IRDAI - Registration No. 104. Category: Life. Validity: Valid.
Corporate Identity Number (CIN):U74899PB2000PLC045626.

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.. 

Customer Helpline: 1860 120 5577 (9:00 A.M to 6:00 P.M Monday to Saturday) * Call charges apply.
Online Helpline -  0124 648 8900 (09:00 AM to 09:00 PM Monday to Saturday).
Fax Number:0124-4159397.

Email ids: service.helpdesk@axismaxlife.com; 

Website: www.axismaxlife.com

Privacy Policy

**Disclaimer | Axis Max Life Smart Secure Plus Plan (UIN: 104N118V11). A Non Linked Non Participating Individual Pure Risk Premium Life Insurance Plan. | Rider benefit is available on payment of extra Premium over base plan | *Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Secure Plus Plan| 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

^@3Disclamer | Standard  premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 years premium payment term (exclusive of GST) for Rebalancing Cover Variant of Axis Max Life Smart Term Plan Plus (UIN:104N127V02)| 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. The Absolute Amount Assured to be paid on death is the sum of applicable Life Cover SA and applicable ADB Cover SA, depending upon the cause of death. In the event of a non-accidental death, only the applicable Life Cover SA will be paid. However, in the case of accidental death, both the applicable Life Cover SA and ADB Cover SA will be paid and policy terminates thereafter.

^@2Disclamer | Standard  premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN: 104N127V02)| 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.

^@4Disclamer | Standard  premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN:104N127V02)| 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.

Special Exit Value

^~1Disclaimer |Get back all the premiums paid with Special Exit value. This can be exercised in any policy year starting 30th policy year, but not during the last 4 policy years. Available for minimum policy term of 40 years. Benefit available with special exit value-the total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums exclusive of any applicable taxes, cesses or levies. This feature shall be applicable on the base cover premium only and not for additional optional benefits like ACI, Accident cover, Joint life cover, any attached riders and Voluntary Sum Assured Top-Up.

^*1Individual Death Claim Paid Ratio as per Audited Financials for FY 2023-24.

^*2Axis Max Life Annual Audited Financials, FY 22-23.

^*3Free look period conditions: The policyholder has a free look period of 15 days from the date of receipt of the policy document and period of 30 days in case of electronic policies and policies obtained through distance mode, to renew the terms and conditions of the policy, where if the policyholder disagrees to any of those terms and 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 occurred by the company on medical examination of the lives insured and stamp duty charges. In case of a unit linked insurance product, in addition to the deductions under sub-regulation above, the insurer shall also be entitled to repurchase the units at the price of the units on the date of cancellation. A request received by insurer for free look cancellation of the policy shall be processed and premium refunded within 15 days of receipt of the request, as stated at sub clause above.

^*4Axis Max Life Public Disclosure, FY 2023-24

^*5Axis Max Life Public Disclosure, FY 2023-24

^*6As per Axis Max Life internal data since inception

^{^*}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 Smart Secure Plus Plan. A non-linked non-participating individual pure risk premium life insurance plan | #Total premium will be charged at the time of policy issuance (subject to underwriting’s decision) | ^In such cases video medical assessment will be done for customers who are graduate, up to 45 years of age with income >= 10 lakhs, no disclosed medical condition and completely healthy with sum assured up to Rs. 1 Cr

³The discount is applicable if you are a salaried employee 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.

^~3Disclaimer: A 35-year-old female opting for a life cover of Rs. 1 Cr till the age of 75 years pays Rs. 3,319 monthly for 10 years while a 35-year-old male will pay Rs. 4,168 monthly for 10 years

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

^~The Policyholder is allowed to defer the due premium for a period of up to 12 months from the due date, while maintaining the full risk cover under the base plan and attached riders (if any). This option is allowed to be exercised after completion of 3 policy years provided all due premiums have been paid and the policy is in-force.

ARN: WEB/24042025/SSPP-RC

Total Amount Payable

• SSPP (1 Crore) - Premium- 586/Month - Total Amount Payable in 25 years is 1.98 Lakhs
• SSPP (1 Crore) Free of Cost - Premium- 609/month - Total Amount Payable in 40 years is 3.01 Lakhs
• STEP (2 Crore) - Premium- 888/month - Total Amount Payable in 25 years is 3.31 Lakhs
• STEP (2 Crore) Free of Cost - Premium- 951/month - Total Amount Payable in 40 years 5.17 Lakhs

^*@12% online discount is applicable on first year premium for salaried customers opting for Axis Max life Smart Total Elite Protection Term Plan (UIN:104N125V07) and all customers (salaried/self-employed) opting for Axis Max life Smart Secure Plus Term Plan (UIN: 104N118V11)

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 do not have any kind of association or relationship with Axis Bank Limited.

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.

^*We will endeavour to settle claim within 3 hours for eligible, active, premium-paying policies that have completed three continuous policy years, with a sum assured of up to Rs. 50 lakh, and where the claim does not require field verification. Additionally, the nominee title must be clear, and all mandatory documents# must be submitted before 3 pm(Monday to Friday) at any Axis Max Life Insurance office.

^#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)