Axis Max Life Launches Smart Value Income & Benefit Enhancer Plan

New Delhi: Axis Max Life Insurance Ltd. has launched its Axis Max Life Smart Value Income & Benefit Enhancer Plan, a non-linked, non-participating individual life insurance savings plan. The plan offers a blend of guaranteed returns, instant liquidity, and protection, catering to diverse financial preferences.

Key Features
The plan offers several key features, including:

• Guaranteed Returns: Assured benefits along with life insurance protection to help build long-term financial security.
• Flexible Plan Variants: Three plan variants – Insta Wealth, Future Wealth, and Insta Wealth Boost – enable policyholders to select savings and payout structures aligned with their specific requirements.
• Customizable Plan Options: Policyholders can choose premium payment terms, policy durations, income payout frequencies, and death benefit multiples.
• Manage & Grow Your Income: The plan offers Flexi Income Benefits from the first policy year, with the option to accumulate survival and future income benefits for enhanced returns.

Protection Benefits
The plan includes several protection benefits, such as:

• Optional Riders: Critical illness, accidental death, disability, and waiver of premium riders to strengthen the protection offering.
• Built-in Protection Benefits: Senior Citizen Benefit and Cover Continuance Benefit for added assurance.
• Policy Continuance Benefit (PCB): Ensures all future benefits under the policy remain intact in case of the life insured’s death, with no further premium payments.

Vaibhav Kumar, SVP and Head – Products & Ecommerce, Axis Max Life Insurance, said, “With the launch of the Smart Value Income & Benefit Enhancer Plan, Axis Max Life continues to deliver on its promise of dependable protection backed by guaranteed income. This product has been thoughtfully designed to offer policyholders flexibility across every stage.”