Pay for a few years, receive guaranteed income for decades and a maturity amount at the end. Every plan below is a real benefit illustration — pick one and our advisor will prepare a quote for your age.
Axis Max Life Insurance99.80% Claim Settlement
How a deferred income plan works
Pay for 12 yearsPremium paying term
Deferment periodYear 13 — money keeps growing, no payout yet
Yearly incomeGuaranteed income every year from the 14th year
MaturityLump-sum maturity at the end of the 40th year
All Axis Max Life plans
Twelve plans across protection, traditional savings and ULIPs. Open any product brochure, or ask us for the illustration at your age.
Protection
Axis Max Life Smart Term Plan Plus
Non-Linked Non-Participating Individual Pure Risk Life Insurance Plan · UIN 104N132V01
A pure risk cover. A small premium for 10 years buys your family ₹1 crore for 34 years — and if nothing happens, the special exit option returns every rupee of premium you paid.
Entry age
36 Yrs*
Annual premium
₹40,598*
Pay term
10 Years
Policy term
34 Years
Variant
Regular Cover
What you get
Full ₹1 crore coverThe sum assured stays at ₹1,00,00,000 for all 34 years of the term.
Pay for only 10 yearsAfter the 10th premium you stay covered for 24 more years at no further cost.
Special exit valueTake back 100% of the premiums you paid, available in policy years 25 to 30.
Early exit valueA surrender value is available from the 10th policy year if you need to exit sooner.
From the Axis Max Life benefit illustration dated 21 September 2026 (UIN 104N132V01), for a 36-year-old male non-smoker in Andhra Pradesh. A non-linked, non-participating individual pure risk life insurance plan.
Protection
Axis Max Life Smart Secure Plus Plan
Non-Linked Non-Participating Individual Pure Risk Life Insurance Plan · UIN 104N118V13
A second income for the long run. Pay for a few years, then draw a guaranteed income every year — with cash bonus on top and life cover the whole way.
Entry age
91 days – 60 Yrs
Income till
Age 60 – 100
Pay term
6 / 8 / 10 / 12 / 15 Yrs
Min sum assured
₹5,00,000
Payout
Annual or monthly
What you get
Three ways to draw incomeEarly Income, Early Income with Guaranteed Money Back, or Deferred Income.
Guarantees plus cash bonusEvery option carries in-built guarantees and a cash bonus if declared.
Let the payouts build upYou can accrue the income instead of taking it, and withdraw whenever you like.
Income till age 100Choose to receive income and keep cover till age 60, 65, 70, 75, 85 or 100.
Policy Continuance BenefitIf opted, income and maturity keep reaching your family after your death, with no further premium.
Riders availableAdd protection riders to the same policy for a small extra premium.
Years 1–12You pay ₹2,00,000Total paid ₹24,00,000
Year 13DefermentNo payout — the plan keeps building
Years 14–38₹1,03,360 a yearGuaranteed income, ₹25,84,000 in all
Year 40₹25,45,825Guaranteed maturity amount
Total you pay₹24,00,000₹2,00,000 × 12 years
You Get₹1,25,59,068Income ₹69,83,712 + maturity ₹55,75,356
Life cover₹25,20,000₹22,00,000 at start, payable on death at any time
Swipe the table sideways →
What you receive
You Get
Yearly income (from year 14)
₹2,58,656
Total income received
₹69,83,712
Maturity in year 40
₹55,75,356
Total benefit
₹1,25,59,068
Just Example:- From the Axis Max Life benefit illustration dated 28 September 2026 (UIN 104N120V04), for a 30-year-old male in Andhra Pradesh. Guaranteed figures are guaranteed; upto 8% are assumed rates of return, not upper or lower limits, and are not guaranteed.
Guaranteed income, cash bonus, a large maturity amount and life cover that keeps paying the family — the premium plan in the savings range.
Entry age
33 – 40 Yrs*
Pay term
6 / 12 Years
Policy term
40 Years
Give-Get
Up to 490%
Life cover
Up to ₹1.20 Crore
What you get
Yearly income for decadesA guaranteed income every year up to the 40th policy year.
Cash bonus on topCash bonus illustrated at 8% annual returns wherever applicable.
Large maturity amountA lump sum at the end of the 40th year in addition to all the income already drawn.
PCB keeps it runningWith Policy Continuance Benefit the family gets ₹1.20 crore at once, pays nothing more, and still receives the income and maturity.
Increasing life coverCover rises through the term, with extra accident cover available.
Child plan · ₹2 Lakh a year · Give-Get 388%
Give₹2 Lakhper year × 12 years Total ₹24,00,000
Get₹1.55 CroreTotal benefit
Yearly income₹75,072 every yearup to the 40th policy year
At maturity₹65,26,080
Cash bonus@ 8% annual returnswherever applicable
Age
40 Yrs
Premium Term
12 Yrs
Policy Term
40 Yrs
Child plan · ₹3 Lakh a year · Give-Get 490%
Give₹3 Lakhper year × 12 years Total ₹36,00,000
Get₹1.76 CroreTotal benefit
Yearly income₹3,85,500 every yearfrom the 13th policy year till maturity
At maturity₹68,51,160
Cash bonus@ 8% annual returnswherever applicable
Age
35 Yrs
Premium Term
12 Yrs
Policy Term
40 Yrs
SWAG PAR+ with PCB · ₹10 Lakh a year, age 35
Age
35 Yrs
Premium
₹10 Lakh/yr
Policy Term
40 Yrs
Plan
Pay Term
Yearly Income illustration @ age 35
Maturity
Life Cover
Option 1
6 Years
₹2.55 Lakh / Year
₹1.16 Crore
₹1.20 Crore
Option 2
12 Years
₹4.15 Lakh / Year
₹2.54 Crore
₹1.20 Crore
Increasing life cover & additional extra accident cover
PCB Advantage
If the policyholder dies:
₹1.20 Crore paid to the family immediately
No more premiums to pay
Yearly income and maturity continue to the family
SWAG PAR — Future Income · ₹6 Lakh a year, age 33
You Pay₹6,00,000per year × 12 years Total ₹72,00,000
You Get₹4.21 Crore₹4,21,42,320 total benefits
Income benefit₹7,74,000 every yearfrom the 13th year, for 28 years · total ₹2,16,72,000
Maturity benefit₹2,04,70,320at the end of the 40th year (at age 73)
Life coverSum assured from ₹73,20,000maximum cover up to ₹1,85,00,000
Guaranteed long-term incomeLarge maturity benefitHigh life coverParticipating plan
Age
33 Yrs
Premium Term
12 Yrs
Policy Term
40 Yrs
Traditional
Axis Max Life Smart VIBE
Non-Linked Non-Participating Individual Life Insurance Savings Plan · Smart Value Income & Benefit Enhancer · UIN 104N159V05
A customisable unit-linked plan with loyalty additions from year six, wealth boosters every five years, and all your mortality charges returned at maturity.
Entry age
91 days – 70 Yrs
Maturity till
Age 85 / 100
Policy term
10 – 67 Yrs
Pay term
Single / 5 – 29 / 10 – 67 Yrs
Min premium
₹14,970 / year
What you get
Loyalty additions from year 6A share of the fund value is added at the end of every policy year from the 6th.
Wealth boosters every 5 yearsAn extra 2% of fund value at the end of every 5 years from the 10th policy year.
Mortality charges returnedEvery mortality charge deducted for life cover is added back on the maturity date.
Unlimited free switchesSwitch between funds as often as you like in a policy year, with no charge.
Reduce the premium laterCut your premium by up to 50% once, after the 5-year lock-in.
Settlement optionTake the maturity amount as periodic payments over up to 5 years instead of one cheque.
ULIP
Axis Max Life Fast Track Super
Unit Linked Non-Participating Individual Life Insurance Plan · UIN 104L082V06
A systematic savings plan that builds a corpus for every life stage, pays 110% of the guaranteed maturity sum, and covers your family while it grows.
Entry age
91 days – 65 Yrs
Maturity till
Age 80
Policy term
10 – 30 Yrs
Pay term
Single / 5 – 12 / Regular
Min premium
₹8,500 / year
What you get
5.5% guaranteed additionsAdded at the end of each of the first five policy years, on the guaranteed maturity sum.
110% at maturityYou receive 110% of the guaranteed sum assured on maturity, plus all accruals.
Higher death benefit after 10 yearsAfter 10 policy years the death benefit rises to 110% of the guaranteed amount.
Use the bonus your wayTake it as paid up additions, set it against your premium, or draw it in cash.
Turn it into an incomeYou or the nominee can convert the lump sum into a monthly or annual income for 10 years.
Commute it backChange your mind later and convert the income stream back into a lump sum.
Figures marked * are from the Axis Max Life benefit illustration supplied for that plan at the stated age and premium (without GST). Eligibility, terms, options and minimum premiums are taken from each plan's prospectus — always read the brochure, the policy wording and the benefit illustration for your own age before buying. Insurance is the subject matter of solicitation.
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