Axis Max Life Insurance Online Payment

How Can I Make Axis Max Life Insurance Online Payments?

The policyholders of Axis Max Life Insurance get a simple and easy online facility to pay their policy premiums. There are various ways to make an online Axis Max Life insurance premium payment. These are some of the easy and common ways:

1. Axis Max Life Insurance Online Payment via Policybazaar

   You can pay Axis Max Life Insurance Co Ltd. premiums online for your Axis Max term insurance plan through Policybazaar. Add your plan details and make online payments using a credit/debit card. To make an online premium payment, follow the steps below.

   • Step 1: Go to Policybazaar’s term insurance plan page

   • Step 2: Fill in your details like qualification, annual income, smoking habits, and occupation

   • Step 3: Select the Max life-term plan of your choice

   • Step 4: Choose the plan that suits you and proceed to pay

2. Axis Max Life Insurance Online Payment via Axis Max Life Insurance Official Website

   The most common way of making Axis Max life insurance pay online is by visiting the official website of Max life and following the online payment procedure mentioned there.
   Steps for paying the premium online from the official website using your policy number:

   • Step 1: Visit the “Pay Premium” section of the official website of Axis Max Life Insurance

   • Step 2: Now input all the details like the policy number and date of birth

   • Step 3: Now click on “Continue to Payment”
     Here are the steps for paying the premium online from the website using your phone number:

   Steps for paying the premium online from the website using your phone number:

   • Step 1: Visit the “Pay Premium” section of the official website of Axis Max Life Insurance

   • Step 2: Now enter phone number and date of birth

   • Step 3: Now click on “Continue to Payment”

3. Axis Max Life Insurance Online Payment via Net Banking

   Another common method of paying the premium amount is using the net banking option. Usually, this option is valid for those who have a bank account that facilitates this facility. If the policyholder has an account that doesn't have a net banking option, they have to opt for another payment option to pay the premium amount. However, suppose the policyholder has a net banking facility. In that case, they need to log in to their account using their username and password after clicking on the net banking option on the online payment page.

4. Axis Max Life Insurance Online Payment via Various e-wallets

   Apart from net banking, the company also allows the policyholders to make Max life insurance pay online using various e-wallets like Google Pay and Airtel Money. All you need to do is to just choose the wallet from the website and proceed with the steps. In that situation, they must have the wallet installed on their device. That will make the payment process more convenient.

5. Axis Max Life Insurance Online Payment via Foreign Remittance

   NRI policyholders or those present abroad during the payment time can pay the amount online using the foreign remittance option. Click on the foreign remittance option from the website and proceed with the steps. These policyholders can even make Axis Max Life Insurance online payments through the net banking option offered by their bank account.

6. Axis Max Life Insurance Online Payment via InstaPay service by your bank

   Various banks in India provide InstaPay facilities for making online payments. This facility can be used even to pay Axis Max insurance premiums. Under this payment process, the policyholders visit their bank's website, and if they have the facility of InstaPay by their bank, they can pay from there. If the bank doesn't provide this facility, choose other online payment options.

7. Axis Max Life Insurance Online Payment via Debit or Credit Cards

   You can pay the Axis Max life insurance premium online using debit or credit cards, using the company's direct debit facility. You can also register your credit card online for automatic payments or direct debit only for Visa or Mastercard credit cards.

   *The insurer provides all savings as per the IRDAI-approved insurance plan. Standard T&C Apply

Benefits of Using the Max Life Online Payment Process

Here is a list of benefits of using the Max Life Online Payment Process:

1. Secure

The company provides complete security while making Max life insurance payments online. It takes multiple security measures to ensure that every payment is fully secured and protected. As the transfers are handled digitally, theft and burglary are not risky. It reduces the risk of human error as it is dealt with online. Be it the customer or the staff, handling large amounts of cash always carries risks, which are effectively prevented through Axis Max Life Insurance Online Payment.

2. Saves Time

Axis Max Life online payment saves time as you do not need to wait in queues to make the payment. Simply logging in to the Axis Max Life Insurance pay online system at any free time helps you make instant payments anytime. It is accessible throughout the week, so use it as per your convenience.

3. Accessible on Mobile

All financial transactions can be managed through a mobile phone if you cannot access a laptop or computer. The Max life insurance pay online also helps you make payments from home, the comfort of your office, or even while travelling.

4. Free of Cost

Axis Max life insurance helps customers avail themselves of free service, as the company does not levy any additional charges on the net banking option. You can make Axis Max Life Insurance online payments or pay any authorized agencies for this additional benefit.

5. Increase Savings

You can increase your savings by making an Axis Max Life insurance premium payment online, as various discounts and offers are often available on online modes and platforms. This way, you can get long-term protection at affordable premiums.

6. Multiple Premium Payment Modes

Several premium payment options and modes are available for you to choose from and pay the premiums at your convenience. You can pay the Max Life online using debit or credit cards, the company's official website, net banking, digital wallets, etc.

About Axis Max Life Insurance

Axis Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is part of the Max Group, a multi-business corporation of India. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multichannel distribution, including agency and third-party distribution partners, to more than 30 lakh customers.

Difference between Online and Offline Payment Process

The offline payment method uses cash or cheque. It incurs more cost due to the involvement of cheques and money orders. The process requires lots of paperwork, which makes it time-consuming. When people prefer to pay offline, they visit the branch and stand in queues, which increases waiting time. However, offline payment of Axis Max insurance is done directly and doesn't depend on the internet or payment gateways.

As the online payment occurs automatically, it incurs less hassle and lower labour costs. Unlike the offline process, it doesn't need any documentation and saves time for both the company and the policyholders. The Max Life insurance premium payment online is simple and can be performed by just logging in to the official website of Max Life.

Information required while using the Online Process of Premium Payment

Here is a rundown of the information required while using the online premium payment process:

• Axis Max Life has various payment options. Select the mode at your convenience to complete the process within the time.

• When making an online Axis Max Life insurance premium payment, the policyholder should provide the correct and valid mobile number and email address.

• If you fail to pay the premium on the due date, you have an additional time period to complete the payment process.

• Payments of Premiums are allowed only for the active policies. Premium Payment receipts can be downloaded after the premium amount is paid.

• An advanced premium payment is possible. A policyholder can make the payment in the same year when the premium is due.

• The policyholder should pay the premium online, and no third-party payment should be involved.

• In the Axis Max Life Insurance Premium Payment online process, the online portal will accept only cards issued by domestic banks, whereas International bank cards are not accepted.

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

How To Register And Check Axis Max Life Insurance Policy Details?

Here is how to register yourself and then check your max life insurance policy details:

• Online
  You can check your Axis Max Life Insurance policy details by policy number online by going to the company’s website and logging into your policy account. You need to enter your policy number or registered mobile number along with your date of birth to access your policy details online. Upon finishing the registration procedure, you will gain access to various self-service features offered on the website www[dot]maxlifeinsurance[dot]com. 

• Mobile Phone
  You can access your max life insurance policy details from your smartphone by texting your policy number (in XXXX format) from your registered mobile number. On the detail validation, all the policy details will be sent to your number via SMS.

• Customer Care
  You can get in touch with customer care at 1860 120 5577 by sharing your policy number with the customer care executive.

• Company Branch
  You can visit the company’s nearest branch to see the details of your life or term insurance policy in an offline mode.

How To Check Your Axis Max Life Insurance Policy Details Online?

Here is how you can check your Axis Max Life Insurance policy details by policy number online and offline.

• Step 1: Go to the company’s official website

• Step 2: Select the ‘Policy Details’ under the ‘Customer Service’ option

• Step 3: Enter your policy number/mobile number and date of birth

• Step 4: Fill in the OTP to log into your Max life insurance policy account

• Step 5: Click on ‘View Policy Details’ to see the policy details of your life insurance

How Can NRIs Check Policy Status Of Axis Max Life Insurance?

NRIs can check Policy Status of Axis Max Life Insurance in the following ways:

• NRIs can either send email at nri.helpdesk@maxlifeinsurance.com
  OR

• NRIs can call the NRI helpdesk of Axis Max Life Insurance at 0124 - 5098162; 0124 - 4905150 (9:00 AM to 6:00 PM - from Monday to Saturday)

FAQs