Max Life
You Are The Difference
Max Life Insurance is a joint venture between Max Financial Services and Axis Bank. Known for high claim settlement ratio and customer-centric products.
2000
Founded
99.22%
Claims Ratio
7
Insurance Plans
4.8★
Customer Rating
Term Insurance Plans
Highest claim paying term plan in India
Max Life Smart Term Plan
India's highest claim paying term plan - your family's protection is our promise
₹14/Day
Premium
Up to ₹3 Crore
Coverage
10-50 Years
Policy Term
₹25 Lakh
Min Sum Assured
Benefits
Key Features
- 6 payout options to choose from
- Return of all premiums option
- Critical illness cover (40 diseases)
- Accidental death benefit
- Waiver of premium on disability
- Terminal illness benefit
Available Riders
Endowment Plans
Guaranteed returns with Max Life's trusted protection
Max Life Super Endowment Plan
Super endowment with guaranteed additions and terminal bonus
₹110/Day
Premium
Guaranteed Maturity Benefit
Coverage
10-25 Years
Policy Term
₹2 Lakh
Min Sum Assured
Benefits
Key Features
- Guaranteed additions of ₹50 per 1000 Sum Assured
- Terminal bonus for long-term policies
- Loan facility available
- Tax benefits under Section 80C & 10(10D)
- Paid-up value available
- Critical illness rider
Available Riders
Money Back Plans
Regular cash backs with bonus participation
Max Life Monthly Income Advantage Plan
Get monthly income for 10 years after policy matures - steady income stream
₹85/Day
Premium
₹10 Lakh + Bonus
Coverage
15-25 Years
Policy Term
₹1 Lakh
Min Sum Assured
Benefits
Key Features
- Monthly income for 10 years after maturity
- Money back at regular intervals
- Bonus participation
- Loan facility
- Critical illness rider
- Tax benefits under Section 80C & 10(10D)
Available Riders
ULIP / Investment Plans
Grow wealth with Max Life's fund management expertise
Max Life Fast Track
Fast track your wealth creation with zero allocation charges
₹110/Day
Premium
Market Linked Returns
Coverage
10-25 Years
Policy Term
10x Annualized Premium
Min Sum Assured
Benefits
Key Features
- Zero allocation charges
- Multiple fund options
- Unlimited free switches
- Loyalty boosts
- Partial withdrawals
- Top-up facility
Available Riders
Pension / Retirement Plans
Guaranteed income for a secure retirement
Max Life Forever Young Pension Plan
Stay young at heart with secure and guaranteed retirement income
₹170/Day
Premium
Guaranteed Pension for Life
Coverage
Whole Life
Policy Term
Based on purchase price
Min Sum Assured
Benefits
Key Features
- Guaranteed lifelong pension
- Inflation protection option
- Joint life for spouse
- Return of purchase price
- Multiple annuity options
- Tax benefits under 80CCC
Health Insurance Plans
Health advantage with wellness rewards
Max Life Health Advantage
Get rewarded for staying healthy - wellness benefits reduce your premium
₹26/Day
Premium
₹5 Lakh - ₹1 Crore
Coverage
1 Year (Renewable)
Policy Term
₹5 Lakh / ₹10 Lakh / ₹25 Lakh / ₹50 Lakh
Min Sum Assured
Benefits
Key Features
- Cashless claims at 10000+ hospitals
- No claim bonus up to 100%
- Pre & post hospitalization
- Day care procedures
- Restoration benefit
- Wellness rewards for healthy living
Available Riders
Child Plans
Invest in your child's dream future today
Max Life Smart Scholars Plan
Smart scholars plan for smart children - secure their education and career
₹65/Day
Premium
₹15 Lakh + Bonus
Coverage
Child's age 25 years
Policy Term
₹2 Lakh
Min Sum Assured
Benefits
Key Features
- Guaranteed additions every year
- Premium waiver on proposer's death
- Bonus participation
- Flexible payout options
- Loan facility
- Tax benefits under 80C & 10(10D)
Available Riders
Why Choose Max Life?
High Claim Settlement
Max Life has a claim settlement ratio of 99.22%, ensuring your family gets the benefits when they need it most.
Trusted Brand
With a legacy since 2000, Max Life is one of the most trusted insurance brands in India.
Innovative Products
Max Life offers 7 innovative insurance solutions across 7 categories tailored to your needs.
Need Help Choosing the Right Max Life Plan?
Our AI-powered advisor can help you find the perfect Max Life plan from 7 options based on your financial profile and needs.