Prices Increasing Soon
The Max Life Platinum Protect II Plan is a term insurance plan offered by Axis Max Life Insurance, a renowned Indian insurer. This plan provides comprehensive life cover at very affordable premiums.
#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply
By clicking on "View plans" you agree to our Privacy Policy and Terms of use
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
The plan also offers the policyholder the flexibility to choose the coverage required and the term of coverage, in addition to giving discounts for high sum assured options. Let's understand the plan in detail here.
Term Plans
Here are the features of the Platinum Protect II plan provided by Axis Max Life Insurance:
Provides long-term financial protection for your family at affordable premium rates.
Adopting a healthy lifestyle can lower your premiums, and the rate of payable premium will be determined based on the following category:
Preferred non-smoker
Non-smoker
Smoker
Enjoy flexible policy terms and choose from 10, 15, 20, 25, or 30 years.
Discounts available for female policyholders, calculated using their current age minus a 3-year reduction.
If premiums are paid for at least 15 years, coverage continues for the entire term even if payments are discontinued.
Discounts for choosing higher sum assured options (Rs. 50,00,000 and above).
Here is the eligibility criteria for buying Max Life Platinum Protect II Plan:
| Parameters | Minimum | Maximum |
| Entry Age | 18 years | 60 years |
| Maturity Age | Maximum: 75 years | |
| Policy Term | 10 years, 15 years, 20 years, 25 years, 30 years | |
| Sum Assured | Rs. 25 Lakhs | No Limit |
| Premium Payment Mode | Annual, Semi-annual, Quarterly & Monthly | |
Secure Your Family Future Today
₹1 CRORE
Term Plan Starting @
Get an online discount of upto 15%#
Compare 40+ plans from 15 Insurers
Here are the benefits of Max Life Platinum Protect II Plan:
Comprehensive Death Benefit: This Max Term Insurance plan ensures your family’s financial security by providing essential life coverage, safeguarding them against unexpected events.
Premium Discounts Based on Lifestyle: Adopting a healthy lifestyle can lower your premiums, with medical underwriting classifying you (preferred non-smoker, non-smoker, smoker) that determines your premium rates.
Flexible Policy Terms: Policyholders can select coverage terms ranging from 10 to 30 years, allowing for tailored insurance solutions to meet individual needs.
Special Discounts for Women: Female policyholders enjoy premium discounts, with calculations based on their age-adjusted by three years, making coverage more affordable.
Ongoing Benefits and Tax Advantages: The plan offers reduced insurance cover after 15 years of premium payments, ensuring continued protection for dependents. It also offers potential tax benefits under current tax laws.
Here are the policy details of the Max Life Platinum Protect II Plan:
Free Look Period: You have 15 days to review the policy after receiving it. If you disagree with any terms, return the policy for a full refund minus certain deductions.
Nomination: By filling out the Proposal Form, you can nominate a person to receive the death benefit. You can change your nominee any time by notifying the insurer in writing. If the nominee is a minor, appoint an adult to receive benefits until the minor ages. The nominee must provide the necessary documents when claiming the death benefit.
Assignment: You can assign the policy to someone else by signing the policy document or a separate legal document. Assigning the policy cancels any existing nominations unless assigned to the insurer.
*Note: Assignment is prohibited under the Married Women’s Property Act.
Grace Period: A 15-day grace period is allowed for monthly premium payments and 30 days for other payment modes. If payment isn’t made during the grace period, the coverage continues, but the overdue premium will be deducted from the death benefit if applicable. Benefits will be paid minus the overdue premium if the life assured dies during the grace period.
Lapsation of Policy: If premiums are unpaid by the end of the grace period, the policy will lapse and benefits will not be payable. Rights can only be exercised after the policy is revived.
Revival of Policy: A lapsed policy can be revived within two years if you request it in writing and provide proof of insurability. All overdue premiums must be paid to revive the policy. Revival takes effect once the insurer approves, restoring all benefits without interest. If not revived within the allowed period, the policy will terminate.
You can check your Axis Max Life Insurance policy details using any of the following methods:
Customer Care
Call 1860 120 5577 with your policy number to get information about your life insurance plan.
Online
Visit the Axis Max Life Insurance customer portal at www[dot]maxlifeinsurance[dot]com. After registering, access your policy details and use various self-service options.
Branch
Visit the nearest Axis Max Life Insurance branch for assistance.
Mobile
SMS your policy number (in xxxx format) to xxxxx from your registered mobile number. After validation, your policy details will be sent via SMS.
The only exclusion in the Max Life Platinum Protect II Plan is mentioned below:
Suicide Exclusion
If the life assured dies by suicide within 12 months of the policy start date, the nominee will not receive any benefit of this term insurance plan.
If the life assured dies by suicide after 12 months of this life insurance policy’s issuance, then the full death benefit is payable.
Here are the steps to buy the Max Life Platinum Protect II Plan from Policybazaar:
Step 1: Visit the official Policybazaar website and click on Term Insurance.
Step 2: Submit basic details, like your name, contact details, gender, and date of birth.
Step 3: Submit information regarding your job type, yearly income, educational qualifications, and smoking/tobacco consumption habits.
Step 4: Choose the Max Life Platinum Protect II Plan from the available list of term insurance plans.
Step 5: Pay using your preferred mode to complete the process.
*Note: It is wise to know what is term insurance at first and then buy the Max Life Platinum Protect II Plan online.
You can easily contact Axis Max Life Insurance Customer Care by following these steps:
Via Email Support
For Indian Customers: service.helpdesk@maxlifeinsurance.com
For NRI Customers: nri.helpdesk@maxlifeinsurance.com
Via WhatsApp Support
Text ‘Hi’ to 742 839 6005 using your registered mobile number.
Via Policy Details
Call 1860 120 5577 for information about your policy.
Via Offline Support
Indian Customers: Call 1860 120 5577 (9 AM to 6 PM, Monday to Saturday).
NRI Customers: Call +91 11 61329950 or +91 11 71025900 (9 AM to 6 PM IST).
Via Branch Locations
Visit the nearest Max Life or Axis Bank branch. You can find branches on the website by entering your State, City, and Pin Code.
Via Request a Callback
For Indian Customers: Provide your Name, Mobile Number, City, and Email.
For NRI Customers: Provide your Name, Email, Country, Expected Visit Date, ISD Code, Phone Number, Current Address, and query.
Note: You should also check the term insurance benefits if you are planning to purchase the term insurance plan.
˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com in the first 6 months of FY 24-25.
Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
+Rs. 487/month (Rs.16/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 38 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.
© Copyright 2008-2025 policybazaar.com. All Rights Reserved
+Rs. 820/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 38 years of age.
+Rs. 1,443/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 38 years of age.
˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.
Understanding the features of term life insurance helps you make
Read more
The Bajaj Allianz Life Superwoman term insurance is a special
Read more
ICICI Pru iProtect Supreme is a pure-term insurance plan
Read more
HDFC Life Click 2 Protect Elite Plus is a comprehensive term
Read more
Insurance
Calculators
Payment Methods
Secured With
Follow us on
