99.78
405 Branches
3 Hours
Axis Max Life Insurance Ltd. began as Max New York Life in 2000–01, became Max Life Insurance Co. Ltd., and was renamed Axis Max Life Insurance Limited in December 2024 after Axis Bank became a strategic partner. Existing Max Life policies continue unchanged, with the same benefits and policy numbers
The company's corporate office is at 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram, Haryana 122002. Its IRDAI registration number is 104.
Axis Max Life Insurance offers a range of life insurance plans to meet different financial protection needs. Here are some key reasons to consider the insurer:
Axis Max Life Insurance isn't listed on the stock exchanges. Its listed parent is Max Financial Services Ltd (MFSL), which trades on the NSE and BSE. If you're searching for the Axis Max Life share price, you're looking for MFSL's share price.
For large covers, how an insurer handles big claims matters most. Across the industry in FY2024-25, insurers repudiated about 1% of individual death claims by number but 2.74% by amount, and the average repudiated claim was about ₹9.1 lakh, nearly three times the average claim paid (IRDAI Annual Report 2024-25).
| Parameters | Axis Max Life (FY2025-26) |
| Individual death claims paid | 20,529 claims |
| Amount paid | ₹1,641 crore |
| Claims paid ratio | 99.80% |
Average claim calculated from each source's totals. Sources: Axis Max Life press release.
Axis Max Life's individual death claims paid ratio has risen almost every year:
| Financial year | Individual death claims paid ratio |
| FY2020-21 | 99.35% |
| FY2021-22 | 99.34% |
| FY2022-23 | 99.51% |
| FY2023-24 | 99.65% |
| FY2024-25 | 99.70% |
| FY2025-26 | 99.80% |
Sources: IRDAI
Partly. Max Life Insurance and Axis Bank are partners: Max Financial Services Ltd holds the majority stake in Axis Max Life, and Axis Bank and its subsidiaries hold the rest. That's why many people search for Axis Bank life insurance or Axis Bank term insurance: Axis Bank sells Axis Max Life's policies through its branches, but the policies are issued by Axis Max Life Insurance.
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 offers the critical illness rider, which provides coverage for up to 64 major and minor conditions, including cancer, first heart attack, stroke, kidney failure, and organ transplants. The critical illness rider enhances the base life insurance policy and provides complete protection against the uncertainties of life. Below is a list of critical illnesses covered under Axis Max Life's Critical Illness Rider:
Human Life Value (HLV) is a useful online tool that helps the policyholder calculate how much life insurance coverage will you need to ensure your loved ones' financial security in your absence. Many Insurance experts usually recommend that your life insurance cover should be at least 15 to 20 times your annual income.
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 is advisable. This makes sure that your family can maintain their standard of living and meet day to day expenses.
You can use the HLV calculator to simplify this process. This online tool is designed to help you calculate your liabilities, investments and income-related expenses, to estimate your ideal insurance coverage. It helps you find out how much your family would need to live comfortably if you were gone.
Choosing the right amount of coverage is important to ensure your family has sufficient funds to carry on with their day-to-day activities. Axis Max Life Insurance has a number of life insurance policies that are designed to meet the different insurance needs of different individuals.
Having the right sum assured helps ensure that your loved ones' future expenses and your outstanding debts are covered.
Our term life insurance calculator in india can help you calculate the following:
₹1 crore cover till age 60, healthy non-smoking salaried man, Smart Term Plan Plus, monthly premium.
| Age at purchase | Monthly premium | Years of cover | Total premiums paid |
| 25 | ₹ 719 | 35 | ₹3,01,980. |
| 30 | ₹ 794 | 30 | ₹2,85,840 |
| 35 | ₹ 970 | 25 | ₹2,91,000 |
| 40 | ₹ 1321 | 20 | ₹3,17,040 |
| 45 | ₹ 2053 | 15 | ₹3,69,540 |
Policybazaar quotes as of 14th October, 2026. Final premium depends on health, occupation and underwriting. Individual term premiums carry 0% GST since 22 September 2025.
What to highlight: how much more a 40-year-old pays in total than a 25-year-old, for 15 fewer years of cover.
₹1 crore cover till 60, age 30, Smart Term Plan Plus, monthly premium.
| Profile | Monthly premium |
| Base: man, non-smoker, salaried, resident | ₹ 794 |
| Woman, non-smoker, salaried | ₹ 675 |
| Man, smoker, salaried | ₹ 1,215 |
| Man, non-smoker, self-employed | ₹ 871 |
| Man, non-smoker, NRI | ₹ 675 |
Term Plans
Axis Max Life Insurance plans are available at low premiums, making it easy for many customers to buy them.
Axis Max Life Insurance plans offer flexible policy terms, allowing policyholders to choose them according to their requirements.
Axis Max Life Insurance plans offer a grace period for missed premium payments. A 15-day grace period is available for monthly premium payments, while quarterly, half-yearly, and annual payment modes have 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.
Axis Max plans like the Smart Secure Plus Plan offer 7 cover variants, allowing you to customize your coverage for lump-sum payouts, monthly income, or both.
The provider offers lower premium rates (up to 15% off) and additional coverage benefits, such as maternity cover and lifeline plus options, specifically for women policyholders.
Axis Max offers waiver of premium & joint-life options, where you can waive future premiums in case of total permanent disability or diagnosis of critical illness and cover your spouse under the same plan.
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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.
Digitisation & Wellness Rewards
Axis Max Life Insurance has an easy digital experience for policyholders to manage their policies, pay premiums, track claim status and get AI-based assistance 24x7 through its mobile app and website. The insurance company also encourages healthy living through the Max Fit Program, which provides customers with an opportunity to lower their premiums by accomplishing fitness goals and leading a healthy lifestyle, with a 5.7% discount.
Special Exit Value Advantage
The Special Exit Value allows the policyholder the option to discontinue the policy after a certain period and receive a complete refund of the base premiums paid (after tax and rider charges), as predetermined.
Holiday Premium Benefit
One of the best features offered by Axis Max Life in its term plans is the Premium Holiday. Under this feature, the policyholder can skip two premium payments within the policy year but not before 10 years of the previous use.
Reliability of High Claim Settlement
Axis Max Life Insurance Company has consistently maintained a high Death Claims Paid Ratio for the past 5 years, demonstrating its commitment to providing quick and reliable claim support to the families of policyholders. The insurer posted a Death Claims Paid Ratio of 99.80% in FY 2025-26, following its rising trend of 99.34% in 2022, 99.51% in 2023 and 99.65% in 2024.
Tax Benefits Under the Income Tax Act
One can avail tax benefits on an Axis Max Life Insurance Policy under a Term life insurance policy, which offers tax benefits up to ₹1.5 lakh per annum on the premium paid if one opts for the old tax regime under Section 80C of the Income Tax Act 1961 (Section 123 of the new Income Tax Act 2025). Also, the death benefit received by the nominee on a term insurance plan is tax-free under Section 10(10D), subject to the applicable conditions.
Wide Range of Plans
The following categories of plans are available for Axis Max Life Insurance:
Term Insurance – Pure protection at affordable premium
Savings Plans – Guaranteed return life insurance
ULIP – Insurance with market-linked return
Pension Plans – Income planning for your retirement
Dual Benefit: Insurance + Investment
Some of the Axis Max Life plans provide a mix of life coverage and investment growth with the option of market-linked or guaranteed returns. This ensures that your family is financially provided for and that your money continues to grow over time. These plans offer market-linked or assured returns that can help you build a financial safety net 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:
Let’s understand Axis Max term plan in detail:
The Axis Max Life Smart Term Plan Plus is a pure-risk life insurance policy offering high coverage up to age 85 (and up to 100 years on select variants).
Key Features of Axis Max Smart Term Plan Plus
The Key Features of Axis Max Smart Term Plan Plus are as follows:
Plan Variants: Choose from 7 different cover variants, including Regular Cover, Income Protection, and Return of Premium (ROP).
Cover Continuance: Allows you to defer due premiums for up to 12 months in financial emergencies while maintaining full risk cover.
Special Exit Value: An in-built "zero cost" feature that lets you get back all base premiums paid if you exit the policy from the 30th year onward (conditions apply).
The Axis Max Life Smart Secure Plus Plan is a customizable plan that offers comprehensive life coverage up to age 85, high claim settlement, and special riders for critical illness and accidental disability.
Key Features of Axis Max Smart Secure Plus Plan
Terminal Illness Benefit: If you are diagnosed with a terminal illness, you will receive a lump sum of up to 1 Crore during the policy term, without having to pay any extra premiums.
Special Exit Value: Policyholders can cancel their policy at a specified time in the term and get all premiums paid back in full at no cost (if the ROP option is not selected).
Premium Break Option: Allows you to have no premium payments for up to a year when you are experiencing financial difficulties, while still maintaining coverage.
Axis Max Life Smart Total Elite Protection Plan is a pure-risk term insurance plan that offers comprehensive life cover, a special exit value, immediate InstaClaim payouts, and a Cover Continuance Benefit allowing a 12-month premium deferral.
Key Features of Axis Max Life Smart Total Elite Protection
Terminal Illness Benefit: The sum insured will be paid immediately upon diagnosis of a terminal illness, up to 1 Cr, without any extra premium.
Special Exit Value: Get back all paid premiums (except last 4 years) from the 30th policy year without any extra cost.
Cover Continuance Benefit: Allows you to stop paying premiums without losing full cover for up to 12 months (after 3 consecutive policy years).
The Axis Max Life Saral Jeevan Bima is a standardized term life insurance plan designed to provide affordable financial security to your family.
Key Features of Axis Max Saral Jeevan Bima:
Coverage for All Individuals: Acquire life insurance cover for any education, occupation, gender or location.
Flexible Premium Payment Options: Regular Pay, Limited Pay or Single Pay options; all can be selected to suit your needs.
Long-term Life Cover: Cover yourself up to age 70 with terms from 5 to 40 years.
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 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 |
| Fund Name | NAV  |
AUM |
5 Yr Returns |
10 Yr Returns |
|---|---|---|---|---|
| Axis Max Life Balanced Fund | ₹77.97 | ₹1789 Cr | 5.84% | 7.64% |
| Axis Max Life Growth Fund | ₹107.55 | ₹5890 Cr | 5.52% | 8.41% |
| Axis Max Life High Growth Fund | ₹119.46 | ₹15356 Cr | 18.21% | 18.4% |
| Axis Max Life Secure Fund | ₹47.96 | ₹1027 Cr | 5.41% | 5.95% |
| Axis Max Life Conservative Fund | ₹58.53 | ₹173 Cr | 5.3% | 6.27% |
| Axis Max Life Secure Plus Fund | ₹33.99 | ₹145 Cr | 5.08% | 6.08% |
| Axis Max Life Dynamic Bond Fund | ₹13.92 | ₹38 Cr | 5.22% | - |
| Axis Max Life Money Market II Fund | ₹13.39 | ₹122 Cr | 5.4% | - |
| Axis Max Life Sustainable Equity Fund | ₹17.5 | ₹639 Cr | - | - |
| Axis Max Life Pure Growth Fund | ₹16.19 | ₹580 Cr | - | - |
| Axis Max Life SmallCap Quality Index Fund | ₹12.81 | ₹1343 Cr | - | - |
| Axis Max Life Nifty Alpha 50 Fund | ₹10.06 | ₹909 Cr | - | - |
| Axis Max Life Nifty 500 Momentum 50 Fund | ₹8.22 | ₹324 Cr | - | - |
| Axis Max Life Smart Innovation Fund | ₹11.45 | ₹91 Cr | - | - |
| Axis Max Life India Consumption Opportunities Fund | ₹8.91 | ₹54 Cr | - | - |
| Axis Max Life High Growth Fund II | ₹10.92 | ₹356 Cr | 18% | 18.4% |
| Max New York Life Super Growth | ₹78.79 | ₹10550 Cr | 6.15% | 11.42% |
| Max New York Life Guaranteed Dynamic | ₹35.18 | ₹2 Cr | 4.29% | 5.71% |
| Max New York Life Pension Balanced | ₹53.48 | ₹44 Cr | 5.21% | 7.74% |
| Max New York Life Pension Conservative | ₹45.15 | ₹4 Cr | 5.21% | 6.28% |
| Max New York Life Pension Growth | ₹69.24 | ₹189 Cr | 6.3% | 8.94% |
| Max New York Life Pension Growth Super | ₹57.65 | ₹210 Cr | 8.59% | 12.9% |
| Max New York Life Pension Secure | ₹40.45 | ₹22 Cr | 4.87% | 5.44% |
| Max New York Life Pension Maximiser Fund | ₹32.64 | ₹377 Cr | 6.04% | 8.33% |
| Max New York Life Pension Preserver Fund | ₹26.56 | ₹52 Cr | 4.83% | 6.13% |
| MAX life Diversified Equity Fund | ₹29.86 | ₹3376 Cr | 9.51% | - |
| Max New York Life Dynamic Opportunities | ₹52.74 | ₹317 Cr | 6.66% | 8.99% |
| Max New York Life Money Market | ₹24.4 | ₹5 Cr | 4.98% | 4.6% |
| Max Life Discontinuance Fund Individual | ₹21.44 | ₹5576 Cr | 5.38% | - |
| Max Life Discontinuance Fund Pension | ₹21.58 | ₹140 Cr | 5.22% | - |
| Max Life Group Growth Fund | ₹64.87 | ₹82 Cr | 7.52% | - |
| Max Life Group Balance Fund | ₹58.88 | ₹120 Cr | 6.39% | - |
| Max Life Group Conservative Fund | ₹44.59 | ₹140 Cr | 5.75% | - |
| Max Life Group Bond Fund | ₹23.84 | ₹26 Cr | 5.57% | - |
| Max Life Group Superannuation Plan - Conservative Fund | ₹31.57 | ₹1 Cr | 4.7% | - |
| Axis Max Life High Growth Pension Fund | ₹10.49 | ₹43 Cr | 18.21% | 18.4% |
| Axis Max Life BSE 500 Value 50 Index Fund | ₹10.54 | ₹185 Cr | - | - |
| Axis Max Life Sustainable Wealth 50 Index Pension Fund | ₹10.5 | ₹7 Cr | - | - |
Let’s explore more about Axis Max ULIP Plans:
It is a unit-linked insurance plan (ULIP) that combines life protection with market-linked wealth creation. The plan allows you to invest as per your risk preference, build long-term savings and secure your family’s financial goals with flexible investment and withdrawal options.
Key Features of Axis Max Life Flexi Wealth Plus Plan:
Market-Linked Investment Options: Choose from 23 funds and 5 investment strategies based on your financial goals and risk appetite.
Wealth Boosting Benefits: Grow your fund value with Guaranteed Loyalty Additions, Guaranteed Wealth Boosters and Return of Mortality Charges.
Flexible Withdrawals & Switching: Make partial withdrawals after the lock-in period and switch funds anytime without charges.
Axis Max Life Online Savings Plan is a unit-linked insurance plan (ULIP) designed to help individuals build long-term wealth while providing life insurance protection.
Key Features of Axis Max Life Online Savings Plan:
Wide Range of Fund Options: Choose from 25+ funds and investment strategies to match your risk profile and wealth goals.
Zero Allocation & Administration Charges: Grow your investment without any policy administration or premium allocation charges.
Unlimited Free Fund Switching: Move between equity and debt funds anytime to manage your investments based on market conditions.
A unit-linked child insurance plan designed to help parents build a financial fund for their child’s education and future goals. The plan combines market-linked investment opportunities with life protection, ensuring financial support for your child even in your absence.
Key Features of Axis Max Life Shiksha Plus Super Plan:
Child Education Protection: Secure your child’s future with policy continuance benefits in case of the parent’s unfortunate demise.
Multiple Fund Options: Choose from 18+ fund options across equity, debt and money market instruments based on your goals.
Guaranteed Loyalty Additions: Receive additional units added to your fund every year from the end of the 11th policy year.
Axis Max Pension Plans are designed to help you build a secure corpus during your working years and provide guaranteed, lifelong income post-retirement. Below are the pension plans offered by Axis Max Life Insurance
| Plan Name | Entry Age | Vesting Age | Minimum Premium |
| Axis Max Life Smart Wealth Annuity Guaranteed Pension Plan | 25-85 years | 25year 1month - 97 years | The minimum premium 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 | 25-85 years | 10- 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 | For Single Pay: Rs 1,00,000
For Regular Pay and Limited Pay: Rs 24,000 per annum |
| Axis Max Life Flexi Wealth Advantage Plan | 91 days- 65 years | - | - |
Let’s understand more about Axis Max Pension Plans:
It is an annuity savings plan designed to provide a guaranteed regular income after retirement. The plan allows policyholders to secure lifelong income by locking in annuity rates at the time of purchase, along with flexible premium and return of premium options.
Key Features of Axis Max Life Smart Wealth Annuity Guaranteed Pension Plan are:
Guaranteed Regular Income: The plan helps you secure predictable income after retirement with multiple annuity options.
Increasing Annuity Option: Choose growing income variants to help manage the impact of inflation.
Return of Premium Benefit: Get partial or complete premium refund options on death or selected age milestones.
Axis Max Life Guaranteed Lifetime Income Plan is a non-linked, non-participating individual annuity savings plan designed to help individuals secure a guaranteed income stream during retirement. The plan offers immediate and deferred annuity options, allowing policyholders to start income immediately or lock in annuity rates today for future retirement needs.
Key Features of Axis Max Guaranteed Lifetime Income Plan:
Guaranteed Lifetime Income: Receive regular income for life with single life or joint life annuity options.
Deferred Annuity Option: Start planning early and lock in current annuity rates for future guaranteed income.
Spouse Income Continuation: Under the joint life annuity option, the spouse can continue receiving income after the policyholder’s demise.
Axis Max Life Forever Young Pension Plan is a unit-linked, non-participating individual pension plan designed to help individuals build a retirement corpus through market-linked investments. The plan offers multiple fund options, corpus enhancement opportunities and additional benefits to secure the financial future of the policyholder and their spouse.
Key Features of Axis Max Life Forever Young Pension Plan:
Market-Linked Retirement Corpus: Build a retirement fund by investing across 10+ fund options based on your financial goals.
Corpus Enhancement Option: Increase your retirement savings through top-up premiums during the policy term.
Spouse Protection Benefit: Secure your partner’s financial future with the Partner Care Rider.
Axis Max Life Flexi Wealth Advantage Plan is a unit-linked plan designed to help individuals create long-term wealth while providing life protection. The plan offers multiple investment options, wealth enhancement benefits and flexibility to align investments with changing financial goals.
Key Features of Axis Max Life Flexi Wealth Advantage Plan
Return of Charges at Maturity: Get eligible ULIP charges added back to your fund value at maturity, as per the selected variant and premium amount.
Smart Withdrawal Option: Create a secondary income stream by making systematic withdrawals under the Whole Life variant.
Guaranteed Loyalty Additions: Receive additional fund value benefits from the 8th policy year onwards, based on the applicable premium band.
The minimum annuity is in accordance with the Minimum Limits for Annuities and other Benefits Regulations, 2015
| You are… | Why Axis Max Life may suit you |
| A salaried professional with a home loan or EMIs | High cover at a reasonable cost, with flexible payment terms |
| A business owner with variable income | Several premium payment options, and higher cover to protect your family from business debt |
| Young and buying your first term plan | Low premiums locked in early, with long cover |
| A woman buyer | Up to 15% lower premiums, plus options like Lifeline Plus |
| An NRI with family in India | Worldwide cover and online buying |
| A parent planning for your child's education | A separate fund for your child, protected even if you're not there |
Start with your goal: Protect your family (term plan), build savings (savings plan or ULIP), or plan for retirement (pension plan).
Decide how much cover you need: About 15–20 times your annual income, plus loans, minus savings you can rely on.
Choose how long you need cover: Until your dependants are financially independent and loans are repaid, typically till 60–70.
Pick a premium option you can sustain: Single, limited (such as 5, 10, 12 or 15 years, or till 60) or regular pay.
Pick your term plan by profile:
Most buyers: Smart Term Plan Plus.
Want flexibility at claim time: Smart Total Elite Protection.
Want simple, standard cover: Saral Jeevan Bima.
Women: check the women's discount and options like Lifeline Plus.
Choose riders only if you need them: Critical illness, accidental death or waiver of premium.
Read the terms and exclusions: Check what isn't covered, waiting periods and conditions that could affect a claim.
Disclose everything honestly: Health, smoking, income and existing policies. Non-disclosure is the most common reason for claim rejection in the first 3 years.
Add correct nominee details, so your family can claim without delays.
Compare before you buy: Compare the same cover, term, and riders across insurers for premium, claims record, and features. Never choose on premium or claim ratio alone.
Policybazaar is a certified Platinum Premium Partner of Axis Max Life Insurance, and the two call their partnership #IndiaKiHottestJodi, with a shared goal: har family hogi insured.
Below are the steps to buy Policybazaar 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 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.
It offers:
Worldwide cover: your family stays protected wherever you live.
Online buying: apply and pay online from abroad.
Flexible policy terms: choose cover that lasts as long as your family needs it.
A dedicated NRI helpline: 011-71025900 or 011- 61329950 (Available 24x7).
Medical tests may be possible by video or at a centre in your country of residence, depending on the insurer's rules.
What Documents are Required to Buy Axis Max Life Insurance for NRI?
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
Axis Max Life lets you buy, manage and service policies online. Through its website and app, you can pay renewal premiums, download policy documents, update personal and bank details, track wellness rewards, raise service requests and follow claims.
Axis Max Life Insurance App?
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.
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.
Follow the steps below 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 the 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.
Axis Max Life Insurance Company offers a quick, hassle-free claim settlement process The procedure is as follows:
Step 1: Report the claim. The nominee informs Axis Max Life online on its website, at a branch, or through claims support (see customer care below), with the policy number and claim details.
Step 2: Submit documents
| All death claims | Additional, by cause of death |
| Death certificate (original or attested) | Medical/natural death: attending physician's statement (Form C) and full medical records |
| Death claim form (Form A) | Accidental/unnatural death: FIR or police complaint, post-mortem report and final police investigation report |
| NEFT mandate attested by the bank, with cancelled cheque or passbook | |
| Nominee's photo ID |
Step 3: Claim review and payment
Under IRDAI's 2024 Master Circular, claims that need no investigation must be settled within 15 days of being reported, and those needing investigation within 45 days. A dedicated claims officer is assigned to each death claim.
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.
The Axis Max Life Insurance payout structure varies based on your plan and on which benefit you're paid. Depending on the plan you've selected, benefits can be paid either as a lump sum or as periodic income instalments or a combination of the two. Once your documents have been approved and the service or claim request is processed, the amount will be paid into your bank account in Indian Rupees.
| Payout Type | What It Means |
| Lump Sum Payout | The whole amount paid at once, useful for clearing loans |
| Fixed Monthly Income | A fixed amount every month for a chosen period, such as 10 years |
| Increasing Monthly Income | Monthly payouts that rise by a fixed percentage each year. |
| Lump Sum + Monthly Income | Part paid upfront, the rest as monthly income |
| Return of Premium (ROP) | Base premiums returned on survival, in plans with this option |
| Maturity/Survival Benefit | Paid on savings, ULIP and pension plans as per their terms |
Most policy benefits from Axis Max Life are paid electronically. This makes the payments faster and more secure:
Direct Bank Transfer (Default Mode): All claim maturity, survival, and income benefits are paid electronically into the bank account of the policyholder/nominee as registered with us - this is the fastest way for you to get paid.
Cheque/Demand Draft: For certain cases (e. g., some NRE/NRO account requirements, where a transfer is not possible through the system), Axis Max Life will release a cheque/DD to the address in the correspondence.
You can get in touch with Axis Max Life Insurance customer care through various channels:
| Contact method | Details |
| Official website | www.axismaxlife.com |
| Customer care (existing customers) | 1860 120 5577, Monday to Saturday, 9 AM to 6 PM |
| NRI helpline (24x7) | +91 11 71025900 or +91 11 61329950; nri.helpdesk@maxlifeinsurance.com |
| Service email | service.helpdesk@maxlifeinsurance.com (reply usually within 5 days) |
| SMS | +91 74283 96005, from your registered mobile number |
| Claims email | claims.support@axismaxlife.com |
| Group claims helpdesk | Email: group.claimsupport@maxlifeinsurance.com Phone: +91 74289 89590 |
| Branch locator | On the Axis Max Life website: search by city or PIN code |
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
Axis Max Life Insurance has an active LinkedIn profile with more than 412k followers. They update the page with general company information, insurance-related articles, job openings in the company, financial awareness, and news about the insurance industry. Users can communicate with their employees or staff by commenting on their posts and follow the page to stay up to date on job opportunities.
Official Page: @axismaxlife_insurance
Instagram (@axismaxlife) With 1,600+ posts and 300K+ followers on Instagram, Axis Max Life Insurance posts insurance awareness content, campaign highlights, financial tips and customer engagement-related posts. Users can connect through DMs, comments and reply to stories to raise general queries and concerns.
Official Page: Axis Max Life Insurance
Axis Max Life Insurance has over 900K followers on Facebook and runs a variety of customer-centric campaigns, including promotional offers across various product lines, informational campaigns, tips on planning, and campaign awareness. It also offers Facebook Messenger as a point of contact for support.
Official Account: Axis Max Life Insurance (@axismaxlifeinsurance)
The videos on the Axis Max Life Insurance YouTube channel include insurance awareness videos, customer testimonials, financial planning tips and product explainer videos. At 75K+ subscribers and over 729 videos, what is on this channel?
On the measure that matters most, paying claims, Axis Max Life is one of India's strongest private life insurers. Here's what the data shows:
Claim performance: 99.70% individual death claims paid ratio in FY2024-25, its sixth straight year above 99%, and 99.8% in FY2025-26.
Large claims: an average claim of about ₹7.1 lakh, more than twice the industry average.
Scale: ₹21.9 lakh crore of individual sum assured in force and ₹10,109 crore paid in death claims since inception.
Financial strength: A solvency ratio above IRDAI's 150% minimum.
Customer experience: manage your policy online, on the app, by SMS or WhatsApp.
Who it may suit: salaried professionals and families wanting high cover from an insurer with a top claims record, and buyers who value features like premiums back at no extra cost. As with any insurer, compare premiums, features and exclusions for your profile before deciding.
Policybazaar does not endorse, rate or recommend any particular insurer or insurance product.
˜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
+On the basis of your profile
+Rs. 410/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. 410/month (Rs.14/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 rounded off to nearest 10
+Rs. 245 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.
+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. 15/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. 504/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. 494/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. 636/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. 918/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. 1,286/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.
+Rs. 453/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.582/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. 786/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. 1,592/month 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.
+Rs. 525/month is the starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 68 years of age.
+Rs. 668/month is starting price for a 2 crore term life insurance for an 25 year-old male, non-smoker, with no pre-existing diseases, cover upto 45 years of age.
+Rs. 1,200/month is starting price for a 2 crore term life insurance for an 35 year-old male, non-smoker, with no pre-existing diseases, cover upto 55 years of age.
+Rs. 410/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.
+Rs. 577/month is starting price for a 1 crore term life insurance for an 18 year-old Male, self employed, 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. ₹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
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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