Axis Max Life Investment Plans
  • Guaranteed maturity benefits
  • Additions and bonuses
  • Flexible policy tenure
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Customized Investment Plan for you.

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Axis Max Life Investment Plans: Overview

Axis Max Life Money Saving Plans are a combination of a term plan and a guaranteed savings plan. These plans protect your family’s financial future even in your absence while saving money to meet your future financial goals.

You can also choose from rider benefits such as waiver of premiums, accidental death and disability rider, term plus rider, and critical illness rider to enhance the overall coverage of your base plan. Max Life offers various saving plans and you can choose the one that best suits your needs.

Axis Max Life Investment Plans ensures to look after your investment needs by offering different life Insurance plans:

why-choose
  • Guaranteed Returns

  • Bonuses

  • Participation in Profits

  • Policy Loan

Eligibility Criteria for Axis Max Plan

Your Occupation

Entry age

Minimum Age - 5 year

Mukhyamantri Amrutam Yojana

Maturity age

100 years

Your Gender

Policy tenure

Minimum term - 5 years Maximum term - 30 years

Maternity Benefit Rider

Premium payment term

5 to 30 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly,

Maternity Benefit Rider

Sum assured

Rs 50,000 to No limit

Axis Max Plan Types

To cater to the dynamic insurance needs of an individual and their family, Axis Max comes with a range of plans. This allows their customers to choose an ideal plan for themselves. The company ensures to offer a plan for everyone.

  1. Investment Plan

    Plan Entry Age Tenure Minimum Sum Assured Unique Features
    Axis Max Life Smart Wealth Min- 91 days
    Max- 59 years
    6 to 20 years No Limit
    • Maturity returns
    • Death benefit
    • Guaranteed additions
    Whole Life Super Minimum Age - 18 years Maximum Age - 60 years
    100 years Rs 50,000 to No limit
    • Lifetime coverage
    • Flexible premium payment option
    • Receive Bonus
    Saving Advantage Minimum Age - 91 days Maximum Age - 65 years
    Minimum term - 10 years Maximum term - 30 years 125% of the Single Premium
    • 5.5% Guaranteed Additions
    • Three In-built Riders
    • Annual/Terminal Bonus
    Monthly Income Advantage Minimum Age - 18 years Maximum Age - 55 years
    Minimum term - 16 years Maximum term - 45 years Rs 54,000 to No limit
    • Guaranteed monthly income
    • Longer coverage
    • Waiver of premiums
    Assured Wealth Minimum Age - 91 days Maximum Age - 60 years
    Minimum term - 10 years Maximum term - 20 years Rs 1,61,225 to No limit
    • Guaranteed return on maturity
    • Flexible premium paying term
    • Enhanced protection through rider

Overview of Axis Max Plans

Here is a quick overview of the Axis Max Plans listed in the above table.

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.

Here are the key features of the above plan
  • Maturity returns
  • Death benefit
  • Guaranteed additions

 

Benefits of Axis Max Life Investment Plans

There are multiple benefits of Axis Max Life Investment Plans. Read below to understand the plethora of advantages provided by the insurer.

Financial Protection

Axis Max Life Investment Plans offers financial protection to your loved ones in the event of your uncertain demise. You can live your life tension-free as your loved ones are financially secure even after you.

Choice of Income Option

Axis Max Life Investment Plans offer you the option to choose the income option as lump sum or regular income.

Flexible Plans

HDFC Investment Insurance plans offer various coverage options, allowing you to select a plan that meets your needs.

Additional Rider Options

Axis Max Life Investment Plans offer you to choose additional rider options as per your requirements by paying an additional amount.

Tax Benefits

Tax Benefits can be availed for premium payments of Axis Max Life Investment Plans plans under the Income Tax Act 1961.

Riders You Can Avail With Axis Max Life Investment Plans 

Name of the Rider Benefits
Maxlife Waiver of Premium Plus Rider Waiver of future premiums in case of critical illness, disability, or death of the policyholder.
Max Life Accidental Death and Dismemberment Rider Benefits are provided in case of death or disability due to the accident.
Max Life Term Plus Rider Offers additional death benefits along with normal benefits of the base policy.
Max Life Critical Illness and Disability Rider Provides lump sum benefits in case of diagnosis with 22 or 64 of the defined critical illnesses.

Axis Max Life Investment 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 guarant...

Unique Features

  • Guaranteed maturity benefits
  • Guaranteed additions
  • Joint life option

Axis Max Life Smart Wealth (Pros)

Axis Max Life Smart Wealth
  • Maturity returns
  • Death benefit
  • Guaranteed additions

Axis Max Life Smart Wealth (Cons)

Axis Max Life Smart Wealth
  • Suicidal benefit not covered
  • Air accident not covered

Axis Max Life Smart Wealth (Other Benefits)

Axis Max Life Smart Wealth
  • Whole-life income with a joint life option
  • Rider protection
  • Surrender option
  • Reduced paid-up

Axis Max Life Smart Wealth (Eligibility Criteria)

Axis Max Life Smart Wealth
  • Minimum entry age- 91 days
  • Maximum entry age- 59 years
  • Sum assured- No Limit
  • Maximum policy term- 12 years

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in re...

Unique Features

  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus

Whole Life Super (Pros)

Whole Life Super
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus

Whole Life Super (Cons)

Whole Life Super
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Whole Life Super (Other Benefits)

Whole Life Super
  • Death benefits
  • Maturity benefits
  • Tax benefits

Whole Life Super (Eligibility Criteria)

Whole Life Super
  • Minimum entry age- 18 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 50000
  • Maximum sum assured- No limit
  • Maximum policy term- 100 years

Save More, Live Better with Axis Max Life Savings Advantage Plan Whether aiming for a new car or your daughter's dream wedding, savings alone won't do...

Unique Features

  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus

Saving Advantage (Pros)

Saving Advantage
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus

Saving Advantage (Cons)

Saving Advantage
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Saving Advantage (Other Benefits)

Saving Advantage
  • Flexible policy tenure
  • Cash bonuses
  • Tax benefits

Saving Advantage (Eligibility Criteria)

Saving Advantage
  • Minimum entry age- 91 days
  • Maximum entry age- 65 years
  • Minimum sum assured- 125% of Single Premium
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers you dual life Insurance coverage benefits until policy tenure and guarantee...

Unique Features

  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums

Monthly Income Advantage (Pros)

Monthly Income Advantage
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums

Monthly Income Advantage (Cons)

Monthly Income Advantage
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Monthly Income Advantage (Other Benefits)

Monthly Income Advantage
  • Flexible policy tenure
  • Reduced paid-up value
  • Tax benefits

Monthly Income Advantage (Eligibility Criteria)

Monthly Income Advantage
  • Minimum entry age- 18 years
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 54000
  • Maximum sum assured- No limit
  • Maximum policy term- 45 years

Axis Max Life Assured Wealth is a non-linked, comprehensive life insurance savings plan that offers the dual benefits of investment and insurance. It ...

Unique Features

  • Guaranteed return on maturity
  • Flexible premium paying term
  • Enhanced protection through rider

Assured Wealth (Pros)

Assured Wealth
  • Guaranteed return on maturity
  • Flexible premium paying term
  • Enhanced protection through rider

Assured Wealth (Cons)

Assured Wealth
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Assured Wealth (Other Benefits)

Assured Wealth
  • Tax Benefits
  • Death Benefits
  • Maturity Benefits

Assured Wealth (Eligibility Criteria)

Assured Wealth
  • Minimum entry age- 91 days
  • Maximum entry age- 65 years
  • Minimum sum assured- Rs 161225
  • Maximum sum assured- No limit
  • Maximum policy term- 20 years
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Documents Required to Purchase Axis Max Life Investment Plans 

Here is the list of documents required to buy  Axis Max Life Investment Plans :

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy Axis Max Life Investment Plans ?

Axis Max Life Investment Plans allows you to buy life insurance plans via two platforms. You can either buy the plan online from the official website of the company or through third-party intermediaries like agents, brokers, etc. Given below is a detailed explanation of both these types of buying processes.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of Axis Max Life Insurance Company.

  • Step 2

    Click on ‘Investment plans’ on the navigation bar and select the plan you want to buy.

  • Step 3

    Click on the ‘buy now’ button and fill in the required details.

  • Step 4

    Tap on 'next' and select a plan as per your requirements.

  • Step 5

    Select the cover option you want and make your payment. Once the payment is made, you will get a payment confirmation at your registered email address.

Exclusions of Axis Max Life Investment Plans

  • If a policyholder commits suicide during the first 12 months after obtaining the insurance, the nominee receives no death benefit. They receive just the premiums paid up to the date of the incident or the policy's surrender value, whichever is greater.If a policyholder commits suicide during the first 12 months after obtaining the insurance, the nominee receives no death payments. They receive just the premiums paid up to the date of the incident or the policy's surrender value, whichever is greater.

Conclusion

Axis Max Life Insurance Saving Plan provides you with dual benefits of financial protection to loved ones along with guaranteed savings to meet your future financial requirements. Axis Max Life offers various saving plans and you can choose the one that best suits your needs. If you are still confused about which Axis Max Life Saving plan is right for you then you can contact us at PolicyX.com. One of our insurance representatives will understand your requirements and help you choose the right savings plan for you.

Life Insurance

More Queries?

If you have any more queries regarding Axis Max Life Investment Plans , Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!

FAQs: Axis Max Life Investment Plans

1. Can I revive my Max Life Saving Plan?

Yes, you can revive your Max Life Saving Plan within five years of unpaid premium under the revival period.

2. What are the riders available with the Max Life Insurance Saving Plan?

You can choose from several riders- Waiver of premium plus riders, Accidental death and disability rider, term plus rider, and critical illness rider.

3. How to buy Max Life Online Saving Plan?

You can buy the Max Life Online Saving Plan from the official website of Max Life, their nearest branch office, or by visiting PolicyX.com.

4. What is the surrender value in the Max Life Saving Plan?

The surrender value is the value acquired by your policy over the period. This value is either guaranteed surrender value or special surrender value.

5. How to decide which Max Life Saving Plan is suitable for me?

To determine the best saving plan you have to look at your financial requirements, future goals, your dependents, and several other factors.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Himanshu Kumar

Written By: Himanshu Kumar

Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.