Term Insurance is a pure life protection plan that provides a financial benefit to your nominee if the insured person passes away during the policy term. It is designed to help your family manage future financial responsibilities such as home loans, children’s education, daily expenses and long-term financial goals.
Insurance Details
- Life Cover: ₹25 Lakh / ₹50 Lakh / ₹1 Cr / ₹2 Cr / 15 Cr
- Policy Term: 10–40 years
- Cover Till Age
- Premium Payment: Monthly / Quarterly / Half-Yearly / Yearly
Optional Riders
- Accidental Death Benefit
- Critical Illness
- Waiver of Premium
- Disability Benefit
- High Life Cover – Get substantial financial protection at an affordable premium.
Affordable Premiums – Focused on protection rather than investment.- Family Financial Security – Help protect your family’s lifestyle and future goals
- Children’s Future – Create financial protection for education and other future needs
- Flexible Cover Options – Choose cover amount, policy term and payout structure according to eligible options
- Accidental & Critical Illness Options – Eligible riders can provide additional protection
Accidental & Critical Illness Options – Eligible riders can provide additional protection
Your income supports your family’s dreams. Term insurance helps protect those dreams when you’re not there. Choose the right life cover today and give your family financial confidence for tomorrow.
Who Can Buy Term Insurance Cover?
Term insurance is suitable for anyone who has financial responsibilities or people who depend on their income. The exact eligibility, entry age, maximum cover and medical requirements vary by insurer and product.
- Salaried Professionals
- Protect your family’s financial security and replace future income in case of an untimely death.
- Self-Employed & Business Owners
- Help protect your family, business liabilities and outstanding loans.
- Married Individuals
- Provide financial protection for your spouse and children and help secure their future goals.
- Smart Secure Plus Plan – Joint life
- Smart Secure Plus Plan – Housewife
- Smart Secure Plus Plan – selfemployeed
- Smart Secure Plus Plan – NRI
Axis Max Life ULIP + Term Plan Combo
Smart Term with Additional Returns ULIP
Type: Unit Linked, non-participating individual life insurance plan
- Life Protection + Investment
Provides life insurance protection while premiums are invested in market-linked funds - Multiple Investment Choices
The plan offers 5 investment strategies and 27+ funds according to the current product page, allowing investors to choose based on their risk appetite - 🔄 Unlimited Free Fund Switching
- Policyholders can switch between available funds without a stated limit on free switches.
- Additional Returns Feature
The product provides additional-return features subject to the applicable variant and policy conditions. The insurer describes benefits including returns of certain mortality, morbidity, administration and premium-allocation charges under specified conditions - 🏦 Wealth Creation Potential
- Because it is a ULIP, the investment portion participates in market-linked funds. Returns are not guaranteed and investment risk is borne by the policyholder.
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