99.70
405 Branches
24 Hours
Axis Max Life Insurance offers a comprehensive range of life insurance policies to secure your future and support your and your family's financial goals. The company holds the highest individual death claim paid ratio among private insurers at 99.70% for FY 2024–25. Here's why choosing Axis Max Life can be a smart financial decision:
As of 3rd June, Axis Max Life’s parent company, Max Financial Services (MFSL), traded at ₹1,561.50 on the NSE, down 2.12% for the day. The stock touched an intraday low of ₹1,561.50. Despite short-term weakness, the company has delivered a 3-year revenue CAGR of 14%, supported by Max Life Insurance’s long-term growth strategy.
The Axis Max Life Insurance Company offers a range of insurance plans to cater to the diverse needs of its policyholders. Let's look at the term plans offered by Axis Life Insurance Company:
Life Insurance Riders or Add-on benefits increase the coverage of your base life insurance policy. Just by paying an additional premium, you can protect your finances, and your family’s financial future. Below are the riders offered by Axis Max Life Insurance Co. Ltd.
| Get your premium for free - if cover till age is 70 and above | Get your premium back at age of |
| Early payout on Terminal illness (free) | Option to skip your premiums (paid) |
| Extra payout on accidental death (paid) | Waiver of Premium (paid) |
Axis Max Life Insurance covers many critical illnesses to provide financial protection to the policyholder and their family against life-threatening medical conditions and serious lifestyle diseases. Critical Illness cover the base life insurance policy and provides complete protection against the uncertainties of life. Illnesses like cancer, stroke, and kidney failure etc. These illnesses can drain all your savings. Below is a list of critical illnesses covered under Axis Max Life's Critical Illness Rider:
Financial experts and insurance advisors recommend that your life insurance coverage should be at least 15 to 20 times your annual income. This ensures your family can sustain their lifestyle, cover liabilities, and meet long-term financial goals, even in your absence.
One can assess ideal coverage using a Human Life Value (HLV). Human Life Value is a financial concept used to calculate the economic worth of an individual's future earning potential. An HLV calculator is a free online tool that automates this calculation. Entering your income, age, liabilities, and expenses, it gives you a precise coverage estimate tailored to your financial profile, making it far more accurate than a simple income multiplier.
For example, if you earn Rs. 20 lakhs per year, you should buy a life insurance plan with a sum assured of Rs. 4 crores. This makes sure that your family can maintain their standard of living and meet day-to-day expenses
Choosing the right amount of coverage is important to make sure that your family has sufficient money to carry on their day-to-day activities. Axis Max Life Insurance has a number of life insurance policies that are designed to meet different insurance needs of different individuals.
Having a right sum assured helps in making sure that the future expenses of your loved ones’, and your outstanding debts are taken care of.
Our term life insurance calculator in india can help you calculate the following:
Axis Max Life Insurance plans are available at low premiums so that a large number of customers can easily buy these plans.
Axis Max life insurance plans provide flexible policy terms to the policyholders so that they can choose it according to their requirements.
Axis Max Life Insurance plans provide a grace period if you miss a premium payment. A grace period of 15 days is available for monthly premium payments, while quarterly, half-yearly, and annual payment modes come with a 30-day grace period.
You can select a premium payment frequency that best suits your financial needs, including monthly, quarterly, half-yearly, or annual options.
Axis Max Life offers a wide range of life insurance solutions designed to cater to individuals across different age groups and life stages.
There are a number of benefits of Axis Max Life Insurance plans. Let’s read more to understand the benefits offered by the company:
InstaClaim in 3 hours
Most insurers promise to settle claims within 30 days (per the IRDAI mandate). Axis Max Life's InstaClaim settles eligible claims within 3 hours, provided the policy has been active for at least 3 years, the claim amount is up to ₹50 lakh, and documents are submitted before 3 PM on a working day at any branch.
Digital Convenience & Wellness Rewards
Axis Max Life Insurance offers a seamless digital experience through its mobile app and online services, allowing policyholders to manage policies, pay premiums, track claims, and access AI-powered support anytime. The insurer also encourages healthier lifestyles through the Max Fit Program, where customers can earn premium discounts of up to 5.7% by completing fitness goals and maintaining healthy habits.
Special Exit Value Benefit
The Special Exit Value benefit allows policyholders to voluntarily terminate their policy at a specific, predetermined time and receive a full refund of all base premiums paid, excluding taxes and rider fees.
Premium Holiday Feature
Axis Max Life's term plans include a Premium Holiday Feature that allows policyholders to skip premium payments twice in a policy year, though this option can only be used again after a gap of at least 10 years.
High Claim Settlement Reliability
Axis Max Life Insurance has maintained a strong and consistent Death Claims Paid Ratio over the last five years, reflecting its focus on fast and dependable claim support for policyholders’ families. For FY 2024–25, the insurer reported a Death Claims Paid Ratio of 99.70%, continuing its steady upward trend from previous years: 99.34% in 2022, 99.51% in 2023, and 99.65% in 2024.
Tax Benefits Under the Income Tax Act
With the Axis Max Life Insurance Policy, one can take tax benefits under
Section 80C: Premiums paid are deductible up to ₹1,50,000 per year
Section 10(10D): Maturity and death benefits are completely tax-free. This makes life insurance both a protection tool and a tax-saving instrument.
Wide Range of Plans
Axis Max Life Insurance offers plans across multiple categories:
Term Insurance – Pure protection at affordable premiums
Savings Plans – Guaranteed returns with life cover
ULIPs – Market-linked growth combined with insurance
Pension Plans – Retirement income planning
Dual Benefit: Insurance + Investment
Certain Axis Max Life plans combine life coverage with investment growth, offering market-linked or guaranteed returns. This ensures your family is financially protected and that your money continues to grow over time. These plans offer market-linked or guaranteed returns, enabling you to build a financial cushion for the future.
The Axis Max Life Insurance Company offers various types of life insurance plans to cater to the diverse needs of its policyholders. Let's look at the term plans offered by Axis Life Insurance Company:
Axis Max Life Insurance Co. Ltd. offers a term insurance plan that offers your family comprehensive protection and financial support after your demise. The following are the Axis Max Life Term Insurance Plans:
| Plan Name | Entry Age (Min-Max) | Maturity Age | Policy Term | Ideal For | Plan USPs |
| Axis Max Life Smart Term Plan Plus | 18 - 65 years | 85years/100 years | 10 years - 82 years | Long-term planners looking for complete protection | Flexibility to choose from 6 plan variants. Exclusive Features for Females, such as Maternity Cover and Female Life Discount of 15% |
| Axis Max Life Smart Secure Plus Plan | 18 years- 65 years | 85 years | 10 years- 67 years | Self-employed individuals and salaried professionals | Return of Premium, Pay till 60 years for a life cover till 85 years Joint Life Benefit |
| Axis Max Life Smart Total Elite Protection Plan | 18 years- 65 years | 85 years | 10 years- 67 years | High-income individuals | High-value protection with enhanced payout features for higher income groups |
| Axis Max Life Saral Jeevan Bima | 18 years- 65 years | 70 years | 5 years- 40 years | Low Income | IRDAI Standard plan |
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.
| Plan Name | Entry Age (Min-Max) | Maximum Maturity Age | Policy Term |
| Axis Max Life Fast Track Super Plan | 91 days- 60 years | 70 years | 10 years for Single Pay/5 Pay and 20 years for Regular Pay |
| Axis Max Life Platinum Wealth Plan | 91 days- 60 years | 70 years | Single Pay: Policy Term of 10 years Limited Pay: Option to choose Policy Term from 10 years to 20 years Regular Pay: Option to choose Policy Term from 10 years to 20 years |
| Axis Max Life Flexi Wealth Plus | 91 days-70 years | 85years/100 years | Wealth Variant:10 to 67 years (pick a policy term) Whole life variant:100-Entry Age |
| Axis Max Life Online Savings Plan | Minimum: 18 years Maximum: Variant 1: 60 years Variant 2: 54 years |
Variant 1: 85 Years Variant 2: 64 years |
Variant 1:Minimum 5 years; Maximum 52 years for Maturity Age <=70 Years Minimum 10 years; Maximum 67 years for Maturity Age > 70 years Variant 2:Minimum – 5 years; Maximum – 30 years |
| Axis Max Life Shiksha Plus Super | 21-47 years | 65 years | 10 years for 5 years and 15-25 years for regular pay |
| Axis Max Life Smart Flexi Protect Solution | 18-50 years | – | – |
| Axis Max Life Flexi Wealth Advantage Plan | 91 days-70 years | 100 years | 10-30 years |
| Axis Max Life Capital Guarantee Solution | 18-60 years | 70 years | 10-30 years |
| Axis Max Life Smart Global Investment Fostering Tomorrow Plan | 31 days - 65 years | 100 years | 5-30 years |
| Fund Name | NAV  |
AUM |
5 Yr Returns |
10 Yr Returns |
|---|---|---|---|---|
| Axis Max Life Balanced Fund | ₹77.04 | ₹1980 Cr | 6.89% | 8.26% |
| Axis Max Life Growth Fund | ₹107.79 | ₹6428 Cr | 7.46% | 9.11% |
| Axis Max Life High Growth Fund | ₹121.03 | ₹13736 Cr | 19.05% | 18.34% |
| Axis Max Life Secure Fund | ₹47.17 | ₹1080 Cr | 5.65% | 6.55% |
| Axis Max Life Conservative Fund | ₹57.84 | ₹188 Cr | 5.77% | 6.89% |
| Axis Max Life Secure Plus Fund | ₹33.56 | ₹188 Cr | 5.34% | 6.72% |
| Axis Max Life Dynamic Bond Fund | ₹13.63 | ₹39 Cr | 5.32% | - |
| Axis Max Life Money Market II Fund | ₹13.1 | ₹105 Cr | 5.13% | - |
| Axis Max Life Sustainable Equity Fund | ₹16.99 | ₹590 Cr | - | - |
| Axis Max Life Pure Growth Fund | ₹16.59 | ₹514 Cr | - | - |
| Axis Max Life SmallCap Quality Index Fund | ₹12.99 | ₹1274 Cr | - | - |
| Axis Max Life Midcap Momentum Index Fund | ₹12 | ₹1252 Cr | - | - |
| Axis Max Life Nifty Alpha 50 Fund | ₹9.88 | ₹729 Cr | - | - |
| Axis Max Life Nifty 500 Momentum 50 Fund | ₹8.34 | ₹273 Cr | - | - |
| Axis Max Life Nifty Momentum Quality 50 Fund | ₹9.72 | ₹148 Cr | - | - |
| Axis Max Life Pension Balanced | ₹52.99 | ₹47 Cr | 6.8% | 8.36% |
| Axis Max Life Pension Conservative | ₹44.68 | ₹3 Cr | 5.68% | 6.93% |
| Axis Max Life Pension Growth | ₹69.66 | ₹206 Cr | 8.23% | 9.56% |
| Axis Max Life Pension Growth Super | ₹58.26 | ₹219 Cr | 14.24% | 14.3% |
| Axis Max Life Pension Secure | ₹39.76 | ₹22 Cr | 5.1% | 6.02% |
| Axis Max Life BSE 500 Value 50 Index Fund | ₹11.5 | ₹138 Cr | - | - |
| Axis Max Life Smart Innovation Fund | ₹11.16 | ₹71 Cr | - | - |
| Axis Max Life High Growth Pension Fund | ₹10.31 | ₹29 Cr | - | - |
| Axis Max Life BSE 500 Dividend leaders 50 Index Fund | ₹10.44 | ₹94 Cr | - | - |
| Axis Max Life High Growth Fund II | ₹10.52 | ₹117 Cr | - | - |
| Max New York Life Super Growth | ₹79.22 | ₹11448 Cr | 9.33% | 12.13% |
| Max New York Life Guaranteed Dynamic | ₹35.23 | ₹2 Cr | 5.11% | 6.35% |
| Max New York Life Pension Maximiser Fund | ₹32.75 | ₹426 Cr | 7.83% | 9.1% |
| Max New York Life Pension Preserver Fund | ₹26.29 | ₹67 Cr | 5.44% | 6.79% |
| MAX life Diversified Equity Fund | ₹29.8 | ₹3332 Cr | 12.83% | - |
| Max New York Life Dynamic Opportunities | ₹52.68 | ₹326 Cr | 8.36% | 9.54% |
| Max New York Life Money Market | ₹23.98 | ₹5 Cr | 4.81% | 4.64% |
| Max Life Discontinuance Fund Individual | ₹21 | ₹5460 Cr | 5.35% | - |
| Max Life Discontinuance Fund Pension | ₹21.15 | ₹157 Cr | 5.21% | - |
| Max Life Group Growth Fund | ₹65.08 | ₹64 Cr | 9.42% | - |
| Max Life Group Balance Fund | ₹58.43 | ₹116 Cr | 7.37% | - |
| Max Life Group Conservative Fund | ₹43.84 | ₹99 Cr | 5.92% | - |
| Max Life Group Bond Fund | ₹23.42 | ₹27 Cr | 5.73% | - |
| Max Life Group Superannuation Plan - Conservative Fund | ₹31.3 | ₹1 Cr | 5.05% | - |
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
| Plan Name | Entry Age | Vesting Age | Annuity Amount** |
| Axis Max Life Smart Wealth Annuity Guaranteed Pension Plan | 25-85 years | 25year 1month - 97 years | The minimum annuity allowed is Rs. 12,000 annually, Rs. 6,000 semi-annually, Rs. 3,000 quarterly, or Rs. 1,000 monthly. |
| Axis Max Guaranteed Lifetime Income Plan | 0 years for an immediate annuity; 30 years for deferred annuity- 80 years | 90 years | Minimum: Rs. 12,000 per annum or Rs. 1,000 per month |
| Axis Max Life Forever Young Pension Plan | 18-70 years | 40-80 years | – |
| Axis Max Saral Pension Plan | 40 -80 years | – | The minimum annuity allowed is Rs. 12,000 annually, Rs. 6,000 semi-annually, Rs. 3,000 quarterly, or Rs. 1,000 monthly. |
The minimum annuity is in accordance with the Minimum Limits for Annuities and other Benefits Regulations, 2015
Axis Max Life Term Insurance for NRIs is designed for those Indians who are living abroad and want to secure their family’s future back home. The plan offers flexible policy terms, online buying, and coverage that continues worldwide. Even if you're away from India for years, your family can rely on this plan’s financial protection. Axis Max Life Insurance is open to Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs) who want to secure long-term financial protection for their families back home.
You will need to submit the below documents to buy Axis Max Life Term Insurance as an NRI,
Front and back side of Passport
Valid visa
Latest entry-exit stamp
Recent photograph
Overseas address proof
Employment ID
Bank statements of last 6 months
Salary slips of last 3 months
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: From the list of insurers, choose Axis Max Life Insurance.
Step 5: Fill your full name, your occupation, your email, your yearly income and your educational qualification
Step 6: Also, mention your city, pin code and nationality.
Step 7: Select your preferred payment method and complete the purchase by paying.
*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.
Lowest Price Guarantee
Up to 15% Online Discount
Dedicated Claim Support
100% Calls Recorded for Transparency
Advisors Available in 110+ Cities
Axis Max Life Insurance is ideal for young professionals seeking affordable, early-locked premiums, parents requiring dedicated child and savings plans, and business owners. It is also highly beneficial for women, offering special premium discounts and comprehensive coverage.
Salaried professionals
Great for people with fixed incomes, home loans, or EMIs who want a lot of life insurance for a low cost and flexible payout options.
People who own a business
Good for people with variable incomes who need flexible ways to pay their premiums and more coverage to protect their family and business from debt.
Young people getting their first term plan
A good choice for people just starting out in their careers who want to lock in low premiums and get long-term coverage before they have to take on big responsibilities in life.
NRIs who have dependents in India
Good for NRIs who want to cover the whole world and have a safe way to protect their family members' money in India.
Parents making plans for their child's schooling
Axis Max Life Insurance is suitable for parents who want to create a separate education fund for their children and secure their future dreams even in their absence.
Follow the below steps to renew the Axis Max Life Insurance policy:
Step 1: Click on Life Insurance Renewal
Step 2: Choose from the list of insurers mentioned, select Axis Max Life Insurance
Step 3: Enter your Policy Number and DOB and click ‘Continue’
Step 4: Fill out rest of the information and send the required documents
Step 5: To keep your policy active, pay the premium. You can pay your premium online through net banking, credit card, debit card, or other electronic payment methods
*Note: If you need more help or have any other questions you can contact the Axis Max Life Insurance customer care. You can also get the information of your Axis Max Life policy details you can go to Axis Max Life Insurance policy details.
The Axis Max Life Insurance App is a mobile app. It is meant to help people manage their life insurance policies and view their policy details. It also helps in making online payments and purchasing new plans. Key Features of the Axis Max app are:
You can check your policy details, download essential documents, track claims and pay renewals without any hassle.
Easily browse and buy plans across term, savings, ULIP and retirement categories directly through the app.
The app allows the policyholder to use health assessments, track their activity and collect wellness rewards linked to their fitness efforts.
Get quick help from the AI-based MILI assistant or switch to live chat when you need a human touch.
One can handle everything from your phone anytime, with round-the-clock access to all services.
The Axis Max Life Insurance app allows you to manage policies, pay premiums, and track wellness goals on the go. You can use the Max Life Insurance app by following the steps below
Step 1: You need to first download the Axis Max Life Insurance App from the Google Play Store or Apple App Store.
Step 2: After downloading it, sign-up in the app by using your policy number, registered mobile number, or email ID.
Step 3: Log in securely to access your dashboard.
Step 4: After logging in, you can check the policy details, pay the premiums, raise a complaint and manage your policy easily
Follow the steps below to login to Axis Max Life Insurance account.
Step 1: Go to the Axis Max Life Insurance Company’s official website
Step 2: Click the 'Login' button, that is available on the top right corner of the homepage
Step 3: From the login options available, choose 'Customer'
Step 4: Enter Your Credentials, such as: the Policy Number or Registered Email ID/Mobile Number and Date of Birth (DOB). After this enter the captcha code displayed
Step 5: You will get a one-time password (OTP) on your registered mobile number or email. Enter the OTP to proceed.
Step 6: After logging in, you can access the policy details, make premium payments, update contact information, download your premium receipts, and more.
Follow the below steps to renew the Axis Max Life Insurance policy:
Step 1: Click on Life Insurance Renewal
Step 2: Choose from the list of insurers mentioned, select Axis Max Life Insurance
Step 3: Enter your Policy Number and DOB and click ‘Continue’
Step 4: Fill out rest of the information and send the required documents
Step 5: To keep your policy active, pay the premium. You can pay your premium online through net banking, credit card, debit card, or other electronic payment methods
*Note: If you need more help or have any other questions you can contact the Axis Max Life Insurance customer care. You can also get the information of your Axis Max Life policy details you can go to Axis Max Life Insurance policy details.
Paying the premiums for your Axis Max Bank Life Insurance policy is very easy. Here's how you can make an Axis Max Life Insurance Online payment:
Step 1: Go to the Axis Max Life Insurance Website
Step 2: Click on the “Customer Login” button.
Step 3: Enter your credentials (User ID and Password) to access your account. This is your max life insurance login premium payment portal.
Step 4: Look for the "Payments" section or select "Pay Premium." You can pay for max life insurance premiums online from this section.
Step 5: Enter Your Axis Max Life Insurance policy details, such as your policy number, to proceed.
Step 6: Choose your preferred payment method (credit/debit card, net banking, etc.) for the Max Life Insurance online payment premium.
Step 7: Once the payment is processed, you will receive a confirmation via email or SMS.
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 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 Axis Max Life Insurance Co. Ltd. has a claim settlement ratio of 99.7% as per the IRDAI Annual Report 2023-24.
Axis Max Life Insurance Company offers a quick, hassle-free claim settlement process. 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: Submit the Documents
You or your nominee need to upload the important 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.
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
Other than the above documents, the insurer may ask for additional documents suc as: These additional documents are required to submit as per the cause of death:
Medical / Natural Death: Attending Physician's Statement (Form C), and complete medical records, including admission notes, discharge/death summary, and test reports.
Accidental / Unnatural Death: Copy of the FIR/Police complaint, Post Mortem Report (PMR)/Autopsy, and Final Police Investigation Report (FPIR) / Charge Sheet.
Here are some tips to make sure your life insurance claim doesn't get rejected:
Give Correct 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.
File Claims right away: If you have a claim, notify your insurance provider immediately. Delays in filing could raise suspicions and lead to rejection.
Pay premiums on time: 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.
Understand the reasons for Axis Max Life Insurance Claim Rejection to effectively improve the chances of an easier Max Life claim settlement.
You can get in touch with Axis Max Life Insurance customer care through various channels:
You can get in touch with Max Life customer service by scanning the QR code on the official website or sending a text message to +91 74283 96005 from your registered mobile number.
Manage your Axis Bank life policy conveniently by logging into the Customer Login section on the Axis Max Life Insurance website.
For assistance, write to service.helpdesk@maxlifeinsurance.com using your registered email ID. The usual response time is 5 days.
For existing customers: Call 1860 120 5577 (Monday to Saturday, 9:00 AM – 6:00 PM) from your registered mobile number.
If you are an NRI customer, you can contact +91 11 71025900 or +91 11 61329950 (Available 24x7). You can also email nri.helpdesk@maxlifeinsurance.com.
You can also contact Axis Max Life Insurance for your claims-related queries through their multiple support channels:
Email Support: claims.support@axismaxlife.com
Customer Care Helpline: 1860-120-5577
Claims Support Numbers: +91 74289 89574 / +91 74289 89554
Landline Support: 0124-4219090 (Ext. 9699)
WhatsApp Assistance: +91 74289 89574
Group Claims Helpdesk: +91 74289 89590
Customer Support Hours: Monday to Saturday, 9:30 AM to 6:30 PM (excluding public holidays).
To locate the nearest Axis Max Life Insurance branch, you can use the Axis Max Life Insurance Branch Locator available on their official website.
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.
Official Page: Axis Max Life Insurance Limited
With 412K+ followers, Axis Max Life Insurance uses LinkedIn to share company updates, insurance insights, career opportunities, financial awareness content, and industry news. Users can engage by commenting on posts and following the page for updates and job opportunities.
Official Page: @axis_max_life_insurance
With 300K+ followers and over 1,600 posts, Axis Max Life Insurance shares insurance awareness content, campaign highlights, financial tips, and customer engagement posts on Instagram. Users can connect through Direct Messages (DMs), comments, and story replies for general queries and support.
Official Page: Axis Max Life Insurance
With around 900K followers, Axis Max Life Insurance regularly shares customer-focused campaigns, financial planning tips, product information, and awareness content on Facebook. Users can connect through Facebook Messenger or comments for assistance and support.
Official Channel: Axis Max Life Insurance (@axismaxlifeinsurance)
With 75K+ subscribers and over 729 videos, Axis Max Life Insurance uploads insurance awareness videos, customer stories, financial planning tips, and product explainers on YouTube. Users can post queries and feedback through the comments section and explore official support details in the channel’s About section.
Yes, Axis Max Life Insurance is a good insurance company to choose in 2026. Here is an honest review of Axis Max Life Insurance, backed by IRDAI and ICRA data, showing that the company has consistently delivered on its promises.
Claim performance: The company has improved its individual death claim paid ratio each year for 5 consecutive years, reaching a record 99.70% in FY 2024–25. Its InstaClaim service settles eligible claims within 3 hours, among the fastest claim settlement turnarounds offered by large private insurers in India.
Financial strength: Axis Max Life holds a solvency ratio of 201% as of March 2025 (regulatory minimum: 150%), following a ₹1,612 crore capital infusion by Axis Bank in April 2024. ICRA has reaffirmed its credit rating with a Stable outlook, citing the company's established distribution network and consistent mortality experience.
Market position: It ranks among the top four private life insurers by individual adjusted first-year premium, with a 7% market share in the first half of FY2026. It is also the third-largest private insurer by individual sum assured written.
Customer satisfaction: Ranked among the top private life insurers in customer satisfaction studies, such as Hansa Research Life Insurance CuES 2026.
Policybazaar’s Take:
If claim reliability and financial stability are your top priorities when choosing a term plan, Axis Max Life is among the best-positioned private insurers in India right now. The 0% GST on individual life insurance premiums (effective September 22, 2025) makes 2026 a particularly good time to lock in a plan.
˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.
Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.
Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.
+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.
+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.
+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. ₹361/month is the starting price for a ₹1 crore loan cover with an 8% interest rate for an 18-year-old male, non-smoker, with no pre-existing diseases, loan tenure up to 20 years, rounded off to the nearest 10
+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.
+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
Women
+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.
Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.
1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.
Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited
We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale
Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.
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