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Life Insurance

Max Whole Life Super

Save for your child’s education, marriage, or your retirement and stay protected until you are 100 years

Protection upto 100

Premiums only for a few years and protection upto the age of 100

Power of Bonuses

Life cover increases with age

Comprehensive Death Benefit

Provide a legacy for your family

Anytime Money Withdrawal

Financial support for any major or minor events at any time

Features and Benefits

Type of Plan Traditional Participating Whole Life Insurance Plan
Entry ages
(Age Last Birthday)
Minimum Age: 18 years
Maximum Age
Premium Payment Term Maximum entry age (age last birthday)
10 years 60 years
15 years 55 years
20 years 50 years
Maturity Age
(Age Last Birthday)

Policy anniversary following or coinciding with the life insured attaining age 100 years

The only available maturity age is 100 years

Policy Term

Upto age 100 years of Life Insured. Policy Term = 100 less age at entry of Life Insured

Premium Payment Term

10 Years, 15 Years or 20 Years

Premium Payment Modes Annual, Semi-annual, Quarterly and Monthly

Minimum Premium

Rs.8,500 p.a. excluding extra premium, modal extra, service tax and education cess

Maximum Premium

No limit (subject to underwriting)

Guaranteed Maturity Sum Assured

Minimum : Rs. 50,000 (subject to ­minimum premium of  Rs. 8,500)

Maximum : No Limit (subject to underwriting)
Guaranteed Maturity Sum  Assured Bands
(Higher Sum Assured offers lower premium rates)

There are five sum assured bands assumed for this product as mentioned in the table below:

Sum Assured Band Sum Assured range (in Rs)
1 50,000 to 249,999
2 250,000 to 499,999
3 500,000 to 999,999
4 1,000,000 to 4,999,999
5 5,000,000 & above

Max Life Insurance Company Limited is a Joint Venture between Max Financial 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

This Life Insurance product is offered and underwritten by Max Life Insurance Co. Ltd. Life Insurance coverage is available in this product. The Life Insurance contract is between the Proposer and Max Life Insurance Co. Ltd.

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.


IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums
  • IRDAI does not announce any bonus

Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

ARN :Max Life/Axis/Website/Content/WLS/ Apr 2016




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