Axis Max Life Online Term Plus
- 3D Benefit
- Life Cover Upto Age 85
- 40 Critical Illness Covered
Axis Max Life Online Term Plan Plus is a pure protection plan that can be bought online from the comfort of your home. The plan eliminates the middleman or agent; therefore, the premiums are lower and the terms and conditions are transparent.
Axis Max Life Online Term Plan Plus offers you a range of benefits including:
Minimum Age - 18 years Maximum Age - 60 years
Maximum Maturity Age - 85 years
Minimum term - 10 years Maximum term - 50 years
Base sum assured: Rs 25 lakhs to no limit.
The policy loan is not available under Online Term Plan Plus
Annual, half-yearly, quarterly & monthly
Let's understand how Axis Max Life Online Term Plan Plus works with a simple premium illustration.
Mr. Piyush Verma is looking for a term plan that he can buy online, covers him for critical and terminal illnesses. He also wants rewards for healthy living from his term plan.
His financial advisor advised him to buy the Axis Max Life Online Term Plan Plus from PolicyX.com.
Let's understand how the Axis Max Life Online Term Plan Plus works for him with a premium illustration table.
| Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Sum assured |
| 30 years | Rs 16,692 | 70 years | 25 years | Rs 4,17,300 | Rs 1 crore |
Key Takeaways: In case of Mr. Piyush Verma's demise during the policy tenure, Rs 1 crore will be paid to their nominee.
Here are the benefits associated with the Axis Max Life Online Term Plus
Max Life Term Insurance Plans
You can add the following riders to your Axis Max Life Smart Secure Plus Plan:
It will waive off all future premiums and the benefits of the policy will remain the same in case of disability, dismemberment, or diagnosis of critical illness.
In case the policyholder is diagnosed with any of the 64 critical illnesses mentioned in the brochure then rider benefits are paid to them.
Here is the list of exclusions associated with the plan:
Axis Max Life Term Online Plan Plus is an online plan that offers coverage against 40 critical illnesses and a high sum assured of 100 crores. The policyholder can upgrade the plan coverage at any stage of their life, the insured can pay the premium up to the age of 60 and can enjoy the plan benefits up to the age of 85.
If you need any more information about Axis Max Life Online Term Plan Plus, you can contact the experts at PolicyX.com. Our insurance experts will suggest you a plan that best suits your unique needs.
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Bindiya is a seasoned content writer specializing in keeping readers acquainted with the insurance industry, term insurance developments, and life insurance sector shifts. With an experience of 3 years in insurance, Bindiya ensures that her readers stay well informed with the insurance developments and factually correct information.
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