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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 return for the limited premium paying term. Additionally, it provides an increasing life coverage feature. Under this, your life coverage will increase in parallel with your age. This plan offers options for premium payment terms between 10, 15, and 20 years with premium payment in annual, semi-annual, quarterly, and monthly modes.
Axis Max Life Whole Life Super Plan offers you a range of benefits including:
Guaranteed whole-life protection
Flexible premium paying terms
Receive bonus from time to time
Minimum Age - 18 years Maximum Age - 60 years
Maximum Maturity Age - 100 years
100 years
10,15,20 years
Annual, half-yearly, quarterly & monthly
No limit
Let's understand how the Axis Max Whole Life Super Plan works with a simple premium illustration.
Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.
His financial advisor advised him to buy the Axis Max Whole Life Super Plan. He visited PolicyX.com
Let's understand how the Axis Max Whole Life Super Plan works for him with a premium illustration table.
Age of policyholder | Annual Premium | Policy tenure | Premium Payment Tenure | Maturity Benefits |
30 years | Rs 1,00,000 | Whole life | 20 years | Rs 22,05,302 |
Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 22,05,302 are paid to the policyholder.
Here are some features of Whole Life Super:
It pays you different bonuses at each policy year(if declared), such as Paid in Cash, Premium Offset, and Paid-Up Additions.
You can customize this plan at your convenience.
It gives you the facility to withdraw your money through paid-up.
If you have paid a minimum of two years of premium then your policy acquires a surrender value. Surrender value is always the higher of guaranteed surrender value and special surrender value.
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There are various benefits to buying the Axis Max Whole Life Super Plan. Let’s understand each of them in detail:
Here is the list of documents required to buy the Axis Max Whole Life Super:
Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the Whole Life Super official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Hover on the ‘Life Insurance’ tab.
Choose the Investment plan you want to buy.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Axis Max Life Insurance.
Hover over 'Life Insurance Plans' from the top of the menu.
Click on the Axis Max Life Whole Life Super.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the Axis Max Life Whole Life Super Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Given below are some exclusions of the Axis Max Life Whole Life Super 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.
What’s Good Here | What’s Missing |
Guaranteed Whole-life Protection | Guaranteed Additions |
Flexible Premium Paying Terms | No High Sum Assured Rebate |
Paid-up Facilities | Premium Offset |
Cash Bonuses | No Auto Cover Continuance |
Axis Max Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in return for the limited premium paying term. To learn more about this plan's features, you can reach out to us at PolicyX.com.
18 years
Yes, Max Life Whole Life Super offers coverage for whole life.
No, a Policy Loan is not available in this plan.
10, 15 and 20 years
There are three types of bonuses available in this plan: Paid in Cash, Premium Offset, and Paid-Up Addition.
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February 5, 2023
Asia/Kolkata
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