Axis Max Life Smart Secure Plus Plan
  • 100% return of premium
  • Loyalty Discount of 5%
  • Increase your Sum Assured as per requirements.
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Axis Max Life Smart Secure Plus Plan

Axis Max Life Smart Secure plan is a non-linked, non-participating, individual pure risk premium life insurance plan that is specifically designed to fulfill the growing financial needs of a family and acts as a savior to create a financial net around the family.

With Axis Max Life Smart Secure Plan the insured gets two death benefits, including a cover for terminal illness and an exit value. In addition, this plan also provides optional benefits such as premium breaks, joint life cover, additional payout on accidental death and much more.

Axis Max Life Smart Secure Plus Plan offers you a range of benefits including:

why-choose
  • Death Benefit
  • Tax Benefit
  • Terminal Illness Cover
  • Return of Premium
  • Premium Break
  • Special Exit Value

Eligibility Criteria for Axis Max Life Smart Secure Plus Plan

Your Occupation

Entry age

Minimum Age - 18 years Maximum Age - 65 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 85 years

Your Gender

Policy term

Minimum term - 10 years Maximum term - 67 years

Maternity Benefit Rider

Sum assured

Base sum assured: 20 lakhs to no limit.

Dr YSR Aarogyasri Trust

Policy loan

The policy loan is not available under Axis Max Life Smart Secure Plus Plan.

Maternity Benefit Rider

Payment modes

Annual, half-yearly, quarterly & monthly

How Does Axis Max Life Smart Secure Plus Plan Work?

Let's understand how the Axis Max Life Smart Secure Plus Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for a simple and affordable term plan that provides financial safety to his family in case of his unfortunate demise.

Solution

His financial advisor advised him to buy the Axis Max Life Smart Secure
Plus Plan. He visited PolicyX.com

Let's understand how the Axis Max Life Smart Secure Plus Plan 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 15,495 40 years 40 years Rs 6,19,800 Rs 1 crore

Key Takeaways: In case of Mr. Verma's demise during the policy tenure, Rs 1 crore will be paid to their nominee.

Benefits of Axis Max Life Smart Secure Plus Plan

Here are the benefits associated with the Axis Max Life Smart Secure Plus Plan

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Riders Associated with Axis Max Life Smart Secure Plus Plan

You can add the following riders to your Axis Max Life Smart Secure Plus Plan:

Axis Max Life Waiver of Premium Plus Rider

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.

 

Axis Max Life Critical Illness and Disability Rider

In case the policyholder is diagnosed with any of the critical illnesses mentioned in the brochure then rider benefits are paid to them.

Features of Axis Max Life Smart Secure Plus Plan

Joint life option

The plan offers you Joint life option which helps you cover you and your spouse under a single plan.

Choose your premium payment term

Axis Max Life Smart Secure Plus provides an option to choose from 'Multiple Premium Payment Terms' as per your convenience.

Choice of policy term

Axis Max Life Smart Secure Plus Plan offers you the option to choose the policy tenure.

Terminal illness 

Axis Max Life Smart Secure Plus Plan provides you with a terminal illness benefit to cover terminal illnesses mentioned in the brochure.

Exclusions of Axis Max Life Smart Secure Plus Plan

Here is the list of exclusions associated with the plan:

  • The policy shall be terminated if the policyholder commits suicide within 12 months from the date of policy inception.
  • Death due to consumption of any intoxicants.
  • Death due to any aviation accident.
  • Death due to war, terrorism, invasion, rebellion, military power, riots, or civil commotion.
  • Death while being engaged in any naval, military, or air force operation during times of peace.

Conclusion

Axis Max Life Smart Secure Plan is a comprehensive term plan that offers you a range of benefits including Return of Premium, Premium Break, Special Exit Value, Sum Assured Top-up, etc. If you are still confused about which term plan is best for you then you can contact us at PolicyX.com. One of our insurance representatives will contact you shortly, understand your requirements, and choose a plan that suits your needs.

Explore other Axis Max Life Term Insurance

Axis Max Life Term Insurance offers one of the best term insurance plans to cater to the unique needs of every customer. You can buy their term plans with high life cover at pocket-friendly costs. Get a 5% discount for online purchases and 100% claim assistance with Axis Max Life Term Insurance plans. Below is the list of term plans offered by Axis Max.

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 o...

Unique Features

  • Return of Premium Plan
  • Flexible-Premium Payment Term
  • 1 Crore Max Sum Assured

Axis Max Life Premium Return Protection (Pros)

Axis Max Life Premium Return Protection
  • Terminal Illness Benefit
  • Smart Exit Benefit
  • Acceleration Death Benefit

Axis Max Life Premium Return Protection (Cons)

Axis Max Life Premium Return Protection
  • 1 Year WP for Suicide
  • No Policy Loans
  • No Pre-existing Conditions

Axis Max Life Premium Return Protection (Other Benefits)

Axis Max Life Premium Return Protection
  • Death Benefit in Instalments
  • RP
  • WOP & 3 Riders
  • Additional Cover for Spouse

Axis Max Life Premium Return Protection (Eligibility Criteria)

Axis Max Life Premium Return Protection
  • Entry Age - 18 Years
  • Max Entry Age - 84 years
  • Minimum Sum Assured - Adaptable
  • Maximum Maturity Age - 85 years
  • Premium Payment Term - RP/SP/LP

Have you ever heard of a term plan that gives you a 12-month grace period before paying your next premium? Axis Max Life Smart Total Elite Protection ...

Unique Features

  • Cover continuous benefit
  • Terminal illness cover
  • Early exit benefit

Axis Max Life Smart Total Elite Protection (Pros)

Axis Max Life Smart Total Elite Protection
  • Special Exit Value
  • Accident Cover
  • Terminal Illness Cover

Axis Max Life Smart Total Elite Protection (Cons)

Axis Max Life Smart Total Elite Protection
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

Axis Max Life Smart Total Elite Protection (Other Benefits)

Axis Max Life Smart Total Elite Protection
  • Cover continuance benefit
  • Insta payment
  • Choose policy term

Axis Max Life Smart Total Elite Protection (Eligibility Criteria)

Axis Max Life Smart Total Elite Protection
  • Entry age - 18 years
  • Max entry age - 65 years
  • Min sum assured - 1
  • Max maturity age - 85 years
  • PPT - RP/SP/LP

Axis Max Life Smart Secure plan is a non-linked, non-participating, individual pure risk premium life insurance plan that is specifically designed to ...

Unique Features

  • 100% return of premium
  • Loyalty Discount of 5%
  • Increase your Sum Assured as per requirements.

Axis Max Life Smart Secure Plus Plan (Pros)

Axis Max Life Smart Secure Plus Plan
  • Income Protector
  • Rider Options
  • Premium Return (ROP)

Axis Max Life Smart Secure Plus Plan (Cons)

Axis Max Life Smart Secure Plus Plan
  • Limited Maturity Benefit
  • Plan Complexity
  • No Loan Benefit

Axis Max Life Smart Secure Plus Plan (Other Benefits)

Axis Max Life Smart Secure Plus Plan
  • Enhance Cover at Milestones
  • Accelerated Critical Illness Benefit
  • Accident Cover

Axis Max Life Smart Secure Plus Plan (Eligibility Criteria)

Axis Max Life Smart Secure Plus Plan
  • Entry Age - 18 Years
  • Max Entry Age - 60 years
  • Minimum Sum Assured - Adaptable
  • Maximum Maturity Age - NA
  • Premium Payment Term - RP/SP/LP

Axis Max Life Smart Term Plan Plus by Axis Max Life Insurance is a unique term insurance plan to meet the changing demands of customers at various lif...

Unique Features

  • 7 Plan Options
  • Cover Continuance Benefit
  • Inbuilt Terminal Illness Cover

Axis Max Life Smart Term Plan Plus (Pros)

Axis Max Life Smart Term Plan Plus
  • Choice of Plan Variant
  • Cover Continuance Benefit
  • Special Exit Value

Axis Max Life Smart Term Plan Plus (Cons)

Axis Max Life Smart Term Plan Plus
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

Axis Max Life Smart Term Plan Plus (Other Benefits)

Axis Max Life Smart Term Plan Plus
  • Option to Choose Whole Life Cover
  • Inbuilt Terminal Illness Cover
  • Special Discount for Females

Axis Max Life Smart Term Plan Plus (Eligibility Criteria)

Axis Max Life Smart Term Plan Plus
  • Entry age - 18 years
  • Max entry age - 65 years
  • Min sum assured - Rs 2 lakhs
  • Max maturity age - 100 years
  • PPT - RP/SP/LP

Axis Max Life Smart Secure Plus Plan : FAQs

1. Can a NRI buy a Max Life Smart Term Plan?

Yes, any citizen of India (holding a valid passport issued by Govt. of India) and temporarily residing in the country of his/her present residence. ALso, a citizen of a foreign country who is based in India can purchase Max Smart Term Plan

2. I forgot to pay my premiums for the Smart Term Plan by Max Bupa? WIll my policy get lapsed now?

No, fortunately, Max Life Smart Term Plan comes with a unique feature that offers an option to skip paying premiums without losing the cover during the policy term. This feature can relieve policyholders from paying premiums in the case of financial difficulties.

3. I am already having a Term Insurance plan from another insurer. Can I still buy a Max Life Insurance Smart Term Plan?

Yes, according to the IRDAI, a policyholder can purchase multiple term policies from the same or different insurers. However, do not forget to inform both the insurance companies before buying a second policy.

4. Can I avail loans under Max Smart Term Plan?

No, you cannot avail loans under Max Smart Term Plan

5. Does buying Riders for my Max Life Smart term plan will increase my premiums?

Yes, you can avail of the additional coverage by buying Riders, however, for the same, you need to pay additional premiums.

6. Does Max Smart Term Plan come with a grace period?

Yes, the plan offers a grace period of 30 days, wherein you can pay your pending premiums without getting your policy lapsed.

7. What documents do I need to buy Max Life Insurance Smart Term Plan?

Listed below are the documents you need to submit to buy Max Life Smart Term Plan: Identity proof Address proof Income proof Passport size photographs

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