saving Advantage plan
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
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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, 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:

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

Eligibility Criteria for Axis Max Life Saving Advantage plan

Your Occupation

Entry age

Minimum Age - 91 days Maximum Age - 65 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 80 years

Your Gender

Policy tenure

Minimum term - 10 years Maximum term - 30 years

Maternity Benefit Rider

Premium payment term

5,12 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

No limit

Axis Max Life Investment Plans

Axis Max Life Smart Wealth Income Plan is a combination of insurance and savings that protects your loved ones financially in your absence and guarant...

Unique Features

  • Guaranteed maturity benefits
  • Guaranteed additions
  • Joint life option

Axis Max Life Smart Wealth (Pros)

Axis Max Life Smart Wealth
  • Maturity returns
  • Death benefit
  • Guaranteed additions

Axis Max Life Smart Wealth (Cons)

Axis Max Life Smart Wealth
  • Suicidal benefit not covered
  • Air accident not covered

Axis Max Life Smart Wealth (Other Benefits)

Axis Max Life Smart Wealth
  • Whole-life income with a joint life option
  • Rider protection
  • Surrender option
  • Reduced paid-up

Axis Max Life Smart Wealth (Eligibility Criteria)

Axis Max Life Smart Wealth
  • Minimum entry age- 91 days
  • Maximum entry age- 59 years
  • Sum assured- No Limit
  • Maximum policy term- 12 years

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in re...

Unique Features

  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus

Axis Max Whole Life Super Investment Plan (Pros)

Axis Max Whole Life Super Investment Plan
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus

Axis Max Whole Life Super Investment Plan (Cons)

Axis Max Whole Life Super Investment Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Axis Max Whole Life Super Investment Plan (Other Benefits)

Axis Max Whole Life Super Investment Plan
  • Death benefits
  • Maturity benefits
  • Tax benefits

Axis Max Whole Life Super Investment Plan (Eligibility Criteria)

Axis Max Whole Life Super Investment Plan
  • Minimum entry age- 18 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 50000
  • Maximum sum assured- No limit
  • Maximum policy term- 100 years

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...

Unique Features

  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus

Axis Max Life Saving Advantage plan (Pros)

Axis Max Life Saving Advantage plan
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus

Axis Max Life Saving Advantage plan (Cons)

Axis Max Life Saving Advantage plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Axis Max Life Saving Advantage plan (Other Benefits)

Axis Max Life Saving Advantage plan
  • Flexible policy tenure
  • Cash bonuses
  • Tax benefits

Axis Max Life Saving Advantage plan (Eligibility Criteria)

Axis Max Life Saving Advantage plan
  • Minimum entry age- 91 days
  • Maximum entry age- 65 years
  • Minimum sum assured- 125% of Single Premium
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers you dual life Insurance coverage benefits until policy tenure and guarantee...

Unique Features

  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums

Axis Max Life Monthly Income Advantage Plan (Pros)

Axis Max Life Monthly Income Advantage Plan
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums

Axis Max Life Monthly Income Advantage Plan (Cons)

Axis Max Life Monthly Income Advantage Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Axis Max Life Monthly Income Advantage Plan (Other Benefits)

Axis Max Life Monthly Income Advantage Plan
  • Flexible policy tenure
  • Reduced paid-up value
  • Tax benefits

Axis Max Life Monthly Income Advantage Plan (Eligibility Criteria)

Axis Max Life Monthly Income Advantage Plan
  • Minimum entry age- 18 years
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 54000
  • Maximum sum assured- No limit
  • Maximum policy term- 45 years

Axis Max Life Assured Wealth is a non-linked, comprehensive life insurance savings plan that offers the dual benefits of investment and insurance. It ...

Unique Features

  • Guaranteed return on maturity
  • Flexible premium paying term
  • Enhanced protection through rider

Axis Max Life Assured Wealth Plan (Pros)

Axis Max Life Assured Wealth Plan
  • Guaranteed return on maturity
  • Flexible premium paying term
  • Enhanced protection through rider

Axis Max Life Assured Wealth Plan (Cons)

Axis Max Life Assured Wealth Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Axis Max Life Assured Wealth Plan (Other Benefits)

Axis Max Life Assured Wealth Plan
  • Tax Benefits
  • Death Benefits
  • Maturity Benefits

Axis Max Life Assured Wealth Plan (Eligibility Criteria)

Axis Max Life Assured Wealth Plan
  • Minimum entry age- 91 days
  • Maximum entry age- 65 years
  • Minimum sum assured- Rs 161225
  • Maximum sum assured- No limit
  • Maximum policy term- 20 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Buying from their branch office

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.

Your Occupation

Exclusions of the Axis Max Life Savings Advantage 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.

FAQs: Axis Max Saving Advantage Plan

1. What is the Axis Max Life Savings Advantage Plan?

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.

2. Does Axis Max Life Savings Advantage Plan offer an income payout option?

Under this plan, you can convert the lump sum Maturity Benefit / Death Benefit into regular income for 10 years based on your requirements.

3. What types of bonuses are there in the Axis Max Life Savings Advantage Plan?

Axis Max Life Savings Advantage Plan offers annual or terminal bonuses at the end of each year.

4. What is the claim settlement ratio of Axis Max Life Insurance?

In terms of the number of policies settled during 2023-24, Axis Max Life Insurance has the highest claim settlement ratio of 99.65%.

5. What rider can I avail of with my Axis Max Life Savings Advantage Plan?

The plan offers three inbuilt optional riders, including term plus rider, accidental death & dismemberment rider, or waiver of premium plus rider.

Life Insurance Companies

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Sahil Singh Kathait

Written By: Sahil Singh Kathait

A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.

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