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Axis Max Life Saral Jeevan Bima is an individual, non-linked, non-participating term life insurance plan designed to provide financial protection to the nominee if the life insured dies during the policy term, subject to the policy conditions. It is intended to offer a straightforward life-cover option for people who want to help protect their family against the financial impact of an unexpected loss. The product follows standardised coverage features and eligibility rules, making it easier for customers to understand the core purpose of the policy. The available sum assured is ₹5 lakh to ₹25 lakh, while the policy term can generally be selected within the insurer’s stated range, subject to the applicable entry-age and policy rules. The premium depends on factors such as the applicant’s age, chosen sum assured, policy term, personal details and underwriting assessment. Customers should obtain a personalised quotation rather than rely on a general estimate. Premium-payment options and other policy conditions should be checked in the latest official documents. Before buying, consider whether the selected cover would be sufficient for your family’s regular expenses, outstanding liabilities and other financial responsibilities. Review the policy schedule, exclusions, claim requirements and all declarations carefully so that you understand the benefits and conditions of the cover.
Standard individual term-life cover; eligibility, premium and benefits are subject to the current policy wording and underwriting.
Axis Max Life Saral Jeevan Bima is a straightforward term-life option for customers who prioritise basic financial protection over a wide range of optional cover structures. Its defined sum-assured range can help applicants compare the amount of protection available with their budget and family responsibilities. The right cover amount should be considered in the context of household expenses, debts, dependants and other existing life insurance. The product’s stated sum-assured range is ₹5 lakh to ₹25 lakh, with entry ages generally from 18 to 65 years and cover ending no later than age 70, subject to the selected policy term and product rules. These limits should be checked against the current policy wording and the applicant’s eligibility before applying. As with any term policy, the premium is only one part of the decision. Customers should also review the policy duration, premium-payment conditions, exclusions, disclosure requirements and the circumstances in which a claim may be payable. A personalised quotation is important because the actual price depends on the applicant’s details and underwriting. Overall, Saral Jeevan Bima may suit people looking for a simpler term-insurance structure with a defined cover range. It may not provide a sufficiently high sum assured for every family, so applicants should assess their protection needs before choosing the amount. Review the latest official documents and compare the cover with your financial obligations before purchasing.

Axis Max Life
Key Insights
Founded
2000
Axis Max Life was established 26 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.7% CSR, calculated as a 3-year average
Axis Max Life settles 99.7% of all claims it receives, demonstrating strong credibility.
Contact Details
1860 120 5577
Headquarters: 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram, Haryana - 122002, India
The nominee may receive the death benefit specified in the policy if the life insured dies during the policy term, subject to the policy wording.
Check the benefit amount and claim conditions in the policy schedule.
The product information states a sum-assured range of ₹5 lakh to ₹25 lakh, subject to current product rules and eligibility.
Choose a cover amount after considering dependants, expenses and liabilities.
The policy term is selected within the range allowed by the insurer and the applicant’s eligibility.
Confirm the exact term available for the chosen entry age.
Provides term-life protection for the life insured under the conditions specified in the policy.
Benefits and claim decisions are governed by the policy wording.
The premium is determined using the selected cover and term along with the applicant’s details and underwriting.
Obtain a personalised quotation before applying.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
Axis Max Life plans and claim process
It is an individual term life insurance plan intended to provide a death benefit to the nominee if the life insured dies during the policy term, subject to the policy wording.
The stated sum-assured range is ₹5 lakh to ₹25 lakh. Confirm the current limits and your eligibility in the latest official policy documents.
The generally stated entry-age range is 18 to 65 years, subject to product rules and underwriting. Check the current policy wording for the exact eligibility conditions.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Axis Max Life website before purchasing.
Official Website
axismaxlife.com
Visit the official Axis Max Life website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Cover generally ends by age 70, depending on the selected policy term and applicable product conditions. Confirm the exact maturity age in the policy schedule.
The premium depends on the applicant’s age, chosen sum assured, policy term, personal details and underwriting. Obtain a personalised quotation for the actual amount.
Consider your family’s regular expenses, outstanding debts, dependants and existing life insurance. The available cover may not meet every household’s needs, so assess the amount carefully before applying.
Review the latest policy wording, exclusions, eligibility requirements, premium-payment conditions, application declarations and claim process. Read the policy schedule carefully before accepting the cover.