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                • Income Tax Rules Changes
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                • Term Insurance for Housewife
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                Term Insurance for Housewife

                Financially Secure Your Family
                @ ₹522/Month@7 for 1 Cr. Life cover

                Term insurance for housewives can ensure additional financial security of the family by covering the rising costs of education and marri
                age, and healthcare expenses. In fact, there are numerous ups and downs in life, which families must prepare for. It’s not that the male breadwinners whose absence can affect a family’s finances, housewives play an equally important role in managing their families. Their absence can give rise to emotional and financial struggles. Thus, term insurance is a must-buy product for the female counterparts of the household.
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                Tax savings
                up-to Rs 46,800##
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                99.65%^
                Death Claims Paid Ratio
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                15%#1
                Discount on Term Plan
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                Prices Increasing Soon
                Financially Secure Your Family
                @ ₹522/Month@7 for 1 Cr. Life cover
                stickyImage

                Term insurance for housewives can ensure additional financial security of the family by covering the rising costs of education and marri
                age, and healthcare expenses. In fact, there are numerous ups and downs in life, which families must prepare for. It’s not that the male breadwinners whose absence can affect a family’s finances, housewives play an equally important role in managing their families. Their absence can give rise to emotional and financial struggles. Thus, term insurance is a must-buy product for the female counterparts of the household.
                ...Read More

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                Women-centric Term Insurance Plans

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                Written by

                Kriti Arora
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                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
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                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.

                What is Term Insurance for Housewife?

                Term insurance for housewife is a type of life insurance where the housewife is the life insured and the policyholder is typically the male spouse. In the case of such a policy, the sum assured is typically paid to a nominee other than the spouse, if the life insured person passes away during the policy tenure. Timely premium payments are required to keep this type of policy in force, just like any other type of term insurance policy. Also, the premium of a housewife term insurance is lower than a similar term insurance plan offered to a male applicant as women are offered preferential lower rates compared to men applicants with similar profile.

                Why Should Housewives Buy Term Insurance?

                Term-Insurance-for-Housewife-1.jpg

                A term insurance plan is undoubtedly essential for housewives for the following reasons:

              • Management of medical emergencies of Housewives
              • Given the rising incidence of diseases among women, such as PCOS (polycystic ovarian syndrome), breast cancer, and other diseases/illnesses, housewives may require a term insurance policy to guarantee their family are financially secure in the event of the unexpected death of a key family member.

              • Financial protection and Planning
              • The most suitable term insurance plan for housewives can give a guaranteed cover amount to aid the nominees with expenditures such as educational pursuits and ongoing loans. It fosters your financial planning by providing the beneficiary/nominee a guaranteed sum to cover vital expenditures. It is appropriate in terms of providing a corpus for your family members in your absence.

                How to Choose Best Term Insurance for Housewife?

                Now that we have established why term insurance for housewife is required, here are some tips that can help you pick a term insurance for housewife:

                Term-Insurance-for-Housewife-2.jpg

                1. Ensure that you are Choosing an Adequate Cover

                The last thing you would want is to choose a cover that is inadequate to meet your financial requirements. Therefore, it's essential to go for a term insurance plan for housewife that offers financial coverage you need.

                To ensure that, it's highly recommended to go through your financial plans. Know how much savings you have and how much more you need. At the same time, keep a track of your present expenses, and anticipate your future expenses.

                Decide an adequate coverage amount accordingly. As a thumb rule you can consider the cover amount to be 3 to 5 times of the husband’s annual salary.

                2. Look for the Claim Settlement Ratio

                The Claim Settlement Ratio is an important factor that you need to consider while buying term insurance. Claim settlement ratio is calculated by dividing the number of insurance claims settled by the number of insurance claims received by the insurer. Ideally, you should go for an insurer with a high claim settlement percentage.

                Axis Max Life Insurance has a claim settlement ratio of 99.65% (Source: Individual Death Claim Paid Ratio as per Audited Financials for FY 2023-2024).

                3. Consider the Type of Term Plan

                There are different types of term plans available; namely – Increasing Term Insurance, Decreasing Term Insurance and Return of Premium plan. As these plans offer you different features, you have to choose the one that suits your requirement and financial goals the most.


                The latest India Protection Quotient 7.0 survey conducted jointly by Axis Max Life Insurance and Kantar recorded an increase in the Knowledge Index of Indians regarding life insurance. In IPQ 7.0 this Knowledge Index was recorded at 63, which indicates a 2 points increase from the previous year IPQ 6.0 score of 61. This can become a key driver for term insurance sales in India over the coming years.

                How to Identify the Best Term Insurance Plan for Housewives?

                Below are some key factors to consider when trying to identify the term insurance plan that is ideally suited to the needs of housewives:

              • Choose the type of term plan carefully. Return of premium, increasing sum assured term plans, and decreasing sum assured term insurance plans are the three common types of term life insurance plans that are offered to housewives. As they differ in features, you must opt for the plan that provides adequate coverage to support your family’s lifestyle and ensures that the pay-out is sufficient to reach key life goals such as children’s education, children’s marriage, purchase of a house, etc.
              •  

              • The insurance company you choose to buy your term insurance for women must have a high claim settlement ratio. A consistently high CSR over a period of 5 years or more indicates that the life insurance company has a good track record of claim settlements. This will ensure that your family is ideally placed to receive the pay out from the life insurer in the case of the unexpected demise of housewife during the policy term.
              •  

              • Considering your health condition as a housewife and your family’s medical history if any add-ons should be purchased along with the base plan to provide further financial protection to family members. Since such add-on may require payment of additional premium, do consider which are suited to your unique need before making a selection.
              •  

              • After comparing premium rates across different insurers, you should have a plan that is affordable with adequate coverage. Do take some time to compare the benefits and quotations for the term plan of your choice. This can help you strike a balance between high life cover and affordable premium with respect to your term insurance plan.
              • Key Features of Term Plan for Housewives

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                Below are some key features that distinguish term insurance plans tailored for housewives from regular term plans:

              • Fixed sum assured: A term policy for housewives recognises the contribution of women and compensates for it with an insurance payout. While housewives may not contribute to their families financially, their role is invaluable. Term insurance for housewives acknowledges this by providing financial security to the family in the case of the homemaker’s death.
              •  

              • Affordable premiums: Term insurance plans for housewives come with affordable premiums to ensure they fit within the household budget.
              •  

              • Increasing cover with family growth: Term insurance plans for housewives offer the flexibility to opt for a plan with increasing life cover as the plan progresses. This can help ensure adequate financial protection for everyone if the family size increase and also helps the sum assured keep pace with rising inflation.
              •  

              • Spouse Coverage: Additionally, term plans for housewives offer coverage for the spouse (often the principal earning member), assuring financial security for the housewife in the event of the spouse's death.
              •  

              • Protection against critical illnesses: Term insurance plans for housewives offer the option to add additional riders, like a critical illness rider. These riders can provide financial protection against women specific illnesses, such as breast and cervical cancer, as well as many others.
              •  

              • Flexibility: One important component of term insurance for women is flexibility. It helps in customization of products as per budget needs. For example, you can easily choose to pay the premiums in a convenient mode like single pay, limited pay, or regular pay with monthly, annual, semi-annual, or quarterly premium payment mode. You can also select the payout option as a lump sum, monthly, a combination of monthly + lump sum, or increasing monthly income.
              •  

              • Tax Benefits: The premiums paid for a term plan for housewives is eligible for term insurance tax benefits as per the prevailing tax laws u/s 80C. Moreover, the sum assured pay-out received from these term plans is tax-free in the hands of the nominee/legal heir u/s 10(10D) of the Income Tax Act, 1961, as per prevailing tax laws.
              •  

              • Benefits for Children: The financial benefit from the term insurance plan for housewife can be helpful in planning for the future of children in the family which includes planning for schooling, higher education, marriage, leaving a legacy, etc. This can help provide a life free from financial constraints for the children.
              • Term Insurance Riders

                If a policyholder wishes to increase their policy benefits and coverage, they have the option of buying term insurance riders with their basic term plan for housewives. Although insurance riders vary with the insurance companies, here are the most common term insurance riders available with term insurance for housewife:

                Accidental Death Benefit Rider

                This rider promises an additional sum in case the policyholder dies in an unfortunate accident. The percentage is determined according to the original sum guaranteed by the term plan; it may also vary according to the insurance company.

                Critical Illness and Disability Rider

                The Critical Illness and Disability Rider offers an extra payout if the insured is diagnosed with a critical illness or meets with an accident that causes disability. The payout amount and payout frequency depend on the insurance company

                Types of Term Insurance Plans for Housewife

                There are different types of term insurance plans for housewives. Here are the types in brief:

                Term-Insurance-for-Housewife-5.jpg

                1. The Return of Premium Plan

                TROP is the type of term insurance for housewife pays back the premium paid by the policyholder if the insured survives the policy term.

                2. Increasing Term Life Insurance for Housewife

                This term insurance plan for housewives gives the policyholder the option to increase the policy coverage during the term plan. This type of plan is ideal for policyholders who wish to increase their policy cover as their income rises and also for those who wish to.

                3. Decreasing Term Life Insurance for Housewife

                This type of term life insurance offers a sum assured that decreases at a set rate. The basic idea of this type of term life insurance plan for housewives is that as individual ages, their liabilities decrease, the need of a higher sum decreases.

                Should Housewives Get Term Insurance Plans?

                With the recent rise in women-specific health concerns and the increasing stresses of day-to-day life, it is of utmost importance to get yourself, as a housewife, a suitable term insurance plan. After all, even without seeking any payment, as a housewife, you are managing multiple activities on a daily basis.

                Whether it is taking care of the family meals, managing house help, decluttering the house or allocating the family budget, as a housewife your responsibilities are numerous. As a result of this busy lifestyle and its inherent stresses, there is growing occurrence of illnesses like poly cystic ovary disease (PCOD), breast cancer, ovarian cancer and mental depression, to name a few.

                While we can and should try our best to stay clear of such health-related issues, the risk of contracting a critical or terminal illness is always there. Therefore, it is best to safeguard your family with a suitable term insurance plan. While a financial pay-out can never be a replacement of your value as a housewife, this can at least provide the family with some financial assistance in your absence. That's why, it is imperative that as a housewife, you should get yourself a fitting term insurance plan.

                Choosing a Suitable Sum Assured for Term Insurance for Housewife

                Selecting an adequate sum assured in case of housewife is crucial and depends on various factors. Below are some of the sum assured options you can avail. Click on the preferred option and check on further details.

                Term Insurance

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                ₹50 Lakhs

                Starting from  ₹16/day%*

                Check Plan

                Term Insurance

                sum-assured-right-arrow.svg

                ₹75 Lakhs

                Starting from  ₹24/day%*

                Check Plan

                BESTSELLER

                BESTSELLER

                Term Insurance

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                ₹1 Crore

                Starting from  ₹26/day%*

                Check Plan

                Term Insurance

                sum-assured-right-arrow.svg

                ₹1.5 Crore

                Starting from  ₹39/day%*

                Check Plan

                Term Insurance

                sum-assured-right-arrow.svg

                ₹2 Crore

                Starting from  ₹39/day%*

                Check Plan

                Term Insurance

                sum-assured-right-arrow.svg

                ₹5 Crore

                Starting from  ₹92/day%*

                Check Plan

                 Disclaimer: %*Standard daily premium for 24-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07). ARN: C/SA/280125

                Process to Buy Term Insurance Plan for Housewives from Axis Max Life

                Axis Max Life offers the term insurance plan for housewives, which does not require husband’s income proof (subject to applicable terms and conditions) along with key benefits like:

              • High sum assured with affordable premiums
              • Tax saving under Section 80C as per applicable tax laws
              • 99.65% death claims paid ratio
              • Benefit of InstaclaimTM on claim intimation4,
              • Significantly higher solvency ratio than the IRDAI prescribed 150%,
              • Preferential low premiums on term plan for housewife, and much more
              • The process to buy a term insurance plan for housewife from Axis Max Life is easy and hassle-free as mentioned below:

                 

                1. To begin with, you have to determine how much coverage you require. This may depend on both your family's future financial demands and your existing financial situation i.e. affordability. With Axis Max Life, you may choose from a range of policies that offer a number of easily understandable coverage options to get the ideal term insurance plan for a housewife.

                 

                2. Next, compare the different plans offered by Axis Max Life Insurance along with their key features. Once you've decided on the plan that best suits your needs, fill out Axis Max Life's online application form. The application procedure involves basic personal information such as your name, address, contact details and date of birth. You will also be required to provide information about your health status, lifestyle habits, and any current medical concerns. Axis Max Life will use this information to evaluate the risk and calculate the premium based on inputs provided by you.

                 

                3. After submitting the application, Axis Max Life will analyse it and issue a quotation. You can then select whether or not to proceed with the plan being offered. If you want to proceed, you will be required to pay the premium in order to start the process of purchasing the term plan. Once the payment is paid, you will receive a confirmation. Post the premium payment, the verification process as well as the medical testing will occur and you may be required to submit key documents as per applicable underwriting criteria. If everything falls in place, you will receive your policy document after which, your policy will be activated and you can begin to reap the benefits of the plan chosen.

                Axis Max Life also offers comprehensive customer service, so if any problems or issues arise during the purchase process you can easily get in touch with an insurance expert to get your issue resolved. By following the steps indicated above, housewives can get a term insurance plan from Axis Max Life and enjoy the protection and peace of mind that it brings.

                Frequently Asked Questions

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                What is the maximum age limit to buy a term insurance plan for housewives?

                The maximum age limit to buy a term insurance plan for housewives is 60. However, some life insurance companies allow housewives above this age limit to purchase a term plan.

                Do term insurance policies offer accidental coverage for housewives?

                Yes, some term insurance companies do offer accidental coverage for housewives. In addition to it, term insurance for housewives may as well cover health expenses. However, it all depends on the life insurance company you are buying a term plan from.

                Is the employment status of the second spouse significant during the application?

                No, the employment status of the second spouse is not significant when you are opting for a term plan with spouse cover

                How is the sum assured payable calculated?

                The ideal sum assured should be 3-5 times of annual income of the husband. However, in case you feel the sum assured is not adequate to manage your expenses, you can raise the amount. However, be mindful that an increase in sum assured would increase the premium.

                Who is eligible for the term plan?

                Anyone over the age of 18 and below the age of 65 is eligible for a term plan. This includes youngsters, married couples and senior citizens.

                Can a non-salaried individual buy a term plan?

                A policyholder is required to submit income proof to buy a term plan. Therefore, a non-salaried individual might not be able to buy a term plan. However, it is possible to buy term insurance for non-working spouse in India. Most insurance companies offer spouse cover in term insurance to help you add an extra layer of financial protection for your family in times of need.

                Can we get cheaper term insurance as a couple?

                Yes, you can get cheaper term insurance as a couple. Joint term life insurance would be cost-effective option as compared to buying two single-term life policies.

                Is it possible to add my wife to a term insurance policy?

                Yes, it is possible to add your spouse to a term life policy. Spouse term insurance allows the inclusion of your partner under your term plan coverage.

                What is joint term life insurance?

                As the name suggests, a joint term life insurance provides insurance coverage for two people, not one.

                ARN NO: PCP/TIHW/220124

                Check out the different Online Insurance Plans from Axis Max Life!

                • Axis Max Life Smart Wealth Plan

                  Comprehensive death benefit for your family member(s) in case of your unfortunate demise during policy term

                  Guaranteed maturity benefits/Income Benefit and accrued guaranteed additions to help meet your life goals

                  Multiple variants -lumpsum, short term income, long term. income, and whole life Income with unique benefits

                  Know more
                • Long Term Income

                  Guaranteed Income benefit for 25 or 30 years after the policy period ends, as per the sub variant selected

                  Terminal benefit which equals total premiums paid, post completion of the payout period payable to nominee

                  Four premium payment options – 6, 8, 10 and 12 years to be chosen as per suitability of the plan for your needs

                  Know more
                • Axis Max Life Smart Secure Plus Plan

                  In case of your demise during policy term, your family will receive a comprehensive death benefit for your family

                  To assist you achieve your life goals, there are guaranteed maturity advantages, income benefits, and guaranteed additions

                  Lump sum, short-term, long-term, and whole-life income options with distinctive benefits are available

                  Know more
                • Term Plan with Return of Premium

                  Option to receive the premiums paid back on successful survival of the insured till end of policy term

                  Death benefits for your family members in case of any eventuality leading to the loss of your life

                  Limited pay options to pay for term plans with return of premium - 5 Pay, 10 Pay, 12 Pay, 15 Pay, or 60 Pay

                  Know more
                • Axis Max Life Critical Illness and Disability Rider

                  Guaranteed income benefit for 25 or 30 years after the policy period ends, as per the sub-variant selected

                  Total and Permanent Disability Cover on the occurrence of disability arising from sickness or injury

                  Two premium payment options – 6 and 10 years to be chosen as per suitability of the plan for your needs

                  Know more
                • Axis Max Life Waiver of Premium Plus Rider

                  Waiver of all future premiums in case of the covered dismemberment so that you can live worry-free

                  Future premiums waiver in case you suffer from critical illnesses as specified in the rider terms

                  Continued benefits of the base policy to give you peace of mind about maintaining various life expenses

                  Know more

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                Customer Reviews

                Axis Max Life Term Plan

                “Subodh Mishra helped me a lot in getting the money. He personally collected the documents and helped me at every step. I am extremely thankful to him and I would like to buy another Axis Max lIfe policy in future”

                Subodh Mishra

                Axis Max Life Term Plan

                “I already have a policy and buying this was a nice experience.This is according to my requirement. Completely satisfied with details shared by customer care executive before purchasing the policy.”

                Gaurang Kumar Pawar

                Axis Max Life Term Plan

                “I visited Amritsar branch after the demise of my son. My family was not left with a single penny and it was getting impossible to make the ends meet. Vinay Sharma gave me the right direction and helped me at every step to receive the claim amount and gave a source of income to my family. I thank him and bless him from the bottom of my heart.”

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

                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. 90C, Udyog Vihar, Sector 18, Gurugram (Haryana) - 122015.

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                Email ids: service.helpdesk@axismaxlife.com

                Website: www.axismaxlife.com

                Axis Max Life Insurance is integrated with licensed NBFC FinVu (Cookiejar Technologies Pvt. Ltd. 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 Rohit Sharma / Ritika Sajdeh image 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.

                Axis Max Life Online Savings Plan is a Unit Linked Non Participating Individual Life Insurance Plan (UIN: 104L098V06)

                *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.

                Privacy Policy

                ^^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 Smart Term Plan Plus (UIN: 104N127V02). 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: 104N125V07). 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 5 years and Policy term of 10 years) and a healthy male of 18 years paying Rs. 30,000/- per month (exclusive of all applicable taxes) with 7.45% return. Life Insurance is available with this product

                7Available with Axis Max Life Smart Wealth Plan (UIN: 104N116V14)

                8Available with Axis Max Life Smart Fixed-return Digital Plan (UIN: 104N123V05). The guaranteed benefits are available with selected life insurance plans & are applicable if all due premiums are paid.

                9The percentage savings is for a regular pay Axis Max Life Smart Secure Plus Plan (A Non Linked Non Participating Individual Pure Risk Life Insurance Plan, UIN: 104N118V11)– Life Option for 1 Cr. life cover for a 35 year old, non-smoker male for a policy term of 40 years vs a 10 year policy term with the same details’

                ##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: 104B033V02) 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 audited financials for FY 2023-2024

                #1A flat 15% discount on the premium will be applicable throughout the Premium Payment Term for Female Life Insured with Axis Max Life Smart Term Plan Plus (UIN: 104N127V02).

                #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 GST and 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: 104B033V02. 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 |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 (exclusive of GST) 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 | Standard Premium for 30 year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) 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 (exclusive of GST). 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 104B033V02) is available on payment of additional premium. It covers 64 critical illnesses under Platinum & Platinum Plus variant

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

                ^1Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 50 lakh.

                ^2Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 75 lakh.

                ^3Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 1 Cr.

                ^4Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 1.5 Cr.

                ^5Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 2 Cr.

                ^6Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 5 Cr.

                ^7Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Term Plan Plus (UIN: 104N127V02) - Regular Cover with a life cover of Rs. 1 Cr.

                ~*Disclaimer: Standard premium for 24-year old healthy female,non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07)

                ^~Disclaimer: 5 year return (CAGR – Compound Annualised Growth Rate) from Max Life High Growth Fund (ULIF01311/02/08LIFEHIGHGR104) as on 31/07/2024

                ^~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. 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 30/04/2024. 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. 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.

                ^*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).

                @1Standard premium for 20-year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07). 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. | ~1 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 Accident cover, Joint life cover, any attached riders and Voluntary Sum Assured Top-Up.

                @2Standard premium for 20-year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07). 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. | ~1 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 Accident cover, Joint life cover, any attached riders and Voluntary Sum Assured Top-Up.

                #*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: 104L121V03) 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 (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07)| 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. Total premiums paid is exclusive of GST. Life Insurance is available in this product.

                @4Standard 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 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.

                @5Disclaimer: Standard premium for 20-year old healthy female, 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) Sum Assured of 1 Cr | 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.

                @6Disclaimer: The policyholder will get back 200% of total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums (if any) (excl. of GST), if the policyholder exercises this option at policy year (Policy Term-10) only. This option will not applicable for Regular Pay and Pay Till 60. The minimum policy term will be 40 years for special exit value.

                @7Disclaimer: 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. 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 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.

                Disclaimer: ~10 year CAGR of Nifty SmallCap 250 Quality50 index as on 24/07/2023. Max Life Nifty Smallcap Quality Index Fund is passively managed Index fund that tracks the Nifty SmallCap 250 Quality50 index (subject to tracking error).

                Disclaimer: @2Standard premium for 20-year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07). **The above mentioned is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employee with a corporate, purchased via web link | ~1Get back 4.67 Lakhs premiums paid under Special Exit value at 36th Policy Year. 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 Accelerated Critical Illness, Accident cover, Joint life cover, any attached riders and Voluntary Sum Assured Top-Up| ~Singapore, Hong Kong, New Zealand, Australia, Canada, UAE, Oman, Qatar, Saudi Arabia, Kuwait, Sri Lanka, Maldives, Fil, Brunei, Taiwan, Mauritius, South Korea, Bahrain, China, France, Germany, Switzerland, Austria, Hungary, USA, UK, Japan, Belgium, Denmark, Spain, Greece, Ireland, Luxemburg, Italy, Netherlands, Finland, Sweden, Norway.

                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)

                ~4Subject to submission of all documents required for GST waiver. GST waiver/refund is not applicable for ULIP plans.

                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 11 June’24 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 25% p.a. gross investment returns as on 11 June'24, 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: 104N116V13). | 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: 104L121V04).

                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: *6Check the Total Premium amount against the respective monthly premium values in the below table.

                For Sum assured of 75 lakh, 1 crore, 1.5 crore and 2 crore, the below calculations are based on Axis Max Life Smart Total Elite Protection Term Plan (A Non Linked Non Participating Individual Pure Risk Life Insurance Plan, UIN:104N125V07). Monthly premium amounts are excluding GST and before any applicable discounts assuming Regular Pay and monthly payment mode..

                Age of Male ApplicantPremium Amount for Rs. 75 lakh Term PlanPremium Amount for Rs. 1 crore Term PlanPremium Amount for Rs. 1.5 crore Term PlanPremium Amount for Rs. 2 crore Term Plan
                SmokerNon-SmokerSmokerNon-SmokerSmokerNon-SmokerSmokerNon-Smoker
                18 Years (PPT: 67 years)1,488/Month
                Total Premium: 11.33 lakh
                930/Month
                Total Premium: 7.08 lakh
                1,500/Month
                Total Premium: 11.42 lakh
                938/Month
                Total Premium: 7.14 lakh
                2,251/Month
                Total Premium: 17.13 lakh
                1,407/Month
                Total Premium: 10.71 lakh
                2,675/Month
                Total Premium: 20.37 lakh
                1,672/Month
                Total Premium: 12.73 lakh
                25 Years (PPT: 60 years)1,966/Month
                Total Premium: 13.40 lakh
                1,228/Month
                Total Premium: 8.38 lakh
                2,054/Month
                Total Premium: 14.06 lakh
                1,284/Month
                Total Premium: 8.75 lakh
                3,081/Month
                Total Premium: 21.01 lakh
                1,926/Month
                Total Premium: 13.13 lakh
                3,607/Month
                Total Premium: 24.59 lakh
                2,255/Month
                Total Premium: 15.37 lakh
                35 Years (PPT: 50 years)3,182/Month
                Total Premium: 18.08 lakh
                1,989/Month
                Total Premium: 11.30 lakh
                3,592/Month
                Total Premium: 20.41 lakh
                2,245/Month
                Total Premium: 12.76 lakh
                5,388/Month
                Total Premium: 30.61 lakh
                3,367/Month
                Total Premium: 19.13 lakh
                5,947/Month
                Total Premium: 33.79 lakh
                3,717/Month
                Total Premium: 21.12 lakh
                45 Years (PPT: 40 years)5,971/Month
                Total Premium: 27.14 lakh
                3,732/Month
                Total Premium: 16.96 lakh
                6,629/Month
                Total Premium: 30.13 lakh
                4,143/Month
                Total Premium: 18.83 lakh
                9,944/Month
                Total Premium: 45.20 lakh
                6,215/Month
                Total Premium: 28.25 lakh
                12,546/Month
                Total Premium: 57.02 lakh
                7,841/Month
                Total Premium: 35.64 lakh
                55 Years (PPT: 30 years)11,656/Month
                Total Premium: 39.73 lakh
                7,285/Month
                Total Premium: 24.83 lakh
                13,719/Month
                Total Premium: 46.77 lakh
                8,574/Month
                Total Premium: 29.23 lakh
                20,578/Month
                Total Premium: 70.15 lakh
                12,861/Month
                Total Premium: 43.84 lakh
                26,160/Month
                Total Premium: 89.18 lakh
                16,350/Month
                Total Premium: 55.74 lakh
                60 Years (PPT: 25 years)16,846/Month
                Total Premium: 47.86 lakh
                10,529/Month
                Total Premium: 29.91 lakh
                19,966/Month
                Total Premium: 56.72 lakh
                12,479/Month
                Total Premium: 35.45 lakh
                29,949/Month
                Total Premium: 85.08 lakh
                18,718/Month
                Total Premium: 53.18 lakh
                37,689/Month
                Total Premium: 107.07 lakh
                23,555/Month
                Total Premium: 66.92 lakh

                 

                 

                Age of Female ApplicantPremium Amount for Rs. 75 lakh Term PlanPremium Amount for Rs. 1 crore Term PlanPremium Amount for Rs. 1.5 crore Term PlanPremium Amount for Rs. 2 crore Term Plan
                SmokerNon-SmokerSmokerNon-SmokerSmokerNon-SmokerSmokerNon-Smoker
                18 Years (PPT: 67 years)1,488/Month
                Total Premium payable: 11.33 lakh
                930/Month
                Total Premium payable: 7.08 lakh
                1,500/Month
                Total Premium payable: 11.42 lakh
                938/Month
                Total Premium payable: 7.14 lakh
                2,251/Month
                Total Premium payable: 17.13 lakh
                1,407/Month
                Total Premium payable: 10.71 lakh
                2,675/Month
                Total Premium payable: 20.37 lakh
                1,672/Month
                Total Premium payable: 12.73 lakh
                25 Years (PPT: 60 years)1,707/Month
                Total Premium payable: 11.64 lakh
                1,067/Month
                Total Premium payable: 7.28 lakh
                1,744/Month
                Total Premium payable: 11.89 lakh
                1,090/Month
                Total Premium payable: 7.43 lakh
                2,616/Month
                Total Premium payable: 17.84 lakh
                1,635/Month
                Total Premium payable: 11.15 lakh
                2,972/Month
                Total Premium payable: 20.26 lakh
                1,858/Month
                Total Premium payable: 12.67 lakh
                35 Years (PPT: 50 years)2,617/Month
                Total Premium payable: 14.87 lakh
                1,636/Month
                Total Premium payable: 9.29 lakh
                2,905/Month
                Total Premium payable: 16.50 lakh
                1,815/Month
                Total Premium payable: 10.32 lakh
                4,357/Month
                Total Premium payable: 24.76 lakh
                2,723/Month
                Total Premium payable: 15.47 lakh
                4,801/Month
                Total Premium payable: 27.28 lakh
                3,000/Month
                Total Premium payable: 17.05 lakh
                45 Years (PPT: 40 years)4,794/Month
                Total Premium payable: 21.79 lakh
                2,996/Month
                Total Premium payable: 13.62 lakh
                5,061/Month
                Total Premium payable: 23.00 lakh
                3,163/Month
                Total Premium payable: 14.38 lakh
                7,591/Month
                Total Premium payable: 34.50 lakh
                4,744/Month
                Total Premium payable: 21.56 lakh
                9,496/Month
                Total Premium payable: 43.16 lakh
                5,935/Month
                Total Premium payable: 26.98 lakh
                55 Years (PPT: 30 years)8,883/Month
                Total Premium payable: 30.28 lakh
                5,552/Month
                Total Premium payable: 18.93 lakh
                10,102/Month
                Total Premium payable: 34.44 lakh
                6,314/Month
                Total Premium payable: 21.52 lakh
                15,153/Month
                Total Premium payable: 51.66 lakh
                9,471/Month
                Total Premium payable: 32.29 lakh
                19,378/Month
                Total Premium payable: 66.06 lakh
                12,111/Month
                Total Premium payable: 41.29 lakh
                60 Years (PPT: 25 years)12,611/Month
                Total Premium payable: 35.83 lakh
                7,882/Month
                Total Premium payable: 22.39 lakh
                14,826/Month
                Total Premium payable: 42.12 lakh
                9,266/Month
                Total Premium payable: 26.32 lakh
                22,239/Month
                Total Premium payable: 63.18 lakh
                13,899/Month
                Total Premium payable: 39.49 lakh
                27,941/Month
                Total Premium payable: 79.38 lakh
                17,463/Month
                Total Premium payable: 49.61 lakh