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Axis Max Life Term Insurance User Reviews & Ratings

162 reviews Rate This
Axis Max Life Term Insurance
Highlights
Claim Settlement Ratio99.65%
Death Benefit Paid For15,342 Policies
Inception2000
Presence269 Offices
Total Death Benefit Paid562.54 Crore

Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Axis Max Life Term Insurance Plans

1 Crore
1.5 Crore
2 Crore
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.4%
Starting From ₹ 1398/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Special Exit Benefit
  • Right Green Tick Terminal illness
  • Right Green Tick Accidental Death
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.7%
Starting From ₹ 1132/Month
Key Features:
  • Right Green Tick Special Exit Benefit
See More Plans
Rating of Axis Max
4.6
Based on
162 User reviews

  • Got the list of required documents

    Before documenting Max Life’s Smart Secure Plus Plan, I wanted to get the list of the required documents to arrange their softcopies. I landed on InsuranceDekho and along with the policy documentation instructions I found the list of the required documents. 

    A
    Aatreyi Sarkar
    On: Jul 05, 2021

  • Found the list of top insurance companies

    Finding the list of top insurance companies along with their claim settlement ratios was effortless on InsuranceDekho. I clicked on the term insurance segment and found the list. I compared the companies based on the claim settlement ratios and bought Max Life Super Term Insurance Plan. 

    S
    Sandip Tirupati
    On: Jul 02, 2021

  • Easy payment

    Paying for Max Life Super Term Insurance Plan on InsuranceDekho was easy. After finalising my plan I got directed to the payment portal where I chose my convenient payment mode. I submitted the necessary details and within seconds the payment was received. 

    A
    Aadi Bhattacharya
    On: Jun 30, 2021

  • Multiple number of riders

    The rider’s collection available on InsuranceDekho is remarkable. Each one helps to enhance the base coverage of an insurance plan with minimal addition to the premium. I bought Accidental Total and Permanent Disability Rider under Max Life Super Term Insurance Plan. 

    A
    Archan Ghosh
    On: Jun 28, 2021

  • Affordable premiums

    On InsuranceDekho, most of the policy premiums are determined in such a way that a wide range of customers irrespective of their financial backgrounds can afford them. This makes the website really popular. Glad that I bought Max Life Super Term Insurance Plan from here. 

    U
    Urmila Bhandari
    On: Jun 25, 2021

  • Best term insurance companies

    All the best term insurance companies with high claim settlement ratios and lucrative riders that can enhance plan coverages are present on InsuranceDekho. I compared them and issued Max Life Premium Return Protection Plan.

    P
    Preety Roy
    On: Jun 23, 2021

  • Responds promptly

    I used the helpline number of InsuranceDekho to learn if I can raise multiple claims under my Max Life’s Smart Secure Plus term insurance plan. The reply was prompt and I learned that the number of claims depends on the premium I chose. 

    S
    Sindhu Bharadwaj
    On: Jun 21, 2021

  • Multifarious riders with benefits

    InsuranceDekho offers multifarious riders with remarkable benefits to help enhance the policy coverage. I bought Waiver of Premium Rider and Critical Illness Benefit Rider after evaluating their functionality under Max Life Smart Secure Plus term insurance plan. 

    K
    Krishnendu Gupta
    On: Jun 17, 2021

  • Various types of plans

    Various types of term insurance plans are available on InsuranceDekho, the Increasing Term Plan, Decreasing Term Plan, Level Term Plan and so on. I checked the characteristics of each plan before choosing Max Life Smart Secure Plus term insurance plan. 

    B
    Biren Goswami
    On: Jun 15, 2021

  • Time-saver website

    All the term insurance policy related services from issuance, claim settlement to rider purchase is time-saving on InsuranceDekho. Following the instructions on the website, it took me less than 5 minutes to buy Max Life’s Smart Secure Plus term insurance plan. 

    S
    Souvik Biswas
    On: Jun 09, 2021

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Axis Max Life Term Insurance Contact Details

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Claim Process at Axis Max Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQs

  • Why should I choose an Axis Max Life Term Insurance Plan?

    Axis Max Life Insurance is a reliable life insurance provider that offers several features and benefits in its term insurance plans. Apart from this, the company handles the claims well. Also, the insurance company offers high long-term coverage to policyholders which is available till the age of 85 years.

  • How much Axis Max Life Term Life cover do you need?

    As a basic rule, one should buy term life cover up to 10-12 times of their annual income.

  • What is the grace period of the Axis Max Life Term Insurance Plans?

    A grace period of 30 days from the premium due is allowed according to the guidelines by the Insurance Regulatory Authority of India (IRDAI).

  • Can I change the duration of my Axis Max Life Term Insurance plan after the policy is issued to me?

    No. The duration of Axis Max Life Term Insurance cannot be changed once the policy is issued.

  • Are Non-Resident Indians (NRIs) allowed to purchase Axis Max Life Term Insurance Policy?

    Yes, Non-Resident Indians (NRIs) can purchase Axis Max Life Term Insurance if they are Indian citizens, have at any time held an Indian passport, or a person who is legally wedded spouse of an Indian citizen.

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