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Axis Max Life Smart Wealth Plan vs Lic New Jeevan Anand

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Axis Max Life Smart Wealth Plan vs Lic New Jeevan Anand

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 New Jeevan Anand

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of...

PLAN DETAILS

Axis Max Life Smart Wealth Plan


Lic New Jeevan Anand

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
  • Policy Loan
Plan Maturity age 85 years Maximum Maturity Age - 75 years
Premium payment term Based on the policy term -
Plan Entry Age Min- 91 days, Max- 65 years Minimum Age - 18 years Maximum Age - 50 years
Sum assured No Limit Rs 1 lakh 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 - 15 years Maximum term - 35 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%
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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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