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Premium Return Protection Plan
627-/ per month
VS
Smart Term Plan Plus
586/- per month
Axis Max Life Premium Return Protection Plan is a simple term insurance plan that offers coverage along with a 'Return of Premium' benefit. The plan offers a limited premium-paying term of 11 years making it a smart choice for securing a family's future. The policyholder has the flexibility to choose a protection period (20/25/30 Years).
Axis Max Life Premium Return Protection Plan offers you a range of benefits including:
| PLAN DETAILS |
Premium Return Protection Plan |
Smart Term Plan Plus |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Maturity age | Maximum Maturity Age - 75 years | Maximum maturity age- 100 years |
| Plan Sum Assured | Base sum assured: 50 lakhs to no limit | Base sum assured- Rs 25 lakhs to No limit |
| Plan Entry Age | Minimum Age - 21 years Maximum Age - 55 years | Minimum Age - 18 years Maximum Age - 65 years |
| Plan Payment modes | Annual, half-yearly, quarterly & monthly | Yearly, half-yearly, quarterly, and monthly |
| Plan Policy loan | The policy loan is not available under Max Life Premium Return Protection Plan. | Policy loan is not available |
| Plan Sample Premium | Rs 627-/ per month | Rs 586/- per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 20 years Maximum term - 30 years | Minimum policy term- 5 years, Maximum policy term- 82 years |
| Claim Settlement Ratio (2024-25) | 99.65 | 99.65 |
|
Axis Max Life Term Insurance Plans |
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.
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