*T&C Apply. &#The monthly income functionality can be availed using the Smart Withdrawal functionality available in the Whole Life option in Axis Max Life’s Flexi Wealth Advantage Plan. The above monthly income values have been calculated at 8% smart withdrawal percentage. If at any instance during income period, the fund value becomes less than the minimum death benefit, which is defined as higher of sum assured and 105% of total premiums paid, the Smart Withdrawal will cease. It can be re-instated post submission of a request to the company. **#The fund value calculation is done by projecting historical returns of the fund chosen, after adjusting for all expenses (except tracking error) in Axis Max Life’s Flexi Wealth Advantage Plan (UIN: 104L121V04).
Written by
Kriti Arora
Insurance Writer
Kriti is a content marketing and branding expert with more than 13 years of rich experience across BFSI and Telecom industries. She is currently leading Digital Creative Strategy for Axis Max Life Insurance.
Reviewed by
Vaibhav Kumar
Insurance Expert
With over 15 years in life insurance, Vaibhav is a recognized products and digital leader for driving innovation at Axis Max Life. He's played a pivotal role in developing new business lines and implementing successful D2C strategies.
The Axis Max Life Smart Term with Additional Returns ULIP is a Unit Linked Insurance Plan that combines the benefit of protection and market-linked investment returns in a single solution. This ensures that you can stay on track to reach various long-term goals, such as buying a new house and saving for your children’s education without having to compromise on your family’s financial security.
This ULIP offers various customization options, such as choice of 5 investment strategies and 20 different funds, so that you get a tailor-made investment solution that suits your risk appetite as well as your unique investment needs. You also get the option to choose a premium payment term as per your needs, be it limited pay term of 5 to 10, 12, or 15 years for a policy term ranging from 20 to 67 years or the regular pay option.
Additionally, you can customise the life cover benefit by choosing between two plan variants – Life Secure and 3D Life Secure. The life cover payout available in the case of the Life Secure variant will be the higher amount between the sum assured or 105% of total premiums paid till the date of death or the Total Fund Value as on the date of death.
In the case of the 3D Life Secure variant, all future premiums payable for the policy post the death of the life insured will be funded by the company. Additionally, a lump sum payout will be made immediately after death. The initial payout will be followed by regular monthly payouts for 10 years and the total fund value payout being made at the conclusion of the policy term.
High Growth Fund
(SFIN: ULIF01311/02/08LIFEHIGHGR104)
Investment Group: Equity
Risk Profile | Very High
Fund 5 year Returns
34.31%
Benchmark 5 year Returns
34.04%
Nature of Fund
An open-ended equity multi-cap fund focussing on midcaps.
Investment Strategy
This multi-cap fund focuses on mid-cap equities; meaning it invests in companies with long-term high growth potential in terms of capital value assets. At least 70% of the Fund corpus is invested in equities, with the rest invested in government securities, corporate bonds and money market instruments. Hence, the risk involved is relatively higher.
Secure Plus Fund
(SFIN: ULIF01628/04/09LIFESECPLS104
Investment Group: Debt
Risk Profile | Low
Fund 5 year Returns
6.41%
Benchmark 5 year Returns
6.54%
Nature of Fund
An open-ended debt fund allowing investments for preferred duration, with the preference for government securities.
Investment Strategy
Through Systematic Transfer Plan (STP), Lifecycle Based Portfolio and Trigger Based Portfolio strategies, this Fund is designed to help investors protect their investment with a higher proportion of sovereign papers by the Government of India’s implicit guarantee for repayment of principal and interest. This Fund invests in debt instruments such as Government Securities, Corporate Bonds, Money Market Instruments etc. authorised by IRDAI for investment. The Government of India/ State Governments, Corporate and banks primarily issue it. No investment is made in equities.
Growth Super Fund
(SFIN: ULIF01108/02/07LIFEGRWSUP104)
Investment Group: Equity
Risk Profile | Very High
Fund 5 year Returns
21.02%
Benchmark 5 year Returns
20.90%
Nature of Fund
An open-ended equity fund focussing on large caps.
Investment Strategy
It is primarily an equity-oriented fund. At least 70% of the fund corpus is always invested in equities. The rest is invested in debt instruments in government, corporate and money market papers.
Growth Fund
(SFIN: ULIF00125/06/04LIFEGROWTH104)
Investment Group: Equity
Risk Profile | High
Fund 5 year Returns
14.03%
Benchmark 5 year Returns
13.80%
Nature of Fund
An open-ended hybrid fund with the equity portion focused on large caps.
Investment Strategy
This fund offers investments across multiple asset classes including Equities, Government Securities, Corporate Bonds and Money Market Instruments. The portfolio will contain a minimum of 20% with an upper limit of 70% invested in stocks. Remaining assets are allocated to debt instruments from Government, corporate and financial instruments.
Balanced Fund
(SFIN: ULIF00225/06/04LIFEBALANC104)
Investment Group: Balanced
Risk Profile | Medium
Fund 5 year Returns
10.85%
Benchmark 5 year Returns
10.91%
Nature of Fund
An open-ended hybrid fund investing in a mixture of debt instruments and equities.
Investment Strategy
This fund invests primarily in debt instruments, including Government Securities, Corporate Bonds, Money Market Instruments etc. Government of India/ State Governments and to some extent in Corporate Bonds and Money Market Instruments issue it. Up to 40% of its corpus can also be placed into equities, with a minimum requirement of 10% and up to a maximum of 40%.
Conservative Fund
(SFIN: ULIF00325/06/04LIFECONSER104)
Investment Group: Debt
Risk Profile | Medium
Fund 5 year Returns
7.94%
Benchmark 5 year Returns
8.00%
Nature of Fund
An open-ended hybrid fund investing predominantly in debt instruments.
Investment Strategy
Conservative Fund invests primarily in debt instruments including Government Securities, Corporate Bonds, Money Market Instruments etc. The Government of India/ State Governments and to some extent in Corporate Bonds and Money Market Instruments issue it. The Fund corpus invested is up to 15% in equities.
Secured Fund
(SFIN: ULIF00425/06/04LIFESECURE104)
Investment Group: Debt
Risk Profile | Low
Fund 5 year Returns
6.51%
Benchmark 5 year Returns
6.54%
Nature of Fund
An open-ended debt fund that invests across duration.
Investment Strategy
This fund invests in debt instruments including Government Securities, Corporate Bonds, Money Market Instruments etc. authorised by IRDAI. The Government of India/ State Governments, Corporate and banks issues it. No investment is made in equities.
Diversified Equity Fund
(SFIN: ULIF02201/01/20LIFEDIVEQF104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
An open-ended equity multi-cap fund focussing on large and mid-caps.
Investment Strategy
The purpose of this fund is to invest at least 70% in equities across the entire market capitalisation range, primarily targeting large and mid-cap stocks from various companies to provide investors with long-term growth opportunities while preserving investment liquidity.
Money Market Fund II
(SFIN:ULIF02301/01/20LIFEMONMK2104)
Investment Group: Debt
Risk Profile | Low
New Fund
Nature of Fund
An open-ended liquid fund that invests only in money market instruments.
Investment Strategy
The purpose of the fund is to deliver returns linked to Money Market levels through a portfolio with minimal interest rate and credit risk to provide a high level of safety of capital.
Dynamic Bond Fund
(SFIN: ULIF02401/01/20LIFEDYNBOF104)
Investment Group: Equity
Risk Profile | Low
New Fund
Nature of Fund
An open-ended debt fund that invests for a duration with focus on corporate bonds.
Investment Strategy
The fund generates higher returns by investing in high-quality and safe debt instruments including Government securities, corporate bonds and money market instruments. The aim is to maximise returns by focusing on the portfolio’s safety and liquidity.
Sustainable Equity Fund
(SFIN: ULIF02505/10/21SUSTAINEQU104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
An open-ended equity fund investing in companies complying with ESG principles.
Investment Strategy
The fund aims to focus on investing in select companies that operate with social and environmental responsibility while following governance standards.
Pure Growth Fund
(SFIN: ULIF02630/12/22PUREGROWTH104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
Investments in this fund will specifically exclude companies dealing in Banking, Alcohol, Tobacco products, etc.
Investment Strategy
The fund provides medium- to long-term returns to the investors by actively managing portfolio through investment in equities, cash, and money market instruments. The fund will not invest in companies that derive significant share of income from sectors such as Alcoholic beverages, Tobacco and tobacco products, certain animal produce, Gambling, Banking & Financial Services, and Entertainment (cinema, TV, etc.).
Nifty Smallcap Quality Index Fund
(SFIN: ULIF02702/08/23NIFTYSMALL104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
To invest in a basket of stocks drawn from the constituents of the NSE Smallcap 250 Quality 50 index.
Investment Objective
To invest in a basket of stocks drawn from the constituents of the NSE Smallcap 250 Quality 50 index. The objective of the fund is to invest in companies in the above index with similar weights as the index and generate returns as closely as possible, subject to tracking error.
Midcap Momentum Index Fund
SFIN: (ULIF02801/01/24MIDMOMENTM104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
The objective of the fund is to invest in a basket of stocks drawn from the constituents of NSE Midcap 150 Momentum 50 index.
Investment Objective
The objective of the fund is to invest in a basket of stocks drawn from the constituents of NSE Midcap 150 Momentum 50 index. The fund will invest in the companies with similar weights as in the index and generate returns as closely as possible, subject to tracking error.
Nifty Alpha 50 Fund
(SFIN: ULIF02914/05/24ALPHAFIFTY104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
The objective of the fund is to invest in a basket of stocks drawn from the constituents of NSE’s Nifty Alpha 50 index.
Investment Objective
The fund to invest in a basket of stocks drawn from the constituents of NSE’s Nifty Alpha 50 Index that invests in 50 stocks across small cap, mid cap and large cap segment with highest alphas within the top 300 stocks by average freefloat market capitalisation. 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.
Nifty 500 Momentum 50 Fund
(SFIN: ULIF03015/08/24MOMENFIFTY104)
Investment Group: Equity
Risk Profile: Very High
New Fund
Nature of Fund
To invest in a basket of stocks drawn from the constituents of NSE’s NIFTY 500 Momentum 50 Index.
Investment Strategy
The objective of fund is to invest in a basket of stocks drawn from the constituents of NSE’s NIFTY 500 Momentum 50 Index that invests in 50 stocks across small cap, mid cap and large cap segment, with highest normalized momentum scores within the top 500 stocks by average free-float market capitalization. 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.
Nifty Momentum Quality 50 Fund
(SFIN: ULIF03127/10/24MOMQUALITY104)
Investment Group: Equity
Risk Profile: Very High
New Fund
Nature of Fund
The objective of this fund is to invest in companies with similar weights as in the NSE’s Nifty 500 Multicap Momentum Quality 50 Index and generate returns as closely to the index as possible, subject to tracking error.
Investment Strategy
The objective of this fund is to invest in companies with similar weights as in the NSE’s Nifty 500 Multicap Momentum Quality 50 Index and generate returns as closely to the index as possible, subject to tracking error. Nifty 500 Multicap Momentum Quality 50 Index invests in 50 stocks, i.e. 10 companies from large cap universe (stocks forming part of the Nifty 100), 15 companies from midcap universe (stocks forming part of the Nifty Midcap 150) and 25 companies from the small-cap universe (stocks forming part of the Nifty Smallcap 250) based on the combination of momentum and quality factor scores.
Sustainable Wealth 50 Index Fund
(SFIN: ULIF03223/12/24SUSTWEALTH104)
Investment Group: Equity
Risk Profile: Very High
New Fund
Nature of Fund
An open-ended quantitative passive index fund investing in 50 companies based on FCF Yield and Dividend Yield.
Investment Strategy
The objective of the fund is to invest in a basket of 50 stocks based on a proprietary equal weighted factor-based quantitative index designed to identify top-performing stocks from the NSE 500 universe based on Free Cash Flow Yield (FCF Yield) for non-financial companies and Dividend Yield for financial companies.
Smart Innovation Fund
(SFIN: ULIF03301/03/25INNOVATION104)
Investment Group: Equity
Risk Profile: Very High
New Fund
Nature of Fund
An equity-oriented scheme investing in innovative companies and business with the objective to generate long term capital appreciation.
Investment Strategy
Smart Innovation Fund 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 high.
Nifty 500 Multifactor 50 Index Fund
(SFIN: ULIF03414/05/25MULTIFACTO104)
Investment Group: Equity
Risk Profile: Very High
New Fund
Nature of Fund
An open ended passive equity index investing in a 50-stock portfolio selected based on a combination of momentum, quality, value and low volatility factors from the Nifty 500.
Investment Strategy
The Objective of the fund is to invest in a basket of stocks drawn from the constituents of NSE’s Nifty 500 Multifactor MQVLv 50 Index based on a combination of momentum, quality, value and low volatility factors. The fund will invest in companies with similar weights as in the index and generate returns as closely as possible, subject to tracking error.
Note: Returns are 5-year Compounded Annualised Growth Rate (CAGR). Past performance is not indicative of future performance. The Star rating is the Overall Rating. Rating and returns are as on 30th May 2025.
The Above mentioned Fund returns are after deduction of Fund Management Charges (FMC).
In unit-linked insurance plans, the policyholder bears risks associated with the investment portfolio. Past performance is not necessarily indicative of future performance. The linked insurance products do not offer any liquidity during the first five years of the contract. The policyholder cannot surrender/ withdraw linked insurance products’ investment amount completely or partially for five years. Returns are 5-year Compounded Annualised Growth Rate (CAGR). Rating and returns are as on 30th May 2025.
© 2020 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down or up.
The ‘Morningstar Overall Rating’ is a quantitative assessment of a fund’s past performance — both return and risk — as measured from one to five stars, with one (1) being the lowest and five (5) being the best as on 30th May 2025.
Below are 8 key reasons why you should consider purchasing the Axis Max Life Smart Term with Additional Returns ULIP:
1. High Sum Assured: Helps protect your family’s future financial need with high sum assured multiple.
2. 3D Protection: Provides protection against life’s uncertainties with customised cover against Death, Disease, and/or Dismemberment
3. Guaranteed Loyalty Additions and Guaranteed Wealth Boosters: These boosters can help you reach your financial goal faster
4. 3x Return of Charges1: Option to earn up to 3 times the return of various policy charges to grow your investments even faster
5. Accidental and Term Rider2: Provides you extra protection against terminal illness diagnosis and the option to boost your protection with riders
6. Market-Linked Returns: Grow your wealth by leveraging the growth potential of market-linked instruments
7. Emergency Withdrawals: Option to access your funds in an emergency with minimum partial withdrawal starting at Rs. 5,000
8. Tax Efficiency: Tax benefits on premium payments and payouts as per current tax laws
Disclaimer:
1Upto 3x return of mortality, morbidity and administration charges and 2x return of premium allocation charges
2Available with Term Booster with Smart Utra Protect Rider (Accelerated Terminal Illness, Accidental Death Benefit, and Accidental Total and Permanent Disability rider) attached in the policy
Below are some key benefits that you get by purchasing the Axis Max Life Smart Term with Additional Returns ULIP:
Choose your policy term and premium payment frequency/premium payment term in line with your protection needs and financial goals.
Option to choose from 5 investment strategies and 20 different funds based on your risk appetite to optimize potential returns from the ULIP.
Switch between different funds seamlessly and without restriction to make the most of changing market conditions.
Get the best of both worlds with protection for your loved ones and market-linked wealth creation with this ULIP. Customise your policy term and wealth creation strategies as per your need.
Reach your financial goals faster with the help of guaranteed wealth boosters and guaranteed loyalty additions.
Benefit from enhanced affordability of the plan with a refund of charges paid for mortality, morbidity, premium allocation and policy administration during the policy term.
Get the option to enhance the protection of base life cover with optional add-ons such as the Critical Illness Secure Rider and Smart Ultra Protect Rider.
Tide over financial emergencies with ease through free-of-cost partial withdrawal option starting at a minimum of Rs. 5,000 per withdrawal.
In the subsequent section, we will take a closer look at the key benefits offered under the Axis Max Life Smart Term with Additional Returns ULIP along with other aspects, such as death benefits, maturity benefits, survival benefits, and tax benefits.
Payable on the death of the Life Insured, provided the risk cover under the Policy is in-force.
i. Sum assured on death (reduced by applicable partial withdrawals, if any), or
ii. Fund value (as on date of intimation of death), or
iii. 105% of the total premiums paid up to the date of death (reduced by applicable partial withdrawals, if any)
Please note that the ‘applicable partial withdrawals’ mentioned above refers to all the partial withdrawals (except Smart Withdrawals) made during the two years immediately preceding the death of the Life Insured. For more details, please refer to the prospectus available under the Downloads section.
i. Lump Sum Benefit: Higher of Sum Assured chosen at inception (or annualized premium chosen at inception times cover multiple) or 105% of the total premiums paid up to the date of death (whichever is applicable, reduced by applicable partial withdrawals, if any), plus
ii. Income Benefit: An income benefit equal to 20% of annualized premium will be paid each month starting from the policy anniversary date of every month following or coinciding with the date of the death of the life insured for 10 years. Plus
iii. Funding of Premium: The Company will fund X times all future outstanding premiums as and when due under the policy. Where X =1,2, or 3 as chosen by the policyholder at inception. Fund Value as on maturity will be paid at the end of the policy term.
Please note that the ‘applicable partial withdrawals’ mentioned above refers to all the partial withdrawals (except Smart Withdrawals) made during the two years’ period immediately preceding the death of the Life Insured. For more details, please refer to the prospectus available under the Downloads section.
Payable at maturity, provided the Settlement Option has not been opted. The maturity benefit is equal to the Fund Value, where: Fund Value = Summation of the Number of Units in Fund(s) multiplied by the respective NAV of the Fund(s) as on the date of maturity. In case the date of maturity is on a non-working day for the markets, then next working day’s NAV will be applicable.
The following are 3 Other benefits of Axis Max Life Smart Term with Additional Returns ULIP in details:
ROC will be payable provided all due premiums have been paid.
Starting from the 16th Policy Year, X% of the monthly mortality and morbidity charge (excluding underwriting extra and taxes) deducted during the period of 180 preceding Policy Month shall be added to the Fund Value at the end of each Policy Month in the form of addition of units. Where x% is defined below-
| Policy Year | Proportion of Charge (x%) |
|---|---|
| From the start 16th year to the end of 25th year | 200% |
| From the start of 26th year | 300% |
For instance, in the 181st Policy Month, 200% of the mortality charges deducted (excluding underwriting extra and taxes) in the 1st Policy Month shall be added.
Such additions shall continue till attained age 85 or till end of policy term, whichever is earlier, provided the policy is in force and all due premiums till date have been paid.
At the end of the 10th,11th,12th, and 13th policy years, 200% of the total premium allocation charges, deducted over the policy years 1,2,3 and 4 respectively, shall be added back as Return of Premium Allocation Charge to the Fund Value. Such additions shall continue provided the policy is in force and all due premiums till date have been paid.
At maturity or at end of policy year (85 – Age at entry), whichever is earlier, 300% of policy administration charges shall be added back as Return of Policy Administration Charge to the Fund Value at maturity or at end of policy year (85 – Age at entry), whichever is earlier. Such additions shall continue provided the policy is in force and all due premiums to date have been paid.
i. Wealth Variant: GLA shall be added to the fund value during the last 5 policy years at the end of the policy year provided all due premiums have been paid.
ii. Whole Life Variant: GLA shall be added to the fund value from policy year (80-Age at entry+1) till policy year (85-Age at entry) at the end of the policy year provided all due premiums have been paid.
For more details, please refer to the prospectus available under the Downloads section.
Guaranteed wealth booster shall be added to the fund value starting from the end of 20th policy year and once every 5 years thereafter Provided all due premiums are paid (i.e. First GWB shall be credited at the end of 20th policy year and second at the end of 25th policy year and so on).
GWB as a percentage of fund value is 3%.
Guaranteed wealth booster percentage will be applied on the total fund value at the end of the respective policy year.
The additional units shall be created in different funds in the same proportion as the fund value on the date guaranteed wealth boosters are due to be paid by the Company. These guaranteed wealth boosters shall be subject to the following:
To clarity further, please note that the guaranteed wealth boosters are applicable for a 20-year policy term as well.
Starting Policy Year 1 till maturity. Non-negative amounts called Cover Continuance Boosters (CCB) (as explained below) shall be added in the form of addition of units to achieve the target fund value threshold:
| CCB Period | Condition 1 | Condition 2 |
|---|---|---|
| CCB Period |
If Maturity Age ≤ 80 then Policy Year 1 to Policy Year 'Policy term-1' If Maturity Age > 80 then Policy Year 1 to end of Policy Year '80-Entry Age' |
If Maturity Age ≤ 80 then Last Policy Year If Maturity Age > 80 then start of policy year '80-Entry Age+1' up to maturity |
| Fund Value Threshold to Trigger CCB | At the end of Policy Month, if Fund Value falls below 10% of the Annualised Premium, then CCB value as mentioned below shall be added. | At the end of each Policy Month, if Fund Value falls below Fund Value implied by the Target Net Yield, then CCB as mentioned below shall be added. |
| CCB Value | CCB units shall be added such that the fund value becomes equal to 10% of Annualised Premium. | CCB units shall be added such that the fund value becomes equal to the fund value implied by Target Net Yield as described below. |
Cover Continuance Boosters shall only be added if the Policy is in force and all due Premiums have been paid and will be adjusted for Top-Up, Partial Withdrawals, Smart Withdrawals, underwriting loadings and Rider Charges.
Cover Continuance Booster shall only be applicable after receiving one(1) annualised premium.
Target Net Yield = Gross Yield – Target Gross Reduction-in-Yield (TGRIY)
TGRIY at policy duration where the policyholder attains age of 84 or at end of the Policy Term, whichever is earlier, shall be, 4.10%.
Where the Maturity Age > 85 years,
Where the Maturity Age <= 85 years,
TGRIY calculation assumes no underwriting loading, top-up, partial withdrawals and smart withdrawals.
You may be entitled to certain applicable tax benefits. Please note that all the tax benefits are subject to the tax laws prevailing at the time of payment of premiums or receipt of benefits by you. You may seek independent advice on tax benefits from your tax advisor. The GST applicable on the premium as per the prevailing tax laws.
The following are the key details regarding premium payment options:
| Category | Details |
|---|---|
| Minimum Premium Payment Term |
Wealth Variant: Limited Pay: 5 years Regular Pay: 20 years Whole Life Variant: Limited Pay: 5 years |
| Maximum Premium Payment Term |
Wealth Variant: Limited Pay: 15 years Regular Pay: 67 years Whole Life Variant: Limited Pay: 15 years |
| Premium Payment Modes | Annual, Semi-Annual, Quarterly, and Monthly. |
Please refer to Axis Max Life Critical Illness and Disability Secure Rider prospectus for more details
i. Rider benefit variant 1 - Term Booster with Accelerated Terminal Illness: provides additional lump sum benefit in the case of death or diagnosis of Terminal Illness of the Life Insured, whichever is earlier.
ii. Rider benefit variant 2 - Accidental Death Benefit: provides additional lump sum benefit in the case of death due to accident of the Life Insured.
iii. Rider benefit variant 3 - Accidental Total and Permanent Disability: provides additional lump sum benefit in the case of occurrence of total and permanent disability to the Life Insured due to accident.
iv. Rider benefit variant 4 – Payor Benefit: provides funding of all future outstanding base premiums and waiver of all the future premiums under all attached riders in the case of death or diagnosis of Terminal Illness of the policyholder whichever is earlier.
Please refer to Axis Max Life Smart Ultra Protect Rider prospectus for more details
ARN: PDP/STARU/200525
“There was a time when I felt uncomfortable the moment anyone discussed stock markets and mutual funds. I am still not sure how they work. However, a friend of mine had invested in Axis Max Life ULIP plans, and he encouraged me to explore the same. I am glad that I took his advice seriously. Axis Max Life ULIP is one of the best investment plans in the market with complete flexibility to invest in debt and equity funds as and when required.”
Mr. Shinde
“Dear Axis Max Team, My policy no. is XXXXXXXXX, Siddhant suggest me a ulip plan. Wonderful experience with one of the best ulip plan from Axis Max Life.”
Ramiz Khalif
“It's been a wonderful experience with Axis Max Life for advising ulip best plan. Also special thanks to Mr. Deepak Raiswal, for being supportive in fulfilling any requirements related to policy.”
Hina Kalra
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