Benefits of Axis Max Life Insurance

Here are the key benefits of Axis Max Life Insurance:

• Financial Protection for Your Family
  Axis Max Bank Life Insurance ensures that your loved ones remain financially secure in your absence. With high coverage at affordable premiums, the policy helps provide a safety net for your family's future, ensuring they can maintain their lifestyle and meet essential expenses.

• Tax Benefits & Savings
  Policyholders can enjoy tax benefits under Sections 80C and 10(10D) of the Income Tax Act. Premiums paid towards the policy qualify for deductions up to ₹1,50,000 annually, and the maturity or death benefits received are also tax-free, helping you save significantly on taxes.

• Long-Term Wealth Accumulation
  Axis Max Life Insurance offers plans that not only provide life cover but also help you build wealth over time. These investment-linked options are ideal for achieving long-term goals like your child’s education, wedding expenses, buying a home, or planning for retirement.

• Flexible Premium Payment Options
  With Axis Max Life, you can choose how often you want to pay your premiums—monthly, quarterly, half-yearly, or annually. This flexibility makes it easier to stay on track with your financial planning without putting unnecessary pressure on your budget.

• A Wide Range of Plans for Every Need
  Whether you are looking for pure protection, savings, retirement planning, or market-linked growth through ULIPs, Axis Max Life Insurance has a variety of plans tailored to different life stages and financial goals. You can choose a policy from Axis Max Bank that fits both your present needs and future aspirations.

• Dual Benefit of Insurance & Investment
  Some life insurance plans come with a combination of life cover and investment opportunities, ensuring that while your family is financially protected, your money grows over time. These plans offer market-linked or guaranteed returns, helping you create a financial cushion for the future.

What Are The Different Types Of Axis Max Life Insurance Plans?

The Axis Max Life Insurance policy list is mentioned below. Take a look and choose the one as per your needs and requirements:

Term Insurance Plan

Max Life Insurance Co. Ltd. offers term insurance plans that offer your family comprehensive protection and financial support after your demise. Following are the best term insurance plans

ULIP Plans

ULIPs are insurance cum investment plans that help to fulfil the goal of wealth generation. The plans offer much-needed flexibility to manage the investment. Below are the ULIP Plans offered by Axis Max Life Insurance Co Ltd.

Pension Plans

Pension plans help the policyholder to save for his/her old age. With the help of these plans, the policyholder can enjoy the golden period of his/her life

How To Buy Axis Max Life Insurance Plans From Policybazaar?

Below are the steps to buy Axis Max Life Insurance Plans from Policybazaar:

• Step 1: Go to the Policybazaar Life Insurance page and select the type of insurance you want to buy between term insurance and investment plan.

• Step 2: Fill in details like Name, Gender, Mobile Number, DOB, and then click on View Term Quotes.

• Step 3: Also fill in your annual income, smoking habits, educational qualification and occupation type, and click ‘View Plans'.

• Step 4: Select Axis Max Life Insurance from the list of insurer options available.

• Step 5: Fill in details, such as full name, occupation, email, yearly income and educational qualification

• Step 6: Fill in your city, pin code and nationality.

• Step 7: Choose your preferred payment option and pay to complete the purchase.

*Note—You can contact Max Life Insurance's customer care service for additional information or to solve queries and doubts. You can also contact Policybazaar's insurance advisors for quick resolution.

How To Renew Axis Max Life Insurance Policy?

Following the steps below, you can easily renew the Axis Max Life Insurance policy and continue enjoying your policy's benefits.

• Step 1: Visit Life Insurance Renewal

• Step 2: Select Axis Max Life Insurance from the list of insurers mentioned

• Step 3: Enter details, like Policy Number and DOB and press on ‘Continue’

• Step 4: Enter the rest of the required details and provide the necessary document if necessary

• Step 5: Pay the premium to renew your policy using modes like net banking, credit card, debit card, or other electronic payment methods

*Note: You can call Axis Max Life Insurance customer care if you need further assistance or have any doubts/queries. You can also use the Axis Max Life Insurance login portal for your Axis Max Life Insurance policy details.

What is the Axis Max Life Insurance App?

The Axis Max Life Insurance App is a convenient mobile platform designed to help policyholders manage their life insurance plans anytime, anywhere. It brings all your policy-related services to your fingertips, saving you time and effort.

Key Features of the app are: 

• View Policy Details: You can easily Check your policy status, sum assured, premium due dates, and maturity details.

• Pay Premiums Online: Make secure premium payments and download receipts instantly.

• Renew or Update Policy: Renew lapsed policies or change the nominee, address, and contact details.

• Download Documents: Access policy statements, payment receipts, and tax certificates anytime.
  Raise Service Requests: Submit queries, request assistance, or connect with customer support without visiting a branch.

How to Use the Axis Max Life Insurance App?

Step 1: Download the Axis Max Life Insurance App from the Google Play Store or Apple App Store.

Step 2: Register using your policy number, registered mobile number, or email ID.

Step 3: Log in securely to access your dashboard.

Step 4: Explore Max Life policy details, pay premiums, view updates, or raise service requests in a few taps.

How to log in to Axis Max Life Insurance Customer Portal

To access our Axis Max Life Insurance policy details, premium payments, statements, and service requests online, you need to log in through the Axis Max Life Customer Portal. Here's a step-by-step guide:

Step 1: Visit the Official Website of Axis Max Life Insurance Company

Step 2: On the top right corner of the homepage, click the 'Login' button.

Step 3: Choose 'Customer' from the list of login options

Step 4: Enter Your Credentials, such as: 

• Policy Number or Registered Email ID/Mobile Number

• Date of Birth (DOB)

• Enter the captcha code displayed

Step 5: You'll receive a one-time password (OTP) on your registered mobile number or email. Enter the OTP to proceed.

Step 6: Once logged in, you can view policy details, make premium payments, update contact information, download premium receipts, and more.

How To Make Axis Max Life Online Premium Payment?

Making your Axis Max Bank Life Insurance premium payment online is a simple and convenient. Here's how you can do it:

• Visit the Axis Max Life Insurance Website

• Click on the “Customer Login” button.

• Enter your credentials (User ID and Password) to access your account. This is your max life insurance login premium payment portal.

• Look for the "Payments" section or select "Pay Premium."

• You can pay for max life insurance premiums online from this section.

• Please enter Your Axis Max Life Insurance policy details, such as your policy number, to proceed.

• Choose your preferred payment method (credit/debit card, net banking, etc.) for max life insurance online payment premium.

• Once the payment is processed, you will receive a confirmation via email or SMS.

How To File Axis Max Life Insurance Claim?

Axis Max Life Insurance provides a convenient and hassle-free claim intimation and settlement procedure. The insurance company processes claims by ensuring that the amount of the claim is received by the family members easily and quickly. A dedicated and committed claims officer is assigned for every Max Life death claim to guide applicants through every phase of the claim procedure. The company has a claim settlement ratio of 99.7 % as per the IRDAI Annual Report 2023-24.

What is the Online Axis Max Life Claim Settlement Process?

Axis Max Life Insurance has three quick and hassle-free claim settlement procedures. The procedure is as follows:

• Step 1: Intimation of Claim
  The nominee should inform the insurance company about the claim in written form. Enter the information about your claim on the official website of Axis Max Life Insurance. Fill in the required information like policy number, claim information, details of a claimant, policyholder details, and contact information of the claimant. The nominee or beneficiary can get the claim intimation form by visiting the nearby Axis Max Life Insurance branch or downloading it from the insurer’s official website.

• Step 2: Documents Submission
  After submitting all the required information, it is important to upload all the documents with the provided details. The nominee is required to provide the insurer with a few documents, such as the death certificate, age of the policyholder, policy documents, and any other documents requested by the insurer.

• Step 3: Settlement of claims
  According to IRDAI, the insurer must settle the Axis Max Life Insurance Claim within 30 days of receiving the submitted documents. However, in some scenarios, the insurer needs further investigation. In these situations, the insurer has to finish the entire process within six months of getting the written intimation notice.

Documents Required to Claim Axis Max Life Insurance

In case of a death claim, the client is required to submit the following documents:

• Attested or original copy of Death certificate that is issued by the local municipal

• NEFT Mandate application attested by the bank personnel

• Cancelled cheque or passbook of bank account

• Death claim form i.e., Form-A

• Photo ID Card of Beneficiary such as passport, Voter ID, PAN card, Aadhar card

Additional Documents

These additional documents are required to submit as per the death cause:

• Natural/Medical Death

• Statement of Attending Physician

• Medical reports such as Discharge or death summary, test reports, admission notes

• Unnatural/Accidental Death

• FIR (First Information Report) or Police Complaint or Panchanama

• Post-mortem report copy, viscera, and Autopsy report

• Charge sheet or Final Police Investigation Report (FPIR)

How to Avoid Axis Max Life Insurance Claim Rejection?

Here are some tips to make sure your life insurance claim doesn't get rejected:

• Provide Accurate Information: Be honest and thorough when disclosing your health, lifestyle habits, and personal details during the application process. Any inaccuracies could lead to claim rejection.

• Promptly File Claims: If you have a claim, notify your insurance provider immediately. Delays in filing could raise suspicions and lead to rejection.

• Timely Premium Payments: Keep your policy active by staying up-to-date with Axis Max Life Insurance premium payments. Failure to pay premiums could result in the policy lapsing, leading to claim denial.

How To Contact Axis Max Life Insurance Customer Care?

You can easily reach out to Axis Max Life Insurance through various channels:

• Digital Servicing Options: You can reach the Max Life customer executives by scanning the QR code on the official website or sending 'Hi' to +91 74283 96005 from your registered mobile number.

• Customer Login Section: Manage your Axis Bank life policy conveniently by logging into the Customer Login section on the Axis Max Life Insurance website.

• Email: For assistance, write to service.helpdesk@maxlifeinsurance.com using your registered email ID. The usual response time is 5 days.

• Customer Service Helpline: For existing customers: Call 1860 120 5577 (Monday to Saturday, 9:00 AM – 6:00 PM) from your registered mobile number.

For NRI customers: Contact +91 11 71025900 or +91 11 61329950 (Available 24x7). You can also email nri.helpdesk@maxlifeinsurance.com.

Axis Max Life Insurance Branch Near Me

You can find the nearest Axis Max Life Insurance branch by using the Axis Max Life Insurance Branch Locator:

• Visit the official Axis Max Life Insurance Branch Locator.

• Enter your city name or PIN code in the search box.

• The website will display the nearest branches with addresses and contact details.

FAQ's