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High Claim Settlement Ratio Axis Max Life has a very high claim settlement ratio — ~99.70% for some plans. AxisBank+1 Wide Range of Plans They offer a variety of life insurance products: term plans, savings (ULIP), income (annuity-type), and whole life plans. AxisBank+2AxisBank+2 Smart Secure Plus (Term Plan) Their “Smart Secure Plus” is a term insurance plan that covers death, disability, and critical illness (64 critical illnesses optionally). AxisBank Premium Payment Flexibility For some plans (like Savings Advantage), you can choose different premium payment terms and policy terms according to your goals. Axis Max Life Insurance+1 Guaranteed Additions In certain savings plans, they give “guaranteed additions”: e.g., 5.5% of guaranteed sum assured added each year for first 5 years. Axis Max Life Insurance Death Benefit Structure For savings plans: if death happens before or on 10 policy years, a “guaranteed death benefit + additions” is paid; after 10 years, the benefit increases (e.g., 110%). Axis Max Life Insurance Return of Premium Option In some term plans (Smart Secure Plus), there is an option to get all the premiums back (return of premium) if you survive the policy term. AxisBank Waiver of Future Premiums You can add a rider so that in case of critical illness or disability, future premiums are waived but coverage continues. AxisBank+1 Group Credit Protection Plan They have “Group Saral Suraksha” — designed for borrowers: covers outstanding credit (loan) plus extra life cover; minimal paperwork and auto-renewal. AxisBank Tax Benefits With many of their savings and term plans, you can get tax benefits under Indian tax law (for example under Section 80C, and payouts may be tax-free under Section 10(10D), depending on the plan).