Axis Max Life Smart Wealth Plan
vs
Fixed Maturity Plan

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Axis Max Life Smart Wealth Plan vs Fixed Maturity Plan

Axis Max Life Smart Wealth Plan

Axis Max Life Smart Wealth Income Plan is a combination of insurance and savings that protects your loved ones financially in your absence and guarantees survival returns. This plan comes underneath four plan options and you can choose the one that best suits your needs. Axis Max Life Smart Wealth I...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Axis Max Life Smart Wealth Plan


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity benefits
  • Guaranteed additions
  • Joint life option
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Maturity returns
  • Death benefit
  • Guaranteed additions
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age 85 years 70 years
Premium payment term Based on the policy term Single, Limited, Regular
Plan Entry Age Min- 91 days, Max- 59 years 8 years
Sum assured No Limit Rs. 15000- no limit
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Single, Limited, Regular
Plan Sample Premium Minimum - Rs 943 (Monthly), Maximum - No limit -
Plan Brochure Brochure URL Brochure URL
Policy tenure 6 to 20 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.12

Know More About Plans

Overview

Axis Max Life Smart Wealth Income Plan is a combination of insurance and savings that protects your loved ones financially in your absence and guarantees survival returns. This plan comes underneath four plan options and you can choose the one that best suits your needs.

Axis Max Life Smart Wealth Income Plan is a non-participating, non-linked savings life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Axis Max Life Smart Wealth Income Plan offers you a range of benefits including:

why-choose
  • Maturity returns
  • Death benefit
  • Guaranteed additions
  • Whole-life income with a joint life option
  • Rider protection
  • Surrender option
  • Reduced paid-up

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.