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Axis Max Life Smart Wealth Plan vs Kotak Invest Maxima

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Axis Max Life Smart Wealth Plan vs Kotak Invest Maxima

Axis Max Life Smart Wealth Plan

The Axis Max Life Smart Wealth Plan is a combination of insurance and savings that protects your loved ones financially in your absence and guarantees survival returns. This plan offers four plan options, allowing you to choose the one that best suits your needs.The Axis Max Life Smart Wealth Plan i...

Kotak Invest Maxima

Kotak Invest Maxima, offered by Kotak Life Insurance, is a life insurance-cum-investment plan designed to provide financial security for your family and grow your wealth over time. This plan offers the flexibility to manage your funds independently or have them managed by financial experts. The Kota...

PLAN DETAILS

Axis Max Life Smart Wealth Plan


Kotak Invest Maxima

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity benefits
  • Guaranteed additions
  • Joint life option
  • Zero Premium Allocation Charges
  • Flexible Premium Pay
  • Partial Withdrawals
Plan Uniqueness
  • Maturity returns
  • Death benefit
  • Guaranteed additions
  • Flexible Premium Pay
  • Survival Benefits
  • Tax Benefits
Plan Maturity age 85 years Maximum maturity age: 75 years
Premium payment term Based on the policy term Same as the policy term
Plan Entry Age Min- 91 days, Max- 65 years Min entry age: 0 years. Max entry age: 65 years.
Sum assured No Limit 5, 10 and 7 times of Annual premium
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Monthly, Half-yearly, and Yearly
Plan Sample Premium Minimum - Rs 943 (Monthly), Maximum - No limit -
Plan Brochure Brochure URL Brochure URL
Policy tenure 6 to 20 years 10,15,20,25 and 30 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

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

The Axis Max Life Smart Wealth Plan is a non-participating, non-linked savings life insurance plan. Let's explore the plan in detail for better clarity and understanding.

The Axis Max Life Smart Wealth Plan offers a range of benefits, including:

  • 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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