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Axis Max Life Smart Wealth Plan vs Lic Navjeevan

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Axis Max Life Smart Wealth Plan vs Lic Navjeevan

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...

Lic Navjeevan

LIC Navjeevan is a newly launched plan by the Life Insurance Corporation of India. It is a non-linked with profit endowment assurance plan. It is a comprehensive plan that offers financial support to the family in case of unfortunate death of the policyholder at any time before maturity and a lump s...

PLAN DETAILS

Axis Max Life Smart Wealth Plan


Lic Navjeevan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity benefits
  • Guaranteed additions
  • Joint life option
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Maturity returns
  • Death benefit
  • Guaranteed additions
  • Death Benefits
  • Maturity Benefits
  • Loan Facility
Plan Maturity age 85 years Maximum Maturity Age - 80 years
Premium payment term Based on the policy term 10 to 18 years
Plan Entry Age Min- 91 days, Max- 65 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured No Limit Rs 1 lakhs to No limit
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Annual, half-yearly, quarterly & monthly
Plan Sample Premium Minimum - Rs 943 (Monthly), Maximum - No limit -
Plan Brochure Brochure URL Brochure URL
Policy tenure 6 to 20 years Minimum term - 10 years Maximum term - 18 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%

Know More About 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 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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