Axis Max Life Savings Advantage Plan

You may have many goals in life for which you save money. These may be short-term goals, or long-term goals, such as buying a sedan, planning for children’s education in an ivy college, and planning for y

Disclaimer:

In Unit Linked Policies, the investment Risk in the investment portfolio is borne by the policyholder.

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

Bhaskar Sinha

Insurance Expert

8+ years of experience in Life Insurance with expertise in Developing Life and Health Products, Digital Sales, Conducting effective trainings and Key Account Management.

Top Reasons Why You should Buy Axis Max Life Savings Advantage Plan

Flexibility to choose Premium Payment Term and Policy Term that matches your life goals
Get lumpsum amount on maturity that is partly guaranteed
Save tax under section 80C and Section 10(10D) as per prevailing tax laws
Protection for your family through life insurance cover

What do You get with Axis Max Life Savings Advantage Plan?

Choice of Premium Payment & Policy Terms

Get the flexibility to choose premium payment and policy terms.

Guaranteed Additions

Get a guaranteed amount equal to 5.5% of Guaranteed Sum Assured on Maturity for the first 5 years. T&C Apply.

Superior Maturity Benefit

Enjoy 110% of Guaranteed Sum Assured on Maturity along with accrued Guaranteed Additions, accrued Paid Up Additions (if any) and Terminal Bonus (if any).

Step up Death Benefit post 10 policy years

Secure your family from any financial burden in your absence with a guaranteed amount on death of the life insured.

Settlement and Commutation Benefit

Option to receive maturity benefit or death benefit as a regular income for 10 long years.

Tax Benefit

Tax deduction on the premiums paid and sum assured received as per the prevailing tax laws.

All You Need to Know about Axis Max Life Flexi Wealth Plus Plan

Plan Benefits

Death Benefit

Maturity Benefit

Settlement and Commutation Benefit

How does this plan work ?

Check Your Eligibility

Premium Payment Options

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Additional Benefits through Riders

Axis Max Life Term Plus Rider (UIN: 104B026V04)

Add Axis Max Life Term Plus Rider to enhance protection against any unfortunate incident which may cause death.
(For further details, please refer to Axis Max Life Term Plus Rider, UIN - 104B026V04, prospectus)

Axis Max Life Waiver of Premium (WOP) Plus Rider (UIN: 104B029V05)

Axis Max Life Waiver of Premium Plus Rider (UIN: 104B029V05) provides a waiver of all future premiums in case of Critical Illness, Dismemberment, or Death (only when Life Insured and Policyholder are different individuals). This product doesn’t have an in-built Waiver of Premium benefit, thus, the rider benefit is an additional benefit. For more details on the Rider and various terms and conditions, please refer to the Axis Max Life Waiver of Premium Plus Rider Prospectus/ Brochure, Rider Contract, Rider Rates, and Rider Leaflet.

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Axis Max Life Accidental Death & Dismemberment Rider (UIN: 104B027V05)

Get additional protection cover in case of accidental death or disability.
(For further details, please refer to Axis Max Life Accidental Death & Dismemberment Rider, UIN - 104B027V05, prospectus)

ARN NO: PDP/SAP/291024

Why Choose Axis Max Life?

99.65% Claims Paid Percentage

(Source: Individual Death Claim Paid Ratio as per Audited Financials for FY 2023-2024)

304 Offices Axis Max Life's Presence

(Source: As reported to IRDAI, FY 2023-24)

₹1,779,409 Cr. Sum Assured

In force (individual) (Source: Axis Max Life Public Disclosure, FY 2023-24)

₹150,836 Cr. Assets Under Management

(Source: Axis Max Life Public Disclosure, FY 2023-24)

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Axis Max Life Savings Advantage Plan

Maximise Your Savings With Axis Max Life Investment Plans

Top Reasons Why You should Buy Axis Max Life Savings Advantage Plan

What do You get with Axis Max Life Savings Advantage Plan?

Choice of Premium Payment & Policy Terms

Guaranteed Additions

Superior Maturity Benefit

Step up Death Benefit post 10 policy years

Settlement and Commutation Benefit

Tax Benefit