Assured Wealth
  • Guaranteed return on maturity
  • Flexible premium paying term
  • Enhanced protection through rider
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Customized Investment Plan for you.

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Assured Wealth

Axis Max Life Assured Wealth is a non-linked, comprehensive life insurance savings plan that offers the dual benefits of investment and insurance. It offers guaranteed returns at the end of the policy term. This plan offers flexible premium payment options, and policy term options range between 5 to 10 years.

Axis Max Life Assured Wealth Plan offers you a range of benefits including:

why-choose
  • Guaranteed lump sum on maturity

  • Flexible premium and policy term options

  • Enhanced protection through riders
  • Life coverage until the whole policy tenure

Eligibility Criteria for Assured Wealth

Your Occupation

Entry age

Minimum Age - 91 days Maximum Age - 60 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 70 years

Your Gender

Policy tenure

Minimum term - 10 years Maximum term - 20 years

Maternity Benefit Rider

Premium payment term

5,10 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

No limit

How Does the Axis Max Life Assured Wealth Plan Work?

Let's understand how the Axis Max Life Assured Wealth Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.

Solution

His financial advisor advised him to buy the Axis Max Life Assured Wealth Plan. He visited PolicyX.com

Let's understand how the Axis Max Life Assured Wealth Plan works for him with a premium illustration table.

Age of policyholder Annual Premium Policy tenure Premium Payment Tenure Maturity Benefits
25 years Rs 1,00,000 10 years 5 years Rs 7,51,953

Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 7,51,953 are paid to the policyholder.

Features of Assured Wealth

Here are some features of Assured Wealth:

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
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of the Axis Max Life Assured Wealth Plan

There are various benefits to buying the Axis Max Life Assured Wealth Plan. Let’s understand each of them in detail:

  • Death BenefitsUpon the unfortunate demise of the life insured during the policy term, the Axis Max Life Assured Wealth plan would provide the death benefit
  • Tax BenefitsAll the premiums paid towards the assured wealth plan can be claimed as tax savings while filing the ITR.
  • Maturity BenefitMaturity benefit is payable at the time of maturity. Maturity benefit refers to a guaranteed sum assured mentioned in the policy document since its inception.
  • Additional Rider BenefitsYou can enhance protection by adding suitable riders to this plan.


Documents Required to Buy Axis Max Life Assured Wealth Plan

Here is the list of documents required to buy theAxis Max Life Assured Wealth Plan:

Photo ID Proof

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

How to Buy Assured Wealth?

You can buy the Assured Wealth official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Hover on the ‘Life Insurance’ tab.

  • Step 3

    Choose the Investment plan you want to buy.

  • 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.

  • Step 2

    Hover over 'Life Insurance Plans' from the top of the menu.

  • Step 3

    Click on the Axis Max Life Assured Wealth Plan.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the Axis Max Life Assured Wealth Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of the Axis Max Life Assured Wealth Plan

Given below are some exclusions of the Axis Max Life Assured Wealth Plan-

  • Suicide within 12 months of the policy purchase is not covered.

  • Consumption of any intoxicants.

  • Death due to any aviation accident.

  • Death due to any adventurous sports.

Plan At a Glance

What’s Good Here What’s Missing
Guaranteed Lump Sum on Maturity Guaranteed Additions
Flexible-Premium Terms No High Sum Assured Rebate
Earn Cash Bonuses Premium Offset
Rider Protection No Auto Cover Continuance

In a nutshell

Axis Max Life Assured Wealth Plan is an investment plan that helps you to grow your savings and build wealth to achieve future goals. If you need expert advice to choose the best savings plan, contact our insurance experts at PolicyX anytime for free advice.

FAQs: Axis Max Life Assured Wealth Plan

1. How much grace period is available in Max Life Assured wealth?

30 days for single PPT and 15 days for limited PPT.

2. Is Max’s life-assured wealth a good plan?

Yes, it is a good plan for the individual seeking guaranteed returns on maturity along with life cover.

3. How much of a free-look period is available in Max’s life-assured wealth?

30 days

4. What is the minimum age to purchase Max Life Assured Wealth Plan?

91 days

5. Can I take a loan against my max life Assured Wealth Plan?

Yes, loan facility is available under max life assured wealth plus.

6. How much death benefit is available in Max’s life-assured wealth Plan?

10 times the annual premium

7. Is the maturity amount tax-free, under the Max Life Assured Wealth Plan?

Yes, the maturity amount is tax-free for up to 1.5 lacs, under section 10(10D).

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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varun saxena

Written By: Varun Saxena

I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.