Retirement Planning Blogs

#retirement-planning

Senior Citizen Savings Scheme (SCSS) is a Government of India(GoI) -sponsored retirement savings scheme that is available to individuals aged 60 years or older. This scheme offers a low risk investment cum income option to retired individuals to their financial security during 2nd innings of life. The Government introduced the SCSS in 2004. The assured returns and low risk have played a key role in making it popular among senior citizens who tend to be conservative investors.

This article will discuss some of the key features and benefits of the Senior Citizen Savings Scheme and how to invest in it.

#retirement-planning

An annuity plan is a financial tool for long-term retirement planning. It provides you with a regular income after retirement to meet your daily expenses, so you do not have to depend on anybody. However, to ensure you receive adequate retirement income from your annuity, you must understand the future value of an annuity.

#retirement-planning

Retirement does cause all your expenses stop, but your regular income from salary or business will stop. As a result you will be dependent on retirement benefits, savings, pension income, etc. to sustain your post retirement. So, it might be a good idea to plan for alternate sources of income that might be capable of augmenting your post-retirement finances. Let’s take a closer look at 5 unconventional ways to earn during your retirement.

#retirement-planning

Preparation for retirement offers greater confidence in your financial readiness while helping you address many practical factors of retirement. A retirement checklist brings your savings, investments, insurance, debt, healthcare, and expected income into one place. It can also help you plan specific instances like things to do in the first few years, as well as when you need to submit your pension or annuity papers to your insurer.

#retirement-planning

An annuity works by converting retirement savings into a regular stream of income. This regular income can help cover regular expenses after salary or business income stops, but the income, payout period and benefits depend on the annuity option selected. Before buying an annuity, individuals should assess their retirement income needs, compare different annuity options, applicable charges and more to make an informed decision.

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Page Last updated on 15th June 2026Website Last updated on 24th December 2025

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BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to public that:

• IRDAI or its officials do not involve in activities like selling insurance policies,
announcing bonus, or investments of premiums.
• Public receiving such phone calls are requested to lodge a police complaint.

IRDAI - Registration No. 104. ARN/Web/13122024 Category: Life. Validity: Valid.
Corporate Identity Number (CIN): U74899HR2000PLC143012.

Corporate Office: Axis Max Life Insurance Ltd. 11th Floor, DLF Square, Building, Jacaranda Marg, DLF Phase 2, Sector 25, Gurugram, Shahpur, Haryana 122002

Registered Office: Axis Max Life Insurance Limited. Plot no. 90-C, Sector-18, Urban Estate, Gurugram, Haryana – 122 015, India. Tel No.: (0124) 421909

For any query regarding this website, please reach out to:

Name: Lakshey Bahl|Designation: Website Manager|

Email ID:

service.helpdesk@axismaxlife.com

DISCLAIMERS

Axis Max Life Insurance Limited (earlier known as Max Life Insurance Company Limited) is a Joint Venture between Max Financial Services Limited and Axis Bank Limited.

Corporate Office: Axis Max Life Insurance Ltd. 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram (Haryana) - 122002.

Operation Center: Axis Max Life Insurance Ltd, Plot no. 90-C, Sector-18, Urban Estate, Gurugram, Haryana – 122 015.

Customer Helpline: 1860 120 5577 (9:00 A.M to 6:00 P.M Monday to Saturday) * Call charges apply.

Online Sales Helpline - 0124 648 8900 (09:00 AM to 09:00 PM Monday to Saturday).

Fax Number: 0124-4159397.

Email ID: service.helpdesk@axismaxlife.com

Website: https://www.axismaxlife.com

Axis Max Life Insurance is integrated with licensed NBFC FinVu (Cookiejar Technologies Pvt. Ltd.) and NADL (NeSL Asset Data Limited) for sharing policy details with regulated Financial Information Users within the Account Aggregator ecosystem after obtaining the Policy holder's consent. Read more about Account Aggregator framework here

^*Life insurance coverage is available in this product. For more details on risk factors, Terms and Conditions please read the prospectus carefully before concluding a sale. You may be entitled to certain applicable tax benefits on your premiums and policy benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. Tax benefits are subject to changes in tax laws.

Insurance is the subject matter of solicitation. For more details on the risk factors, Terms and Conditions, please read the sales and rider prospectus carefully before concluding a sale. Tax benefits are eligible for tax exemption on fulfilling conditions mentioned under Section 10(10D) of income tax act 1961. Tax exemptions are as per our understanding of law and as per prevailing provisions of income tax at 1961. Policy holders are advised to consult tax expert for better clarification /interpretation. Please note that all the tax benefits are subject to tax laws at the time of payment of premium or receipt of policy benefits by you. Tax benefits are subject to changes in tax laws. The monthly Income Benefit and Terminal Benefit may be taxable subject to extra premium being loaded at underwriting stage.

Celeb disclaimer (if images being used):

The Brand Ambassadors as depicted herein, have endorsed only the Axis Max Life Insurance Products and are not in any manner endorsing Axis Bank Limited and / or any other Bank Partner of Axis Max Life Insurance and do not have any kind of association or relationship with Axis Bank Limited and / or any other Bank Partner of Axis Max Life Insurance

Disclaimers for Market Linked Plans & Saving plans:

THE UNIT LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF FIFTH YEAR.

Unit Linked Insurance Products (ULIPs) are different from the traditional insurance products and are subject to the risk factors. The premium paid in the Unit Linked Life Insurance Policies is subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Axis Max Life Insurance is only the name of the insurance company and Axis Max Life Online Savings Plan (UIN: 104L098V06) is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these funds, their future prospects or returns.

^#4Axis Max Life Online Savings Plan. A unit-linked non-participating individual life insurance plan. | Axis Max Life Insurance Limited is only the name of the insurance company and Axis Max Life Insurance Online Savings Plan (UIN: 104L098V06) is only the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.

^*1The aggregate annualized premium should not be more than 5 lakhs (one or more policies put together) for non-linked non-par savings insurance plan in any given year of policy term to be eligible for Section 10 (10D) exemption.

^*3All claims that qualify for InstaClaim will be paid within 3 hrs from the date of submission of all mandatory documents else Axis Max Life will pay interest at prevailing Bank Rate as on beginning of Financial Year in which claim has been received for every day of delay beyond one working day. Interest shall be at the bank rate that is prevalent at the beginning of the financial year in which death claim has been received. Mandatory Documents: Original policy document; Original/attested copy of death certificate issued by local municipal authority; Death claim application form (Form A); NEFT mandate form attested by bank authorities along with a cancelled cheque of bank account passbook along with nominee's photo identity proof; Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/Viscera Report (in case of accident death).

^*#Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your Insurer carrying on life insurance business. The assumed rates of return (4% p.a. and 8% p.a.) shown in the illustrative example are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your Policy depends on a number of factors including future investment performance. The guaranteed and non-guaranteed benefits are applicable only if all due premiums are paid. The Maturity Benefit shown in the illustrative example are inclusive/exclusive of taxes.

^*!#1 Selling Plan among plans offered online by Axis Max Life Insurance. Source: Company sales data based on number of policies sold through our website from Jan'26 to Jul'26.

^{^^}On completion of policy term

The savings indicated is the maximum premium difference as compared with offline plan & depends on the variant purchased.

Claims for policies completed 3 continuous years. All mandatory documents should be submitted before 3:00pm on a working day. Claim amount on all eligible policies4 is less than Rs. 1 Crore. Claim does not warrant any field verification. Mandatory Documents:

> Original policy document

> Original/attested copy of death certificate issued by local municipal authority

> Death claim application form (Form A)

> NEFT mandate form attested by bank authorities along with a cancelled cheque or bank account passbook along with nominee’s photo identity proof

> Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

¹The 5% employee discount will be refunded to you once your policy is issued. Submit your documents for getting your policy issued and get 5% employee discount

²Total premium will be charged at the time of the policy issuance (subject to underwriting’s decision).

³15% discount is applicable only on the first year premium for salaried employees with a corporate, purchasing Axis Max Life Smart Term Plan Plus (UIN: 104N132V01). During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case. 15% discount (applied on standard male premium rates) is applicable for lifetime for females.

⁴InstaClaim TM is available for all versions of (UIN: 104N125V10). Mandatory Documents:

Original policy document
Original/attested copy of death certificate issued by local municipal authority
Death claim application form (Form A)
NEFT mandate form attested by bank authorities along with a cancelled cheque or bank account passbook along with nominee’s photo identity proof
Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

⁵Criteria applicable only for “Term plans” for Graduate, Indian resident with declared income >= 10 lacs with CIBIL score >= 650 (salaried) and >= 700 (self-employed) with no disclosed medical condition

⁶Applicable for Titanium variant of Axis Max Life Smart Fixed- return Digital plan (premium payment of 10 years and policy term of 30 years) and a healthy female of 18 years paying Rs 30,000/- per month (exclusive of all applicable taxes) with 6.80% return. Life Insurance is available with this product.

⁷Available with Axis Max Life Smart Wealth Plan (UIN: 104N116V16)

⁸Available with Axis Max Life Smart Fixed-return Digital Plan (UIN: 104N123V07). The guaranteed benefits are available with selected life insurance plans & are applicable if all due premiums are paid.

⁹This is applicable for a 24-Year Old Healthy Male, Non-Smoker, 25 Years Policy Term, 25 Year Premium Payment Term for Axis Max Life Smart Secure Plus Plan (UIN: 104N118V13).

¹⁰This is applicable for a 25-Year Old Healthy Male, Non-Smoker, 40 Years Policy Term, 40 Year Premium Payment Term for Axis Max Life Saral Jeevan Bima (UIN: 104N117V02).

¹¹Lifetime discount is applicable only for salaried employees and for Existing AMLI Customers, purchasing Axis Max Life Smart Term Plan Plus (UIN: 104N132V01) . During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case. This discount is applicable throughout the premium payment term of the policy and its percentage varies basis the Premium payment term opted by the customer at inception. Please Note that: there will be an option to choose between the First Year Discount (FYD) or Lifetime (LT) discount at inception of the policy.

^PThe lifetime discount of 5% in Axis Max Life Smart Total Elite Protection Plan (UIN: 104N125V10) is available for entire premium payment term for sales through exclusive web link. The savings figure mentioned above has been calculated using the difference between discounted and undiscounted total premiums paid by a 45 year old male paying premium for 40 years and policy term of 40 years for a life cover of 1Cr.

^##Tax conditions :

^##Save 46,800 on taxes if the insurance premium amount is Rs.1.5 lakh per annum and you are a Regular Individual, fall under 30% income tax slab having taxable income less than Rs. 50 lakhs and Opt for Old tax regime ~# Save 54,600 on taxes if the insurance premium amount is Rs.1.5 lakh per annum for life cover and 25,000 for critical illness cover and you are a Regular Individual, fall under 30% income tax slab having taxable income less than Rs. 50 lakhs and Opt for Old tax regime.

CI Rider disclaimers:

AXIS MAX LIFE CRITICAL ILLNESS AND DISABILITY RIDER (UIN: 104B033V03) available as a rider on payment of additional premium.

>Extended cover of up to 85 years is available with gold and platinum variant only

^@64 critical illnesses covered in platinum and platinum plus variant on payment

22 critical illnesses covered in gold and gold plus variant

^{*^}Total premiums paid inclusive of any extra premium but exclusive of all applicable taxes, cesses or levies and modal extra. Return of premium option is available on payment of additional premium.

~Conditions for premium break: Available at an additional premium for policies with policy term greater than 30 years and premium payment term greater than 21 years. Option to skip paying premium for 12 months. 2 premium breaks will be available during the premium payment term separated by an interval of at least 10 years

~1 Conditions for Special exit value:

Option to receive all premiums paid back, at a specified point in the term of the policy (free of cost). Available when Return of Premium variant is not chosen. No additional premium to be paid.

~2 Voluntary Top-up Sum assured:

Option to double your insurance cover, basis underwriting, at the time of your need by increasing your sum assured up to an additional 100% of base sum assured, chosen at inception

^{^^*^^}Free look period conditions:

The policyholder has a period of 30 days from the date of receipt of the policy document, to review the terms and conditions of the Policy, where if the policyholder disagrees to any of those terms or conditions, he / she has the option to return the Policy stating the reasons for his objections. The policyholder shall be entitled to a refund of the premiums paid, subject only to deduction of a proportionate risk premium for the period of cover and the expenses incurred by the company on medical examination of the lives insured and stamp duty charges.

^{^}Individual Death Claim Paid Ratio as per Annual Audited Financials for FY 25-26, Claims Paid Ratio rounded off to the nearest single decimal figure.

^*2 The "3 Click Claim Process" describes the number of primary action buttons (CTAs) required to initiate and submit an eligible claim through the digital journey. Actual claim processing may require additional verification, document submission, customer interactions, or other steps as necessary. Claim settlement is subject to applicable policy terms and conditions and is not guaranteed solely by completion of the 3-click journey.

^#3Tax benefits as per prevailing tax laws, subject to change

Terms and conditions for availing 5% employee discount:

^<Due to system constraints, employee is requested to select 5 Lakh and above income which can be changed to actual amount on the information page.

Past performance of the investment funds do not indicate the future performance of the same. Investors in the Scheme are not being offered any guaranteed / assured returns. The premiums & funds are subject to certain charges related to the fund or to the premium paid.

The premium shall be adjusted on the due date even if it has been received in advance.

For Total Installment Premium - Total Installment Premium is the Premium payable as per premium paying frequency chosen, it excludes applicable taxes, cesses or levies, if any; and includes loadings for modal premiums, Underwriting Extra Premium and Rider Premiums if any.

For Return of Premium - The Return of Premium Option is available on payment of Additional Premium. Premium does not include amount paid for riders and is excluding taxes, cesses and levies. Upon Policyholder's selection of Return of Premium variant this product shall be a Non-Linked Non-Participating Individual Life Insurance Savings Plan.

For Riders - ^#Applicable Rider available on the payment of Additional Premium is Axis Max Life Critical Illness and Disability Rider | Non-Linked Non-Participating Individual Pure Risk Health Insurance Rider | UIN: 104B033V03. Critical Illness and Disability Rider variant opted is Platinum Plus which covers 64 critical Illnesses. The rider cover will only be paid in scenarios where customer is diagnosed with listed 64 critical illnesses or total and permanent disability. Rider will terminate after major critical illness claim is paid to the policyholder. In case customer requests for cancellation of rider only, the solution as a whole will be cancelled and not just the individual rider.

For Additional Benefits– ^##On Payment of Additional Premium. The accident cover will only be paid in scenarios where death occurs due to accident.

^*~Disclaimers

Axis Max Life Smart Secure Plus Plan. A non-linked non-participating individual pure risk life insurance plan (UIN: 104N118V13). Benefit available with special exit value -Total premium paid inclusive of any extra premium but exclusive of all applicable taxes, cesses or levies & modal extra. The premium calculated as per Standard premium for 30-year-old healthy male, non-smoker, 40 years’ policy term, 40 years’ premium payment term for Axis Max Life Smart Secure Plus Plan.

^##Policy continuance benefit is not available with lifelong wealth variant. ^**The accrued income will be accumulated on an annual basis at the prevailing reverse repo rate (publish on RBI’s website).

^#With “Save the date”, you can choose to take your annual income to any special date in a year.

^***Available with early wealth variant. Income benefit will be paid as per selected plan terms.

^~Accidental death benefit is available in call variants except for Single premium variant. Life insurance coverage is available in this product.

^#~Term Insurance plan bought online directly from Axis Max Life Insurance has no commissions involved.

^~1Axis Max Life Smart Secure Plus Plan, A non-linked non-participating Individual Pure Risk Life Insurance Plan (UIN: 104N118V13). Standard Premium for 30 year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term for Axis Max Life Smart Secure Plus Plan | ~1 Conditions for special exit value: Option to receive all premiums paid back, at a specified point in the term of the policy (free of cost). Available when Return of premium variant is not chosen. No additional premium to be paid. Option to receive all premiums back. Flexibility of exiting the plan early. Special Exit Value cover applicable till age 68 & above (of your age). T&C Apply.

^@>Axis Max Life Critical Illness and Disability Rider (UIN: 104B033V03) is available with Axis Max Life Smart Term Plan Plus (UIN: 104N132V01) on payment of additional premium. It covers 64 critical illnesses under Platinum & Platinum Plus variant. Standard premium for 30-year old healthy male, non-smoker, 30 years policy term, 30 year premium payment term for Regular Cover Variant with a life cover of 1 Crore under Axis Max Life Smart Term Plan Plus along with Critical Illness (Platinum Variant) Sum assured of 10 lakhs for a policy term of 30 years.

^#Available on Payment of Additional Premium. The accident cover will only be paid in scenarios where death occurs due to accident.

^{^~}Disclaimer: 5 year return (CAGR – Compound Annualised Growth Rate) from Axis Max Life High Growth Fund (ULIF01311/02/08LIFEHIGHGR104) as on 30/06/2025

^{^~}The assumed rates of return (4% p.a. and 8% p.a.) shown in the illustrative example are not guaranteed and they are not the upper or lower limits of what you might get back. The value of your policy depends on a number of factors including future investment performance. The amount shown is for a 30-year-old healthy male, with 10 years premium payment term, and 35 years policy term with Axis Max Life Online Saving Plan (Unit Linked Non Participating Individual Life Insurance Plan | Life Insurance is available in this product).

^*++Axis Max Life's Nifty Alpha 50 Fund tracks the NSE's Nifty Alpha 50 Index, subject to tracking error. The above values have been calculated by projecting historical returns of the Nifty Alpha 50 index, after adjusting for all expenses, except the tracking error, in Axis Max Life online savings plan (variant 1) for a 35-year-old male investing 10k per month for 10 years and maturity after 20 years. The calculations have been done using historical returns of the Nifty Alpha 50 index and may not be indicative of the future performance of Axis Max Life's Nifty Alpha 50 Fund. The above values have been calculated basis 10 year returns of 26.4% (30th Apr'24) of the Nifty Alpha 50 Index.

^*+Nifty Mid-cap 150 Momentum 50 Index was launched in Aug’22. These are returns of benchmark indices and are not indicative of return on Axis Max Life Insurance’s Midcap Momentum Index fund. 10 year return of NIFTY Midcap 150 Momentum 50 Index as on 27/05/2024. Axis Max Life Midcap Momentum Index Fund (SFIN: ULIF02802/01/24MIDMOMENTM104) is passively managed Index Fund that mirrors NIFTY Midcap 150 Momentum 50 Index.

^*&10 year return of Nifty Smallcap 250 Quality 50 Index as on 31/08/2026. The past returns are extrapolation of index fund returns up to past 10 years using same formula (provided by NSE). The returns are not indicative of the future performance of the fund. Axis Max Life Nifty Smallcap Quality Index Fund is passively managed Index Fund that mirrors Nifty Smallcap 250 Quality 50 Index. The objective of the fund is to invest in companies with similar weights as in the index and generate returns as closely as possible, subject to tracking error.

^**@Axis Max Life's Forever Young Pension Plan (UIN: 104L075V11) is a Unit Linked Pension Plan. Axis Max Life Insurance is only the name of the insurance company and Axis Max Life Forever Young Pension Plan (UIN: 104L075V11) is only the name of the unit linked pension product and does not in any way indicate the quality of the contract, its future prospects or returns. The premium paid in the Unit Linked Policies is subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.

^++*A tax-free commutation of up to 60% of the vesting benefit can be availed. Tax benefits are subject to condition under Sections 80CCC, 10(10A), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services tax and Cesses, if any will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for more details.

^{^*}All claims that qualify for InstaClaim will be paid within 3 hrs from the date of submission of all mandatory documents else Axis Max Life will pay interest at prevailing Bank Rate as on beginning of Financial Year in which claim has been received for every day of delay beyond one working day. Interest shall be at the bank rate that is prevalent at the beginning of the financial year in which death claim has been received. Mandatory Documents: Original policy document; Original/attested copy of death certificate issued by local municipal authority; Death claim application form (Form A); NEFT mandate form attested by bank authorities along with a cancelled cheque of bank account passbook along with nominee's photo identity proof; Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/Viscera Report (in case of accident death).

^#*Axis Max Life Insurance’s Sustainable Wealth 50 Index Fund (SFIN: ULIF03223/12/24SUSTWEALTH104), which is a passively managed Index Fund that mirrors Axis Max Life Sustainable Yield Index, subject to tracking error. The fund value calculation is done by projecting historical returns of Axis Max Life Sustainable Yield Index, after adjusting for all expenses (except tracking error) in Axis Max Life Flexi Wealth Advantage Plan (UIN: 104L121V05) for a 30-year-old male investing 5k/10k per month for 20/10 years. The above values have been calculated assuming 25.2% p.a. gross investment returns as in Nov'24, which is the 10-year return of Axis Max Life Sustainable Yield Index. (back tested).

^@3Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V10)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

⁷Disclaimer: Rs. 1,00,29,587 after 14 years at policy maturity on monthly investment of Rs. 16,600 for 12 years for 30-year-old male with Axis Max Life Smart Wealth Plan – Long Term Variant. A non-linked non-participating individual life insurance savings plan. The guaranteed benefits are applicable only if all due premiums are paid. Life Insurance is available in this product.

^@6Disclaimer: Standard premium for 3 Cr. Life Cover for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN:104N132V01)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

^@7Disclaimer: Standard premium for 1 Cr. Life Cover for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN:104N132V01)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

^@1*Disclaimer: Standard premium for 1 Cr. Life Cover for 20/35/45-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN:104N132V01)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

^@8Disclaimer: Standard premium for 2 Cr. Life Cover for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN: 104N132V01)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

^@9Disclaimer: Standard premium for 1 Cr. Life Cover for 20-year old healthy Female, non-smoker, 25 years policy term, 25 year premium payment term for Axis Max Life Smart Term Plan Plus (UIN: 104N132V01) The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

^@10Disclaimer: Standard premium for 5 Cr. Life Cover for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN: 104N132V01)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

Disclaimer: ^@++ Axis Max Life’s NIFTY Momentum Quality 50 Fund (SFIN: ULIF03127/10/24MOMQUALITY104) is a passively managed Index Fund that mirrors NIFTY 500 Multicap Momentum Quality 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of NIFTY 500 Multicap Momentum Quality 50 Index, after adjusting for all expenses (except tracking error) in Axis Max Life Online Savings Plan (UIN: 104L098V06) for a 30-year-old male investing 10k per month for 10 years. The above values have been calculated assuming 24.9% p.a. gross investment returns as on 16/10/2024, which is the 10-year return of NSE's NIFTY 500 Multicap Momentum Quality 50 Index (backtested)

Disclaimer: ^**+NIFTY 500 Momentum 50 Index was launched in June'24. The past returns are back tested based on historical returns and formula (provided by NSE). These are returns of benchmark indices as on 31 Aug'26 and are not indicative of returns on Axis Max Life Insurance’s newly launched NIFTY 500 Momentum 50 Fund. Axis Max Life’s NIFTY 500 Momentum 50 Fund (SFIN: ULIF03014/08/24MOMENFIFTY104) is a passively managed Index Fund that mirrors NSE’s NIFTY 500 Momentum 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of NSE’s NIFTY 500 Momentum 50 Index, after adjusting for all expenses (except tracking error) in Axis Max Life Online Savings Plan (UIN: 104L098V06) for a 30-year-old male investing 10k per month for 10 years. The above values have been calculated assuming 16.85% p.a. gross investment returns as on 31 Aug'26, which is the 10-year return of NSE's NIFTY 500 Momentum 50 Index (backtested).

Disclaimer: ^{#^}Axis Max Life Smart Innovation Fund (SFIN: ULIF03301/03/25INNOVATION104), which is an actively managed fund does not have any past performance benchmarks. The above values have been calculated for a 35-year-old male investing 10k per month for 10 years assuming 20.8% p.a. gross investment returns basis 5 years’ performance of existing active fund with Axis Max Life Insurance, as on date 31st Jan'25 after adjusting for all expenses in Axis Max Life’s Capital Guarantee Plan which is combination of Axis Max Life Online Savings Plan (UIN: 104L098V06) and Axis Max Life Smart Wealth Advantage Guarantee Plan (UIN: 104N116V17). | Investors in this plan are not offered guaranteed/ assured returns. | The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year. The premium shall be adjusted on the due date even if it has been received in advance. Applicable taxes, cesses and levies as imposed by the government from time to time will be deducted from the premiums received or from the funds, as applicable.

Disclaimer: ^@$The Nifty500 Multifactor MQVLv 50 Index was launched in Feb’25. The past returns are back tested based on historical returns and formula (provided by NSE). These are returns of benchmark indices and are not indicative of return on Axis Max Life Insurance’s NIFTY 500 Multifactor 50 Index fund. Axis Max Life’s NIFTY 500 Multifactor 50 Index fund (SFIN: ULIF03414/05/25MULTIFACTO104) is a passively managed Index Fund that mirrors NSE’s Nifty500 Multifactor MQVLv 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of NSE’s Nifty500 Multifactor MQVLv 50 Index, after adjusting for all expenses (except tracking error) Axis Max Life’s Online Savings Plan (UIN: 104L098V06) for a 30-year old male investing 5K/10K per month for 10 years. The above return values have been calculated assuming 21% p.a. gross investment returns, which is the returns since inception of NSE's Nifty500 Multifactor MQVLv 50 Index (backtested) as on 24th April 2025. For FWAP, replace Axis Max Life’s Online Savings Plan (UIN: 104L098V06) with Axis max Life’s Flexi Wealth Advantage Plan (UIN: 104L121V05).

Disclaimer: ^%$The Nifty500 Multifactor MQVLv 50 Index was launched in Feb’25. The past returns are back tested based on historical returns and formula (provided by NSE). These are returns of benchmark indices and are not indicative of return on Axis Max Life Insurance’s NIFTY 500 Multifactor 50 Index Pension Fund. Axis Max Life’s NIFTY 500 Multifactor 50 Index Pension Fund (SFIN: ULIF03523/06/25PENSMULFAC104) is a passively managed Index Pension Fund that mirrors NSE’s Nifty500 Multifactor MQVLv 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of NSE’s Nifty500 Multifactor MQVLv 50 Index, after adjusting for all expenses (except tracking error) Axis Max Life’s Forever Young Pension Plan (UIN: 104L075V11) for a 30-year old male investing 10K/20k per month for 10 years. The above return values have been calculated assuming 19.31% p.a. gross investment returns, which is the returns since inception of NSE's Nifty500 Multifactor MQVLv 50 Index (backtested) as on 31st Aug 2026.

Disclaimer: ^{^$}The fund value calculation is done by projecting returns of NSE's Nifty 500 Multifactor MQVLv 50 Index at 21% gross investment returns ( which is the return since inception (backtested) as on June 10, 2025), after adjusting for all expenses (except tracking error) in Axis Max Life’s Forever Young Pension Plan (UIN: 104L075V11). The pension amount has been calculated assuming that the proceeds from the entire corpus available at the time of maturity of Forever Young Pension Plan (UIN: 104L075V11) has been used to purchase Smart Guaranteed Pension Plan (UIN: 104N122V26) Single Life Immediate Annuity for life (with death benefit) option.

Disclaimer: ^{%^}BSE 500 Enhanced Value 50 Index was launched in May'25. The past returns are back tested based on historical returns and formula (provided by BSE). These are returns of benchmark indices and are not indicative of return on Axis Max Life Insurance’s BSE 500 Value 50 fund. Axis Max Life’s BSE 500 Value 50 Fund (SFIN: ULIF03623/07/25BSEVALUEIN104) is a passively managed Index Fund that mirrors BSE 500 Enhanced Value 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of BSE 500 Enhanced Value 50 Index, after adjusting for all expenses (except tracking error) in Axis Max Life’s Flexi Wealth Advantage Plan (UIN: 104L121V05) for a 30 year old male investing 10K per month for 10 years. The above values have been calculated assuming 22.4% p.a. gross investment returns, which is the 7-year returns of BSE 500 Value 50 Index as on 16th July 2025.

Disclaimer: ^{$^}The returns shown above are based on the past performance of Axis Max Life’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104). These are past returns and are not indicative of return on Axis Max Life Insurance’s High Growth Pension Fund. Axis Max Life’s High Growth Pension Fund (SFIN: ULIF03722/09/25PENSHIGHGR104) is an actively managed pension fund, with an objective to invest in mid cap equities, where predominant investments are equities of companies with high growth potential in the long term. The fund value calculation is done by projecting the past returns of AMLI’s High Growth Fund after adjusting for all expenses in Axis Max Life’s Forever Young Pension Plan (UIN: 104L075V11) for a 30 year old male investing 5K/10K/20K/30K per month for 10 years. The above value(s) have been calculated assuming 21.4% p.a. gross investment returns, which is the past 7-years returns of Axis Max Life’s High Growth Fund.

Disclaimer: ^$@The returns shown above are based on the past performance of Axis Max Life Insurance’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104). These are past returns and are not indicative of return of Axis Max LIfe's India Consumption Opportunities Fund (SFIN: ULIF03807/10/25INDIACONSU104). AMLI's India Consumption Opportunities Fund is an actively managed fund, with an objective to achieve long-term capital appreciation by investing in equity instruments of companies operating in the consumption sector and its related or allied industries. The fund value calculation is done by projecting the past returns of AMLI’s High Growth Fund after adjusting for all expenses in Axis Max Life’s Flexi Wealth Advantage Plan (UIN: 104L121V05) for a 30 year old male investing 5K/10K/15K/30K per month for 10 years. The above values have been calculated assuming 22.7% p.a. gross investment returns, which is the past 7-years returns of AMLI’s High Growth Fund.

Disclaimer: ^#$BSE 500 Dividend Leaders 50 Index was launched in Mar'25. The past returns are back tested based on historical returns and formula (provided by BSE). These are returns of benchmark index and are not indicative of return of Axis Max Life Insurance’s BSE 500 Dividend Leaders 50 Index fund. Axis Max Life’s BSE 500 Dividend Leaders 50 Index Fund (SFIN:ULIF03907/11/25BSEDIVLEAD104 ) is a passively managed Index Fund that mirrors BSE 500 Dividend Leaders 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of BSE 500 Dividend Leaders 50 Index, after adjusting for all expenses (except tracking error) in Axis Max Life’s Flexi Wealth Advantage Plan (UIN: 104L121V05) for a 30 year old male investing INR 5K/10K per month for 10 years. The above values have been calculated assuming 22.3% p.a. gross investment returns. The index fund is expected to generate similar returns as of the benchmark returns, however due to expenses, portfolio deviations (because of timing of investments/flows) and regulatory restrictions (sector limits)returns of the AMLI fund and benchmark may differ.

The maturity amount shown above is for a 30-year old healthy male who invests Rs. 5K/10K per month for 10 years and remains invested for 20 years. The total premium to be paid (excl. GST) in 10 years will be Rs. 6 Lakhs/12 lakhs. The guaranteed benefits are available under Axis Max Life Smart Wealth Advantage Guarantee Plan (UIN: 104N124V17) & are applicable if all the premiums are paid.

Capital Guarantee solution is a combination of benefits of two individual and separate products named Axis Max Life Online Savings Plan, A Unit Linked Non Participating Individual Life Insurance Plan (UIN: 104L098V06) and Axis Max Life Smart Wealth Advantage Guarantee Plan, (A Non Linked Non-Participating Individual Life Insurance Savings Plan, UIN: 104N124V17). These products are also available for sale individually without the combination offered/suggested. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer to the detailed sales brochure of respective individual products mentioned herein before concluding the sale.

^{^1a}Capital Guarantee: The maturity amount shown above is for a 30-year old healthy male who invests Rs. 10K/20K per month for 10 years and remains invested for 20 years. The total premium to be paid in 10 years will be Rs. 12 Lakhs/24 lakhs. The guaranteed benefits are available under Axis Max Life Smart Wealth Advantage Guarantee Plan (UIN: 104N124V17) & are applicable if all the premiums are paid.

Capital Guarantee solution is a combination of benefits of two individual and separate products named Axis Max Life Online Savings Plan Plus, A Unit Linked Non Participating Individual Life Insurance Plan (UIN: 104L131V03) and Axis Max Life Smart Wealth Advantage Guarantee Plan, (A Non Linked Non-Participating Individual Life Insurance Savings Plan, UIN: 104N124V17). These products are also available for sale individually without the combination offered/suggested. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer to the detailed sales brochure of respective individual products mentioned herein before concluding the sale.

^{^1a*}OSP+: The returns shown above are based on the past performance of AMLI’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104). These are past returns and are not indicative of return of Flexi Cap Fund (SFIN: ULIF05123/09/26FLXICAPFND104). Flexi Cap Fund (SFIN: ULIF05123/09/26FLXICAPFND104) is an actively managed fund that intends to seek long-term capital appreciation through investments in equity and equity-related securities of companies across varying market capitalisations, with the flexibility to allocate across large-cap, mid-cap and small-cap stocks. The fund value calculation is done by projecting the past returns of AMLI’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104) after adjusting for all expenses in Axis Max Life Online Savings Plan Plus (UIN: 104L131V03) for a 30 year old male investing 10K/20K per month for 10 years. The above values have been calculated assuming 24.3% p.a. gross investment returns, which is the past 7-years returns of AMLI’s High Growth Fund(SFIN: ULIF01311/02/08LIFEHIGHGR104) as on 31st Aug’26.

^{^1b}Pension: The returns shown above are based on the past performance of Axis Max Life High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104) . These are past returns and are not indicative of return on Axis Max Life Flexi Cap Pension Fund. AMLI’s Flexi Cap Pension Fund (ULIF05224/09/26FLXICAPFND104) is an actively managed fund that intends to seek long-term capital appreciation through investments in equity and equity-related securities of companies across varying market capitalisations, with the flexibility to allocate across large-cap, mid-cap and small-cap stocks.

The fund value calculation is done by projecting the past 7 year returns of Axis Max Life High Growth Fund in Axis Max Life’s Forever Young Pension Plan (UIN: 104L075V11) for a 40 year old male investing 10K/20K per month for 10 years and a vesting period of 20 years. The above values have been calculated assuming 24.3% p.a. gross investment returns, which is the past 7-years returns of Axis Max Life High Growth Fund as on 31st Aug’26. The pension amount has been calculated assuming that the proceeds from 40% of the corpus available at the time of maturity of Forever Young Pension Plan (UIN: 104L075V011) has been used to purchase Axis Max Life Smart Guaranteed Pension Plan (UIN: 104N122V26) Single Life Immediate Annuity for life (with death benefit option).

Disclaimer: ^$1The returns shown above are based on the past performance of BSE 500 Dividend Leaders 50 Index. These are past returns and are not indicative of return on Axis Max Life Insurance’s BSE 500 Dividend Leaders 50 Index Fund. AMLI BSE 500 Dividend Leaders 50 Index Fund (SFIN: ULIF04017/11/25PENDIVLEAD104) is a passively managed pension fund, with an objective invest in a basket of stocks drawn from the constituents of BSE 500 Dividend Leaders 50 Index. The fund will invest in companies with similar weights as in the index and generate returns as closely as possible, subject to tracking error and regulatory restrictions (sectoral limits).

The fund value calculation is done by projecting the past returns of BSE 500 Dividend Leaders 50 Index after adjusting for all expenses in Axis Max Life’s Forever Young Pension Plan (UIN: 104L075V11) for a 30 year old male investing 5K/10K per month for 10 years. The above values have been calculated assuming 22.3% p.a. gross investment returns, which is the past 7-years returns of BSE 500 Dividend Leaders 50 Index Fund (Back-tested).

Disclaimer: ^@@The returns shown above are based on the past performance of AMLI’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104). These are past returns and are not indicative of return of AMLI's High Growth Fund II (SFIN: ULIF04117/12/25HIGHGROWTH104). AMLI's High Growth Fund II is a mid-cap fund investing in companies with high growth potential in the long term. At least 80% of the Fund corpus is always invested in equities. However, the remaining is invested in government securities, corporate bonds and money market instruments; hence the risk involved is relatively higher.

The fund value calculation is done by projecting the past returns of AMLI’s High Growth Fund after adjusting for all expenses in Axis Max Life Online Savings Plan Plus (UIN: 104L131V03) for a 30 year old male investing 5K/10K per month for 10 years. The above values have been calculated assuming 23.7% p.a. gross investment returns, which is the past 7-years returns of AMLI’s High Growth Fund.

Disclaimer: ^$2Axis Max Life Growth Super Fund II

Capital Guarantee: The maturity amount shown above is for a 30-year old healthy male who invests Rs. 5K/10K per month for 10 years and remains invested for 20 years. The total premium to be paid in 10 years will be Rs. 6 Lakhs/12 lakhs. The guaranteed benefits are available under Axis Max Life Smart Wealth Advantage Guarantee Plan (UIN: 104N124V17) & are applicable if all the premiums are paid.

Online Savings Plan Plus: The returns shown above are based on the past performance of AMLI’s Growth Super Fund (SFIN: ULIF01108/02/07LIFEGRWSUP104). These are past returns and are not indicative of return of AMLI's Growth Super Fund II(SFIN: ULIF04217/12/25GROWTHSUPR104). AMLI's Growth Super Fund II is primarily an equity oriented fund. At least 80% of the fund corpus is invested in equities at all times. The remaining is invested in debt instruments across Government, corporate and money market papers; hence the risk involved is relatively higher.

The fund value calculation is done by projecting the past returns of AMLI’s Growth Super Fund (SFIN: ULIF01108/02/07LIFEGRWSUP104) after adjusting for all expenses in Axis Max Life Online Savings Plan Plus (UIN: 104L131V03) for a 30 year old male investing 5K/10K per month for 10 years. The above values have been calculated assuming 14.42% p.a. gross investment returns, which is the past 7-years returns of AMLI’s Growth Super Fund.

FWAP Retirement: The monthly income functionality can be availed using the Smart Withdrawal feature available with the Whole Life variant in Axis Max Life’s Flexi Wealth Advantage Plan(UIN: 104L121V05). The monthly income shown above has been computed assuming 21st policy year as the income start year, smart withdrawal percentage of 8% for a 30 year old male investing 5K/10K per month for 10 years with 14.42% p.a. gross investment returns, which is the past 7-years returns of AMLI’s Growth Super Fund (SFIN: ULIF01108/02/07LIFEGRWSUP104). These are past returns and are not indicative of return of AMLI's Growth Super II Fund II(SFIN: ULIF04217/12/25GROWTHSUPR104). AMLI's Growth Super Fund II is primarily an equity oriented fund. At least 80% of the fund corpus is invested in equities at all times. The remaining is invested in debt instruments across Government, corporate and money market papers; hence the risk involved is relatively higher.

Disclaimer: ^$3Axis Max Life Diversified Equity Fund II

Capital Guarantee: The maturity amount shown above is for a 30-year old healthy male who invests Rs. 5K/10K per month for 10 years and remains invested for 20 years. The total premium to be paid in 10 years will be Rs. 6 Lakhs/12 lakhs. The guaranteed benefits are available under Axis Max Life Smart Wealth Advantage Guarantee Plan (UIN:104N124V17) & are applicable if all the premiums are paid.

Online Savings Plan Plus: The returns shown above are based on the past performance of Diversified Equity Fund (SFIN: ULIF02201/01/20LIFEDIVEQF104). These are past returns and are not indicative of return of AMLI's Diversified Equity Fund II (SFIN:ULIF04317/12/25DIVIEQUITY104). AMLI's Diversified Equity Fund II is primarily an equity oriented fund. At least 80% of the fund corpus is invested in equities at all times. The remaining is invested in debt instruments across Government, corporate and money market papers.

The fund value calculation is done by projecting the past returns of Diversified Equity Fund after adjusting for all expenses in Axis Max Life Online Savings Plan Plus (UIN: 104L131V03) for a 30 year old male investing 5K/10K per month for 10 years. The above values have been calculated assuming 21.37% p.a. gross investment returns, which is the returns since inception of Diversified Equity Fund as on 27-Feb-2026.

^$4Disclaimer: BSE Dividend Stability Index was launched on 16th Sep 2005. The past returns are back tested based on historical returns and formula (provided by BSE). These are returns of benchmark indices and are not indicative of return on Axis Max Life Insurance’s BSE Dividend Stability Index Fund. Axis Max Life’s BSE Dividend Stability Index Fund (SFIN: ULIF04607/05/26BSEDIVSTAB104) is a passively managed Index Fund that mirrors BSE Dividend Stability Index, subject to tracking error. The fund value calculation is done by projecting historical returns of BSE Dividend Stability Index, after adjusting for all expenses (except tracking error) in Axis Max Life’s Online Savings Plan Plus (UIN: 104L131V03) for a 30 year old Male investing 15K/20K per month for 10 years. The above values have been calculated assuming 23% p.a. gross investment returns, which are the past 5 year returns of BSE Dividend Stability Index as on 21st Apr’26.

^$5Disclaimer: The returns shown above are total returns of iShares S&P 100 ETF. These are past 10 years’ returns and are not indicative of returns of AMLI's World Equity Fund (SFIN: ULGC001002026WORLDEQUITMAX). AMLI's World Equity Fund provides diversified equity. It is designed for investors seeking global diversification. At least 80% of the fund corpus is invested in equities/ETFs at all times. The remaining is invested in cash, money market instruments and other ETFs. The fund value calculation is done by projecting the past 10 years’ returns of iShares S&P 100 ETF after adjusting for all expenses in Axis Max Life Smart Global Investment Fostering Tomorrow Plan (UIN: MAXL001V002) for a 35 year old male investing $1K per month for 10 years. The above values have been calculated assuming 16.81% p.a. gross investment returns, which is past 10 years total returns of iShares S&P 100 ETF as on 02-Jun-2026.

^$6Disclaimer: The returns shown above are based on the past performance of Axis Max Life High Growth Fund. These are past returns and are not indicative of return on Axis Max Life Smart Innovation Pension Fund. AMLI Smart Innovation Pension Fund (SFIN: ULIF04705/06/26PENSMINNOV104) is a fund with a focus on investing in innovative companies and business benefitting from the evolving innovation eco-system with the objective to generate long term capital appreciation. At least 70% of the Fund corpus is invested in a basket of equity stocks over the entire market capitalization range at all times. However, the remaining is invested in government securities, corporate bonds and money market instruments; hence the risk involved is relatively higher.

The fund value calculation is done by projecting the past 10 year returns of Axis Max Life High Growth Fund in Axis Max Life’s Forever Young Pension Plan (UIN: 104L075V11) for a 30 year old male investing 15K per month for 10 years and a vesting period of 25 years. The above values have been calculated assuming 15.86% p.a. gross investment returns, which is the past 10-years returns of Axis Max Life High Growth Fund as on 31st Aug’26. The pension amount has been calculated assuming that the proceeds from the entire corpus/40% of the corpus available at the time of maturity of Forever Young Pension Plan (UIN: 104L075V011) has been used to purchase Axis Max Life Smart Guaranteed Pension Plan (UIN: 104N122V26) Single Life Immediate Annuity for life (with death benefit option).

Disclaimer: ^$$Axis Max Life Insurance is only the name of the insurance company and Axis Max Life Smart Global Investment Fostering Tomorrow Plan (UIN: MAXL001V002) is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these funds, their future prospects or returns.

The returns shown above are total returns of iShares S&P 100 ETF. These are past 10 years’ returns and are not indicative of returns of AMLI's US Equity Fund (SFIN: ULGC002002026USEQUITYFUMAX). AMLI's US Equity Fund provides exposure to the U.S. stock market. It offers investors core U.S. equity market coverage. At least 80% of the fund corpus is invested in equities/ETFs at all times. The remaining is invested in cash, money market instruments and other ETFs. The fund value calculation is done by projecting the past 10 years’ returns of iShares S&P 100 ETF after adjusting for all expenses in Axis Max Life Smart Global Investment Fostering Tomorrow Plan (UIN: MAXL001V002) for a 35 year old male investing $1K per month for 10 years. The above values have been calculated assuming 16.02% p.a. gross investment returns, which is past 10 years total returns of iShares S&P 100 ETF as on 16-Apr-2026.

Disclaimer: ^{^*}Axis Max Life's Flexi Wealth Advantage Plan (UIN: 104L121V05) is a Unit Linked Pension Plan. Axis Max Life Insurance is only the name of the insurance company and Axis Max Life Flexi Wealth Advantage Plan (UIN: 104L121V05) is only the name of the unit linked pension product and does not in any way indicate the quality of the contract, its future prospects or returns. The premium paid in the Unit Linked Policies is subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.

Please note, while our website has been updated with the changed corporate name and brand identity, our product collaterals will be updated in due course. We regret any inconvenience caused.

Disclaimer: ^{@^}Not taxable in India as per DTAA subject to providing valid TRC, No Permanent establishment certificate and Form 10F. This clause holds true for:

a) Kuwait, Saudi Arabia & UAE: Applicable for both Traditional (Non-ULIPs) & Capital Gains (ULIPs).
b) Oman & Qatar: Applicable for only Capital Gains (ULIPs).

Disclaimer: ^{^8}The award is for product Axis Max Life Smart Term Plan Plus, winner under Life Insurance Term Plan category as per survey of 1800 people by NielsonIQ across categories.

Disclaimer: ^{^9}Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V10) for a sum assured of 1 Cr. The above mentioned premium is the discounted monthly premium to be paid in 1st year. 25% Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

Disclaimer: ^{^10}Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V10) for a life cover of 2 Cr. The above mentioned premium is the discounted monthly premium to be paid in 1st year. 25% Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

Disclaimer: ^*7The maturity amount shown above is for a 30-year old healthy male who invests Rs. 5K/10K per month for 10 years and remains invested for 20 years. The total premium to be paid in 10 years will be Rs. 6 Lakhs/12 lakhs. The guaranteed benefits are available under Axis Max Life Smart Wealth Advantage Guarantee Plan (UIN:104N124V17) & are applicable if all the premiums are paid.

The returns shown above are based on the past performance of AMLI’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104). These are past returns and are not indicative of return of AMLI's Rising India Manufacturing Fund (SFIN: ULIF05007/09/26RISINGINDM104). AMLI’s Rising India Manufacturing Fund (SFIN: ULIF05007/09/26RISINGINDM104) is an actively managed fund that intends to primarily invest in companies operating in the manufacturing sector and its related or allied industries. The fund leverages India’s strategic push toward domestic production, export competitiveness, and the Make in India initiative to capture long-term structural growth.

The fund value calculation is done by projecting the past returns of AMLI’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104) after adjusting for all expenses in Axis Max Life Online Savings Plan Plus (UIN: 104L131V03) for a 30 year old male investing 5K/10K per month for 10 years. The above values have been calculated assuming 29% p.a. gross investment returns, which is the past 6-years returns of AMLI’s High Growth Fund (SFIN: ULIF01311/02/08LIFEHIGHGR104) as on 25 Aug 2026.

Disclaimer: ^*8BSE 500 Enhanced Value 50 Index was launched on 20th June 2005. The past returns are back tested based on historical returns and formula (provided by BSE). These are returns of benchmark indices and are not indicative of return on Axis Max Life Insurance’s BSE 500 Value 50 Index Fund II. Axis Max Life’s BSE 500 Value 50 Index Fund II (SFIN: ULIF04807/07/26BSENHVALUE104) is a passively managed Index Fund that mirrors BSE 500 Enhanced Value 50 Index, subject to tracking error.

The fund value calculation is done by projecting historical returns of BSE 500 Enhanced Value 50 Index, after adjusting for all expenses (except tracking error) in Axis Max Life’s Online Savings Plan Plus (UIN: 104L131V03) for a 30 year old Male investing 10K/15K per month for 10 years. The above values have been calculated assuming 27.42% p.a. gross investment returns, which are the past 5 year returns of BSE 500 Enhanced Value 50 Index as on 29th May 26.

Disclaimer: ^*9The assumed rate of return (8% p.a.) shown in the illustrative example is not guaranteed is not the upper or lower limit of what you might get back. The value of your policy depends on multiple factors including future investment performance. The maturity amount shown is for a 30-year-old healthy male, paying premium of ₹10,000 per month for 30 years premium payment term, and 30 years policy term with Axis Max Life Online Saving Plan Plus (A Unit Linked Non-Participating Individual Life Insurance Plan) | Life Insurance is available in this product.

^{^***}Returns are displayed at the policy level and are based on investments allocated to the available funds. They are calculated using the current applicable NAV and may vary depending on market performance. Past performance should not be construed as indicative of future returns. For complete details, please refer to the applicable Policy Terms and Conditions.

Profit/Loss value is displayed at the policy level and represents the difference between the current fund value and the total premium paid. It is calculated using the current applicable NAV and may increase or decrease based on market performance. The displayed value is indicative in nature and should not be construed as guaranteed. For complete details, please refer to the applicable Policy Terms and Conditions.

Disclaimer: ^&1The returns shown above are total returns of iShares Global Tech ETF. These are past 10 years returns and are not indicative of returns of AMLI's World Equity Fund (SFIN: ULGC006002026GLOBALINNOMAX). AMLI's Global Innovation Leaders Fund provides diversified equity. It is designed for investors seeking global diversification. At least 80% of the fund corpus is invested in equities/ETFs at all times. The remaining is invested in cash, money market instruments and other ETFs. The fund value calculation is done by projecting the past 10 years’ returns of iShares Global Tech ETF after adjusting for all expenses in Axis Max Life Smart Global Investment Fostering Tomorrow Plan (UIN: MAXL001V002) for a 35 year old male investing $XX per month for XX years. The above values have been calculated assuming 25.41% p.a. gross investment returns, which is past 10 years total returns of iShares Global Tech ETF as on 30-Jun-2026.

Disclaimer: ^*6For Sum assured of 75 lakh, 1 crore, 1.5 crore, and 2 crore, the below calculations are based on Axis Max Life Smart Term Plan Plus (A Non-Linked, Non-Participating Individual Pure Risk Life Insurance Plan, UIN: 104N132V01). These are monthly premium amounts assuming Regular Pay and monthly payment mode.

Age of Male Applicant	Premium Amount for Rs. 75 lakh Term Plan		Premium Amount for Rs. 1 crore Term Plan		Premium Amount for Rs. 1.5 crore Term Plan		Premium Amount for Rs. 2 crore Term Plan
Age of Male Applicant	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker
18 Years (PPT: 67 years)	1675/Month Total Premium: 12.75 lakh	930/Month Total Premium: 7.08 lakh	1,674/Month Total Premium: 12.74 lakh	930/Month Total Premium: 7.08 lakh	2,511/Month Total Premium: 19.11 lakh	1,395/Month Total Premium: 10.62 lakh	3,069/Month Total Premium: 23.36 lakh	1,705/Month Total Premium: 12.98 lakh
25 Years (PPT: 60 years)	2,213/Month Total Premium: 15.08 lakh	1,229/Month Total Premium: 8.38 lakh	2,292/Month Total Premium: 15.62 lakh	1,273/Month Total Premium: 8.68 lakh	3,438/Month Total Premium: 23.43 lakh	1,910/Month Total Premium: 13.02 lakh	4,138/Month Total Premium: 28.21 lakh	2,299/Month Total Premium: 15.67 lakh
35 Years (PPT: 50 years)	3,582/Month Total Premium: 20.35 lakh	1,990/Month Total Premium: 11.30 lakh	4,007/Month Total Premium: 22.76 lakh	2,226/Month Total Premium: 12.64 lakh	6,011/Month Total Premium: 34.15 lakh	3,339/Month Total Premium: 18.97 lakh	6,821/Month Total Premium: 38.75 lakh	3,790/Month Total Premium: 21.53 lakh
45 Years (PPT: 40 years)	6,722/Month Total Premium: 30.55 lakh	3,734/Month Total Premium: 16.97 lakh	7,395/Month Total Premium: 33.61 lakh	4,108/Month Total Premium: 18.67 lakh	11,093/Month Total Premium: 50.42 lakh	6,163/Month Total Premium: 28.01 lakh	14,390/Month Total Premium: 65.40 lakh	7,994/Month Total Premium: 36.33 lakh
55 Years (PPT: 30 years)	13,121/Month Total Premium: 44.73 lakh	7,289/Month Total Premium: 24.85 lakh	15,303/Month Total Premium: 52.16 lakh	8,502/Month Total Premium: 28.98 lakh	12,955/Month Total Premium: 78.25 lakh	12,753/Month Total Premium: 43.73 lakh	30,006/Month Total Premium: 102.29 lakh	16,670/Month Total Premium: 56.83 lakh
60 Years (PPT: 25 years)	18,963/Month Total Premium: 53.87 lakh	10,535/Month Total Premium: 29.92 lakh	22,272/Month Total Premium: 63.27 lakh	12,373/Month Total Premium: 35.15 lakh	33,408/Month Total Premium: 94.90 lakh	18,560/Month Total Premium: 52.72 lakh	43,123/Month Total Premium: 122.50 lakh	23,957/Month Total Premium: 68.06 lakh

Age of Female Applicant	Premium Amount for Rs. 75 lakh Term Plan		Premium Amount for Rs. 1 crore Term Plan		Premium Amount for Rs. 1.5 crore Term Plan		Premium Amount for Rs. 2 crore Term Plan
Age of Female Applicant	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker
18 Years (PPT: 67 years)	1,424/Month Total Premium payable: 10.83 lakh	791/Month Total Premium payable: 6.02 lakh	1,423/Month Total Premium payable: 10.83 lakh	790/Month Total Premium payable: 6.01 lakh	2,134/Month Total Premium payable: 16.24 lakh	1,185/Month Total Premium payable: 9.02 lakh	2,608/Month Total Premium payable: 19.85 lakh	1,449/Month Total Premium payable: 11.03 lakh
25 Years (PPT: 60 years)	1,881/Month Total Premium payable: 12.82 lakh	1,045/Month Total Premium payable: 7.12 lakh	1,948/Month Total Premium payable: 13.28 lakh	1,082/Month Total Premium payable: 7.37 lakh	2,922/Month Total Premium payable: 19.92 lakh	1,623/Month Total Premium payable: 11.06 lakh	3,518/Month Total Premium payable: 23.98 lakh	1,954/Month Total Premium payable: 13.32 lakh
35 Years (PPT: 50 years)	3,045/Month Total Premium payable: 17.29 lakh	1,691/Month Total Premium payable: 9.61 lakh	3,406/Month Total Premium payable: 19.35 lakh	1,892/Month Total Premium payable: 10.75 lakh	5,109/Month Total Premium payable: 29.02 lakh	2,838/Month Total Premium payable: 16.12 lakh	5,798/Month Total Premium payable: 32.94 lakh	3,221/Month Total Premium payable: 18.30 lakh
45 Years (PPT: 40 years)	5,714/Month Total Premium payable: 25.97 lakh	3,174/Month Total Premium payable: 14.42 lakh	6,286/Month Total Premium payable: 28.57 lakh	3,492/Month Total Premium payable: 15.87 lakh	9,429/Month Total Premium payable: 42.85 lakh	5,238/Month Total Premium payable: 23.81 lakh	12,232/Month Total Premium payable: 55.59 lakh	6,795/Month Total Premium payable: 30.88 lakh
55 Years (PPT: 30 years)	11,153/Month Total Premium payable: 38.02 lakh	6,196/Month Total Premium payable: 21.12 lakh	13,008/Month Total Premium payable: 44.34 lakh	7,226/Month Total Premium payable: 24.63 lakh	19,511/Month Total Premium payable: 66.51 lakh	10,840/Month Total Premium payable: 36.95 lakh	25,506/Month Total Premium payable: 86.95 lakh	14,170/Month Total Premium payable: 48.30 lakh
60 Years (PPT: 25 years)	16,119/Month Total Premium payable: 45.79 lakh	8,955/Month Total Premium payable: 25.43 lakh	18,931/Month Total Premium payable: 53.78 lakh	10,517/Month Total Premium payable: 29.87 lakh	28,397/Month Total Premium payable: 80.67 lakh	15,776/Month Total Premium payable: 44.81 lakh	36,655/Month Total Premium payable: 104.13 lakh	20,364/Month Total Premium payable: 57.85 lakh

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