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Get protection for life and simplify your financial planning and
savings needs with triple benefits
Features and Benefits
Plan at a Glance
(Age Last Birthday)
(Age Last Birthday)
Minimum – Rs. 50,000 (subject to minimum premium limits)
Maximum – No limit (subject to underwriting)
The premium is for annual mode policy excluding service tax, rider premium (if any) and extra loading (if any). For non-annual modes, the modal factors will be applicable.
Max Life Term Plus Rider - A Non-Linked Rider (UIN:104B026V01) provides additional risk coverage in case of death.
Max Life Accidental Death and Dismemberment Rider – A Non Linked Rider (UIN - 104B027V01) provides lumpsum benefit in case of death/dismemberment due to accident.
Guaranteed Survival Benefits = 7.5% of Guaranteed Maturity Sum Assured payable from age 61 to 75 (for 15 years) of the life insured.
Please note that these payouts will happen on policy anniversaries coinciding with or immediately following the life insured attaining the above-mentioned ages.
On maturity, that is, policy anniversary coinciding with or immediately following Life Insured’s 75th birthday, the following benefit will be paid:
On death of life insured during the term of the policy, the following death benefit will be paid:
Guaranteed Death Benefit is defined as higher of:
The policy will terminate in case of the death of the life insured.
In case the Life Insured is found to be suffering from a disease that is likely to lead to the Death of the Life Insured within six months of diagnosis in the opinion of a registered medical practitioner, the Company will advance 50% of the Guaranteed Maturity Sum Assured (upto maximum of Rs. 10 Lacs across all policies which provide this benefit) immediately upon Policyholder’s request.
*For more details on the rider and various terms and conditions, please refer to the rider brochure.
** Annualised Premium includes extra premium (if any) but excludes service tax, education cess and any loading for modal premium and remains same irrespective of the premium payment mode.
Please note that the Bonuses are NOT guaranteed and may be declared by the Company from time to time.
Life Insurance Coverage Is Available In This Product. This Life Insurance Product Is Offered and Underwritten By Max Life Insurance Co. Ltd . The Life Insurance contract is between the Proposer and Max Life Insurance Co. Ltd.
Max Life Insurance Company Limited is a Joint Venture between MaxFinancial Services Limited and Mitsui Sumitomo Insurance Co. Ltd. Max Life Insurance Co. Ltd., 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurgaon - 122002 (Haryana). IRDAI Registration No. – 104. For more details on the risk factors, Terms and Conditions, please read the sales brochure 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 further details, call Toll free number 1800 200 4006
Axis Bank Limited is the Corporate Agent of Max Life Insurance Co. Ltd. Axis Bank Limited, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai – 400025. IRDAI Corporate Agent License No: CA0069 The purchase of a Max Life Insurance product by Axis Bank's customer is purely on a voluntary basis. As Axis Bank is not in the business of insurance, there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI clarifies to public that
Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
ARN No.: Max Life/Axis/Web Content/LPP Super/ Apr 2016
At your request , you are being redirected to a third party site. Please read and agree with the disclamer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third paty namely http://i3.oximall.com/axisbank. Such links are provided only for the Client and Axis Bank does not control or endorse such websites, and is not responsible for their content. The use of such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them . any actions taken or obligations created voluntarily by the person(s) accessing such websites shall be directly between such persons and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such actions so taken. Thank you for visiting www.axisbank.com
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At your request, you are being redirected to a third party site. Please read and agree with the disclaimer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely mybustickets.in. Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com
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