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Axis Max Life Term Insurance
Explore India’s best-selling Term insurance plans below
A joint venture between Axis Bank and Max Financial Services Limited, it is one of the leading insurance providers offering various insurance instruments to their customers.
The Axis Max Life Premium Return Protection Plan is a simple term insurance plan that offers coverage along with a 'Return of Premium' benefit. The pl...
Unique Features
- Return of Premium Plan
- Flexible-Premium Payment Term
Axis Max Life Premium Return Protection (Pros)
- Terminal Illness Benefit
- Smart Exit Benefit
- Acceleration Death Benefit
Axis Max Life Premium Return Protection (Cons)
- 1-Year Waiting Period for Suicide
- No Policy Loan Facility
- No Coverage for Pre-existing Conditions
Axis Max Life Premium Return Protection (Other Benefits)
- Death Benefit in Instalments
- Return of Premium (RP)
- Waiver of Premium (WOP) & 3 Riders
- Additional Cover for Spouse
Axis Max Life Premium Return Protection (Eligibility Criteria)
- Minimum Entry Age: 18 years
- Maximum Entry Age: 84 years
- Minimum Sum Assured: Adaptable
- Maximum Maturity Age: 85 years
- Premium Payment Term: Regular Pay (RP) / Single Pay (SP) / Limited Pay (LP)
Axis Max Life Smart Total Elite Protection Term Plan is a pure risk protection plan designed to provide flexible and long-term financial security at a...
Unique Features
- Cover continuous benefit
- Terminal illness cover
- Early exit benefit
Axis Max Life Smart Total Elite Protection (Pros)
- Special Exit Value
- Accident Cover
- Terminal Illness Cover
Axis Max Life Smart Total Elite Protection (Cons)
- 1 year WP for suicide
- No policy loan
- No pre-existing illness cover
Axis Max Life Smart Total Elite Protection (Other Benefits)
- Cover continuance benefit
- Insta payment
- Choose policy term
Axis Max Life Smart Total Elite Protection (Eligibility Criteria)
- Entry age - 18 years
- Max entry age - 65 years
- Min sum assured - 1
- Max maturity age - 85 years
- PPT - RP/SP/LP
Axis Max Life Smart Secure Plus Plan is a pure protection plan built to secure your family's financial future. It is a non-linked, non-participating, ...
Unique Features
- 100% return of premium
- Loyalty Discount of 5%
- Increase your Sum Assured
Axis Max Life Smart Secure Plus (Pros)
- Income Protector
- Rider Options
- Premium Return (ROP)
Axis Max Life Smart Secure Plus (Cons)
- Limited Maturity Benefit
- Plan Complexity
- No Loan Benefit
Axis Max Life Smart Secure Plus (Other Benefits)
- Enhance Cover at Milestones
- Accelerated Critical Illness Benefit
- Accident Cover
Axis Max Life Smart Secure Plus (Eligibility Criteria)
- Entry Age - 18 Years
- Max Entry Age - 60 years
- Minimum Sum Assured - Adaptable
- Maximum Maturity Age - NA
- Premium Payment Term - RP/SP/LP
Axis Max Life Insurance Smart Term Plan Plus is a flexible term insurance plan that provides fixed family payout, high life cover, and terminal illnes...
Unique Features
- 7 Plan Options
- Cover Continuance Benefit
- Inbuilt Terminal Illness Cover
Axis Max Life Smart Term Plus (Pros)
- Choice of Plan Variant
- Cover Continuance Benefit
- Special Exit Value
Axis Max Life Smart Term Plus (Cons)
- 1 year WP for suicide
- No policy loan
- No pre-existing illness cover
Axis Max Life Smart Term Plus (Other Benefits)
- Option to Choose Whole Life Cover
- Inbuilt Terminal Illness Cover
- Special Discount for Females
Axis Max Life Smart Term Plus (Eligibility Criteria)
- Entry age - 18 years
- Max entry age - 65 years
- Min sum assured - Rs 2 lakhs
- Max maturity age - 100 years
- PPT - RP/SP/LP
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