{"uin":"104L121V05","name":"Axis Max Life Flexi Wealth Advantage Plan","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05","insurer":{"slug":"axis-max-life-insurance","name":"Axis Max Life Insurance Limited","url":"https://indiainsurances.com/insurer/axis-max-life-insurance"},"line":"life","category":"ulip","category_name":"ULIPs (unit-linked plans)","irdai_type":"ULIP","kind":"product","status":"active","approved_on":"2022-02-18","withdrawn_on":null,"summary":"Axis Max Life Flexi Wealth Advantage Plan is a unit linked non-participating individual life insurance plan with Wealth Variant and Whole Life Variant. It has a 5 year lock-in period, a 30 day free-look period, and no loans under the policy.","analysis":{"state":"machine","analysed_at":"2026-10-19 21:12:47.531131+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["Wealth Variant","Whole Life Variant"],"display":"Wealth Variant / Whole Life Variant","note":null,"quote":"Variant chosen: Wealth Variant / Whole Life Variant","sources":[{"clause":null,"heading":"POLICY SCHEDULE","page":4,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-policy-schedule"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"Wealth Variant policy terms are 10 to 30 years. Whole Life Variant policy term is 100 - entry age.","display":"Wealth: 10 to 30 years; Whole Life: 100 - entry age","note":"From the prospectus eligibility table.","quote":"Variant | PPT type | PPT | PT\nWealth | Single Pay | 1 | 10 to 30\nLimited Pay | 5 | 10 to 30\n6 | 10 to 30\n7 | 10 to 30\n8 | 10 to 30\n9 | 10 to 30\n10 to 19* | 11 to 30\nRegular Pay | 10 to 30^ | 10 to 30\nWhole Life | Limited Pay | 5 to 20 | 100 - entry age","sources":[{"clause":null,"heading":"AXIS MAX LIFE FLEXI WEALTH ADVANTAGE PLAN AT A GLANCE","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368#c-axis-max-life-flexi-wealth-advantage-plan-at-a-g"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"The claimant must intimate the insurer regarding a claim at the earliest possible time along with the necessary documents.","display":"At the earliest possible time","note":null,"quote":"The Claimant is required to intimate Us along with necessary documents as mentioned above, regarding a claim under the Policy, at the earliest possible time either in person or through online mode or Our distribution channel or authorized call centre.","sources":[{"clause":"3.5","heading":null,"page":42,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-3-5-2"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Claimant’s statement in the prescribed form (death claim application form -form A)","original Policy document","police complaint/ first information report, post mortem report, autopsy/viscera report and final police investigation report /charge sheet for accident, unnatural or suicidal death","death certificate issued by the local/municipal authority","discharge summary / indoor case papers for medical death in hospital","medical booklet / CGHS card details for defence and central government personnel","body transfer certificate / embassy documents / postmortem report, and complete passport copy for death in foreign country","identity proofs of the Claimants","other life / health insurance details with claim history details","employer certificate with complete leave records (Form E)","copy of bank passbook / cancelled cheque of the Claimant","ITR for last 3 years / GST certificate in case of self employed","Bank statement of last 2 years of the Life Insured","any other documents or information required by Us for assessing and approving the claim request","for maturity claim: NEFT cancelled cheque or passbook copy, and a self-attested photo ID proof"],"display":"Death claim documents include claim form, original policy, death certificate, identity proof, bank proof and other listed records; maturity claim documents include NEFT bank proof and photo ID.","note":null,"quote":"a) Claimant’s statement in the prescribed form (death claim application form -form A);\nb) original Policy document;\nc) a copy of police complaint/ first information report (only in the case of death by accident or unnatural death or suicidal death of the Life Insured); ... n) ITR for last 3 years / GST certificate in case of self employed;\no) Bank statement of last 2 years of the Life Insured and\np) any other documents or information required by Us for assessing and approving the claim request. ... a) NEFT a cancelled cheque or copy of passbook with pre-printed name and bank account number, for payout through NEFT (if not provided earlier or in case of any change in details provided earlier)\nb) a self-attested photo ID proof","sources":[{"clause":"3.1.1","heading":"Death claim documents","page":41,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-3-1-1"},{"clause":"3.1.2","heading":"Maturity claim documents","page":42,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-3-1-2-2"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":"The CIS points to “Service TATs in Insurance - Axis Max Life Insurance” but the provided policy documents do not state a claim decision or payment time.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Suicide within 12 months from the Date of Commencement of Risk or from the Date of Revival of the Policy: all risks and benefits cease and no benefits are payable, except Fund Value as stated."],"display":"Suicide within 12 months: only Fund Value is paid","note":null,"quote":"if the Life Insured commits suicide, whether sane or insane, within 12 (Twelve) months from the Date of Commencement of Risk or from the Date of Revival of the Policy, all risks and benefits under the Policy will immediately cease and no benefits will be payable. In such an event, We will terminate the Policy by paying only the Fund Value prevailing on the date of intimation of the Life Insured to Claimant.","sources":[{"clause":"6","heading":"SUICIDE EXCLUSION","page":42,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-6-9"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"Consumer grievances or queries may first be addressed to the agent or the customer helpdesk. If the response is not satisfactory or there is no response within 14 days, a written complaint may be filed with the Grievance Redressal Officer.","display":"First agent/customer helpdesk; then Grievance Redressal Officer if no satisfactory response within 14 days","note":null,"quote":"All consumer grievances and/or queries may be first addressed by the complainant to the agent or Our customer helpdesk as mentioned below: ... If Our response is not satisfactory or there is no response within 14 (Fourteen) days ... the complainant may file a written complaint with full details of the complaint and the complainant’s contact information to the following official for resolution:\nGrievance Redressal Officer","sources":[{"clause":"1.1","heading":null,"page":45,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-1-15"},{"clause":"1.2","heading":"If Our response is not satisfactory or there is no response within 14 (Fourteen) days","page":45,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-2-10"},{"clause":"1.2.1","heading":null,"page":45,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-2-1-2"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Sum Assured on Death is Cover Multiple multiplied by Annualised Premium, or Single Premium for Single Premium Payment Variant. Minimum Sum Assured on Death is Wealth Single Pay Rs. 220,000, Wealth Limited Pay Rs. 250,000, Wealth Regular Pay Rs. 1,25,000, and Whole Life Limited Pay Rs. 500,000; maximum is no limit subject to underwriting.","display":"Cover Multiple x Annualised Premium/Single Premium; minimum Rs. 220,000 to Rs. 500,000 by variant; no maximum limit subject to underwriting","note":"Minimum and maximum amounts are from the prospectus eligibility table.","quote":"“Sum Assured” or “Sum Assured on Death” means an absolute amount of benefit as specified in the Schedule which is guaranteed to become payable on death of the Life Insured in accordance with the terms and conditions of the Policy, it is calculated by multiplying the Cover Multiple by the Annualised Premium/ Single Premium (in case of Single Premium Payment Variant); ... Minimum Sum assured on death | The minimum Sum assured on death will depend on the minimum annualised premium as defined above. Basis the same, the minimum Sum assured on death under the product is as follows: Wealth variant: Single Pay: Rs. 220,000 Limited Pay: Rs. 250,000 Regular Pay: Rs. 1,25,000 Whole life variant: Limited Pay: Rs. 500,000\nMaximum Sum assured on death | No limit, subject to the limits determined in accordance with the Board approved underwriting policy of the Company.","sources":[{"clause":"65","heading":"“Sum Assured” or “Sum Assured on Death”","page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-65"},{"clause":null,"heading":"AXIS MAX LIFE FLEXI WEALTH ADVANTAGE PLAN AT A GLANCE","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368#c-axis-max-life-flexi-wealth-advantage-plan-at-a-g"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"If the Life Insured dies during the Policy Term while the policy is in force, the claimant receives the highest of Sum Assured on Death reduced by applicable recent partial withdrawals, 105% of Total Premiums Paid reduced by such withdrawals, or total Fund Value on the date of intimation of death after adding back specified charges. If Waiver of Premium benefit is active and the Policyholder has died, the present value of future premiums is also paid on death of the Life Insured.","display":"Highest of Sum Assured on Death, 105% of Total Premiums Paid, or Fund Value, with specified reductions/add-backs","note":null,"quote":"In the event of the Life Insured’s death during the Policy Term, provided the Policy is in force, We shall pay to the Claimant highest of the following Death Benefits:\na) Sum Assured on Death reduced by the sum of Partial Withdrawals (except smart withdrawals) made during the two years’ period immediately preceding the death of the Life Insured, if any; or\nb) 105% of Total Premiums Paid till date of death of Life Insured reduced by the sum of Partial Withdrawals (except smart withdrawals) made during the two years’ period immediately preceding the death of the Life Insured, if any; or\nc) the total Fund Value (as on the date of intimation of death of the Life Insured) after adding all charges, other than Fund Management Charge, recovered subsequent to the date of death of the Life Insured. ... in case You have chosen Waiver of Premium benefit under this Policy and the same is active as on the date of death of the Policyholder, then in case of death of the Life Insured, the present value of the future Premiums (if any) shall be paid in addition to the above benefits","sources":[{"clause":"1.1.1","heading":null,"page":12,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-1-1"},{"clause":"1.1.3","heading":null,"page":12,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-1-3"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"On maturity, if the Life Insured is alive and the policy is in force or paid-up, the Fund Value on the Maturity Date is paid unless Settlement Option is chosen. Wealth Variant also gets applicable return of charges.","display":"Fund Value on Maturity Date; Wealth Variant also returns applicable charges","note":null,"quote":"Upon maturity, if the Life Insured is alive and the Policy is in force or if this Policy is a Paid-Up Policy, then, We will pay the Fund Value applicable on the Maturity Date to You, unless You have opted for the Settlement Option. ... In case of You have chosen the Wealth Variant, in addition to the above, We will also return the applicable charges as per Clause 1.3 of Part C.","sources":[{"clause":"1.2","heading":"Maturity Benefit","page":12,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-2-2"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"Wealth Variant premium paying terms are Single Pay 1 year, Limited Pay 5 to 19 years depending on option, and Regular Pay 10 to 30 years equal to policy term. Whole Life Variant is Limited Pay 5 to 20 years.","display":"Wealth: 1, 5 to 19, or 10 to 30 years; Whole Life: 5 to 20 years","note":"From the prospectus eligibility table. The table notes that 10 to 19 years is subject to premium payment term being less than policy term, and Regular Pay is subject to premium payment term being equal to policy term.","quote":"Variant | PPT type | PPT | PT\nWealth | Single Pay | 1 | 10 to 30\nLimited Pay | 5 | 10 to 30\n6 | 10 to 30\n7 | 10 to 30\n8 | 10 to 30\n9 | 10 to 30\n10 to 19* | 11 to 30\nRegular Pay | 10 to 30^ | 10 to 30\nWhole Life | Limited Pay | 5 to 20 | 100 - entry age","sources":[{"clause":null,"heading":"AXIS MAX LIFE FLEXI WEALTH ADVANTAGE PLAN AT A GLANCE","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368#c-axis-max-life-flexi-wealth-advantage-plan-at-a-g"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"Maximum maturity age is up to 99 years for Wealth Single Pay with Cover Multiple 1.1 or 1.25, 65 years for 7, 60 years for 10, and 55 years for 15; for Wealth Limited Pay it is 75 years for Cover Multiple 15 and 80 years for Cover Multiples 5, 7 and 10; for Wealth Regular Pay it is 65 years for Cover Multiple 15 and 70 years for Cover Multiples 5, 7 and 10. Whole Life Variant maximum maturity age is 100 years for all Cover Multiples.","display":"Up to 99 years for Wealth Single Pay, up to 80 years for Wealth Limited Pay, up to 70 years for Wealth Regular Pay, and 100 years for Whole Life","note":"From the prospectus eligibility table.","quote":"Maximum maturity age Wealth variant: Single Pay: Sum Assured on Max maturity age Death Cover Multiple (years) 1.1 & 1.25 99 7 65 10 60 15 55 Limited Pay: 75 years for Cover Multiple 15 and 80 years for Cover Multiples 5, 7 & 10 ... Regular Pay: 65 years for Cover Multiple 15 and 70 years for Cover Multiples 5, 7 & 10 ... Whole Life variant: 100 years for all Cover Multiples","sources":[{"clause":null,"heading":"AXIS MAX LIFE FLEXI WEALTH ADVANTAGE PLAN AT A GLANCE","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368#c-axis-max-life-flexi-wealth-advantage-plan-at-a-g"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If the Life Insured commits suicide, sane or insane, within 12 months from commencement of risk or revival, all risks and benefits cease and no benefits are payable; the policy is terminated by paying only the Fund Value on the date of intimation of death, with charges other than Fund Management Charge recovered after death added back.","display":"Within 12 months: only Fund Value on date of intimation, with specified charges added back","note":null,"quote":"Notwithstanding anything stated herein, if the Life Insured commits suicide, whether sane or insane, within 12 (Twelve) months from the Date of Commencement of Risk or from the Date of Revival of the Policy, all risks and benefits under the Policy will immediately cease and no benefits will be payable. In such an event, We will terminate the Policy by paying only the Fund Value prevailing on the date of intimation of the Life Insured to Claimant. For avoidance of any doubt, any charges other than Fund Management Charge recovered subsequent to the date of death of the Life Insured shall be added back to the Fund Value as available on the date of intimation of death.","sources":[{"clause":"6","heading":"SUICIDE EXCLUSION","page":42,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-6-9"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The policy can be surrendered any time during the policy term by written notice. If surrendered within the lock-in period, Fund Value less applicable discontinuance/surrender charge is moved to the Discontinuance Policy Fund and paid at lock-in expiry; after lock-in, Surrender Value equals Fund Value on receipt of a valid surrender request, and no guaranteed surrender value applies.","display":"Within lock-in: Fund Value less charge moves to Discontinuance Policy Fund and is paid after lock-in; after lock-in: Fund Value","note":null,"quote":"At any time during the Policy Term, You have the right to Surrender the Policy by giving Us a written notice: ... If You Surrender the Policy within the Lock- in Period, We will credit the Fund Value by creation of Units into the Discontinuance Policy Fund after deducting applicable Discontinuance/Surrender Charge ... On the expiry of the Lock- in Period, We will close the Unit Account and the value of Units in the Discontinuance Policy Fund as on that date shall be paid to You and the Policy will terminate. ... If You Surrender the Policy after the completion of the Lock- in Period, We shall close the Unit Account and pay the Surrender Value which is equal to the Fund Value prevailing on the date of receipt of a valid request for Surrender. ... No guaranteed Surrender Value is applicable under this Policy.","sources":[{"clause":"2","heading":"SURRENDER","page":19,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-2-4"},{"clause":"2.1.1","heading":null,"page":19,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-2-1-1"},{"clause":"2.2.1","heading":null,"page":19,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-2-2-1"},{"clause":"2.2.2","heading":null,"page":19,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-2-2-2-2"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"After the lock-in period, if premium is not received by the end of the grace period, the policy automatically becomes a reduced Paid Up Policy with Paid Up Sum Assured and continues in reduced paid-up status without rider cover. Paid Up Sum Assured equals original Sum Assured on Death multiplied by premiums-paid period divided by the originally payable premium period.","display":"After lock-in, non-payment converts to reduced Paid Up Policy with Paid Up Sum Assured","note":"Different discontinuance rules apply during the lock-in period, when risk cover ceases and the Fund Value is moved to the Discontinuance Policy Fund.","quote":"“Paid Up Sum Assured” means the amount payable under a Paid Up Policy which is equal to the original Sum Assured on Death multiplied by the ratio of the “total period for which Premiums have already been paid”divided by the \"maximum period for which Premiums were originally payable” by You during the Premium Payment Term as per the terms and conditions of the Policy; ... If the Premium is not received in full by the expiry of the Grace Period, the Policy shall be immediately and automatically converted into a reduced Paid Up Policy with the Paid Up Sum Assured. The Policy shall continue to be in reduced paid-up status without Rider cover, if any..","sources":[{"clause":"40","heading":"“Paid Up Sum Assured”","page":9,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-40"},{"clause":"1.2.1","heading":null,"page":18,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-2-1"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"The revival period is 3 consecutive years from the date of first unpaid Premium.","display":"3 years from the date of first unpaid Premium","note":null,"quote":"“Revival Period” means a period of 3 (Three) consecutive years from the date of first unpaid Premium;","sources":[{"clause":"58","heading":"“Revival Period”","page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-58"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Loans are not available under this policy.","display":"No loans","note":null,"quote":"You are not entitled to loans under the Policy.","sources":[{"clause":"3","heading":"LOANS","page":19,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-3-6"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"quote-verified","value":["Axis Max Life Critical Illness and Disability Secure Rider (UIN: 104A034V02)","Axis Max Life Smart Ultra Protect Rider (UIN: 104A049V03)","Waiver of Premium Benefit (optional at inception)"],"display":"Critical Illness and Disability Secure Rider; Smart Ultra Protect Rider; Waiver of Premium Benefit","note":"Waiver of Premium is described as an optional add-on benefit in the prospectus, not as a separate rider.","quote":"Riders and Optional Add On benefits | Axis Max Life Critical Illness and Disability Secure Rider (UIN: 104A034V02)2: This\nrider provides benefit upon diagnosis of any of the 64 critical illnesses covered, and maybe opted at inception or anytime during the policy term, by payment of a nominal additional premium.\nAxis Max Life Smart Ultra Protect Rider (UIN: 104A049V03): This rider provides 4 rider benefit variants: ... Waiver of Premium Benefit (optional at inception)3: This option ensures that, in case of unfortunate demise of the policyholder provided the risk cover under the Policy is in-force, WOP has been chosen at inception and WOP cover is active on the date of death of the policyholder, the Company will fund all future outstanding premiums of the base policy only","sources":[{"clause":null,"heading":"AXIS MAX LIFE FLEXI WEALTH ADVANTAGE PLAN AT A GLANCE","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368#c-axis-max-life-flexi-wealth-advantage-plan-at-a-g"}],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after 3 years from the later of issuance, commencement of risk, revival, or rider date. Within 3 years, it may be questioned for fraud or material misstatement subject to the stated requirements, and for non-fraud misstatement the premium collected till repudiation is paid within 90 days.","display":"Cannot be called in question after 3 years; within 3 years fraud or material misstatement rules apply","note":null,"quote":"No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 yrs from a. the date of issuance of policy or b. the date of commencement of risk or c.the Date of Revival of policy or d. the date of rider to the policy, whichever is later. ... On the ground of fraud, a policy of Life Insurance may be called in question within 3 years ... Life insurance Policy can be called in question within 3 years on the ground that any statement of or suppression of a fact material to expectancy of life of the insured was incorrectly made ... In case repudiation is on ground of mis-statement and not on fraud, the premium collected on policy till the date of repudiation shall be paid to the insured or legal representative or nominee or assignees of insured, within a period of 90 days from the date of repudiation.","sources":[{"clause":"Section 45","heading":"Policy shall not be called in question on the ground of mis-statement after three years","page":49,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-section-45"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"Tax benefits may be available as per prevailing tax laws, which are subject to change. The document advises consulting a tax advisor regarding applicable tax benefits and liabilities.","display":"Tax benefits may be available as per prevailing tax laws; consult tax advisor","note":null,"quote":"Tax benefits may be available as per prevailing tax laws. Tax laws, their interpretation and/or application, including benefits arising thereunder are subject to change. You are advised to consult your tax advisor regarding the tax benefits and liabilities applicable to you.","sources":[{"clause":"1.3","heading":null,"page":41,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-1-3-6"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":null,"quote":"“Free Look” means a period of thirty (30) days beginning from the date of receipt of the Policy, to review the terms and conditions of the Policy","sources":[{"clause":"10","heading":"FREELOOK CANCELLATION","page":21,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-10-2"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days; 15 days for monthly mode","note":"The duration value uses the 30 day grace period for all cases other than monthly payment; monthly mode has 15 days.","quote":"The Grace Period for payment of the Premium for all types of life insurance policies shall be15 (Fifteen) days, where the Policyholder pays the Premium on a monthly basis and 30 (thirty) days in all other cases;","sources":[{"clause":"25","heading":"“Grace Period” (for other than Single Premium Policy)","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-25"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"quote-verified","value":"Minimum entry age is 0 years (91 days) for both Wealth and Whole Life variants. Maximum entry age varies by variant, premium payment type and cover multiple: Wealth Single Pay up to 70, 55, 50 or 45 years; Wealth Limited/Regular Pay up to 65 or 60 years; Whole Life up to 60, 50 or 30 years.","display":"Minimum 0 years (91 days); maximum varies up to 70 years","note":"From the prospectus eligibility table.","quote":"Minimum Age of Life Insured at Entry (age as on last birthday) | Wealth and Whole life variant: 0 years (91 days) ... Wealth variant: Single pay: Cover Multiple Maximum Entry Age 1.1 & 1.25 70 7 55 10 50 15 45 Limited /Regular pay: Cover Multiple Maximum Entry Age 5 & 7 65 10 65 15 60 ... Whole life variant: Cover Multiple Maximum Entry Age 5 & 7 60 10 50 15 30","sources":[{"clause":null,"heading":"AXIS MAX LIFE FLEXI WEALTH ADVANTAGE PLAN AT A GLANCE","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368#c-axis-max-life-flexi-wealth-advantage-plan-at-a-g"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["Single","Annual","Semi-Annual","Quarterly","Monthly"],"display":"Single, Annual, Semi-Annual, Quarterly and Monthly","note":"Policy wording also states annual, semi-annual, quarterly or monthly for non-single premium policies.","quote":"Premium Payment mode | Single, Annual, Semi-Annual, Quarterly and Monthly.","sources":[{"clause":null,"heading":"AXIS MAX LIFE FLEXI WEALTH ADVANTAGE PLAN AT A GLANCE","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368#c-axis-max-life-flexi-wealth-advantage-plan-at-a-g"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Single Premium Payment Variant","Limited Premium Payment Variant","Regular Premium Payment Variant"],"display":"Single, Limited and Regular premium payment variants","note":null,"quote":"“Limited Premium Payment Variant” means the variant where the Premium is payable to Us during the Premium Payment Term which is limited compared to the Policy Term ... “Regular Premium Payment Variant” means the variant where the Premium is payable to Us in regular instalments throughout the Premium Payment Term which is the same as the Policy Term ... “Single Premium Payment Variant” means the variant where the Premium is payable to Us only once in lumpsum throughout the Policy Term as specified in the Schedule;","sources":[{"clause":"29","heading":"“Limited Premium Payment Variant”","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-29"},{"clause":"55","heading":"“Regular Premium Payment Variant”","page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-55"},{"clause":"64","heading":"“Single Premium Payment Variant”","page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-64"}],"law":[]},{"key":"lock_in","label":"Lock-in period","section":"Renewal and rights","meaning":"Years before you can withdraw. ULIPs have a 5-year lock-in.","status":"quote-verified","value":{"unit":"years","amount":5},"display":"5 years","note":null,"quote":"“Lock-in Period” means a period of 5 (Five) consecutive years from the Date of Commencement of Risk, during which period the proceeds of the Policy cannot be paid by Us to You or to the Life Insured, as the case may be, except in the case of death or upon the happening of any other contingency covered under the Policy;","sources":[{"clause":"30","heading":"“Lock-in Period”","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-30"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 42","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 54.1 and 54.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.5","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.22 to 1.24","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vii) to (ix)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"funds","label":"Fund options","section":"Cover","meaning":"The investment funds you can choose and their risk.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"premium_allocation_charge","label":"Premium allocation charge","section":"Charges","meaning":"Part of each premium taken before investing.","status":"quote-verified","value":"Premium allocation charge is deducted from premium before allocation. Single Pay is 5% of Single Premium for offline/non-ISNP and 2% online/ISNP; for Limited/Regular Pay it varies by policy year, premium band, channel and annual/non-annual mode for the first five policy years and is 0% from policy year 6 onwards.","display":"Single Pay: 5% offline or 2% online/ISNP; Limited/Regular: first 5 years by mode/band, 0% from year 6+","note":"For Limited/Regular Pay, detailed percentage tables differ for annual and non-annual modes, premium bands, and offline versus online/ISNP purchase.","quote":"Premium Allocation Charge: This charge is calculated as a percentage of the Premiums payable and shall be deducted from the Premium received before the same are Allocated to the Unit Account. ... i) For Single Premium Payment Variant, Premium Allocation Charge is 5% (Five percent) of the Single Premium paid to Us. ... 6+ | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% ... i) For Single Premium Payment Variant, Premium Allocation Charge is 2% (Two percent) of the Single Premium paid to Us. ... 6+ | 0% | 0% | 0% | 0% | 0% | 0%","sources":[{"clause":"5.1.1","heading":"Premium Allocation Charge","page":35,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-1"},{"clause":"5.1.1(i)","heading":null,"page":35,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-1-i"},{"clause":"5.1.1(ii)","heading":null,"page":35,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-1-ii"}],"law":[]},{"key":"policy_admin_charge","label":"Policy administration charge","section":"Charges","meaning":"Monthly charge deducted from your fund.","status":"quote-verified","value":"Policy Administration Charge is levied from the 6th policy year to the end of the 10th policy year on each Monthly Anniversary by cancelling units, capped at Rs.500 per month. It is 1.2%, 4.80%, 2.40% or 0.6% of premium depending on variant and premium band, inflates by 5% from the 73rd month, and becomes zero from the 11th policy year.","display":"Year 6 to 10 monthly, capped Rs.500 per month; 0 from 11th year","note":null,"quote":"Policy Administration Charge: This charge is levied for administration of this Policy starting from 6th Policy Year till the end of 10th Policy Year, on each Monthly Anniversary by cancelling an appropriate number of Units in the Unit Account at the prevailing NAV and shall not exceed Rs.500/- (Rupees Five Hundred) per month. ... Wealth Variant – Single Premium Payment Variant | 1.2% | 1.2% | 0.6%\nWealth Variant – Limited Premium Payment Variant and Regular Premium Payment Variant | 4.80% | 2.40% | 0.6%\nWhole Life Variant | 4.80% | 2.40% | 0.6%\nThe Policy Administration Charge will inflate by 5% from 73rd month onwards and shall become 0 (Zero) starting 11th Policy Year.","sources":[{"clause":"5.1.3","heading":"Policy Administration Charge","page":37,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-3-2"},{"clause":null,"heading":"Policy Administration Charge (as a % of the Single Premium/ Annualised Premium) as per Premium","page":37,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-policy-administration-charge-as-a-of-the-single"}],"law":[]},{"key":"fund_management_charge","label":"Fund management charge","section":"Charges","meaning":"Yearly charge on fund value; capped at 1.35% by IRDAI.","status":"quote-verified","value":"Fund Management Charge is charged at annual rates by fund, divided by 365 and multiplied by days since the previous Valuation Date. The stated fund rates range from 0.50% for Discontinuance Policy Fund to 1.35% for specified funds.","display":"0.50% to 1.35% per annum by fund","note":"The rate differs by chosen fund.","quote":"Fund Management Charge shall be levied at rates equal to the annual rate, as given below, levied by cancelling Units from the Unit Account divided by 365 (Three Hundred Sixty Five) and multiplied by the number of days that have elapsed since previous Valuation Date: ... High Growth Fund | 1.25% ... High Growth Fund II | 1.35% ... Balanced Fund | 1.10%\nConservative Fund | 0.90%\nSecure Fund | 0.90%\nSecure Plus Fund | 0.90%\nMoney Market II Fund | 0.90%\nDynamic Bond Fund | 0.90%\nDiscontinuance Policy Fund | 0.50%","sources":[{"clause":"5.1.2","heading":"Fund Management Charge: Fund Management Charge shall be levied at rates equal to the","page":36,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-2-2"},{"clause":null,"heading":"FUND MANAGEMENT CHARGE","page":36,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-fund-management-charge"}],"law":[]},{"key":"mortality_charge","label":"Mortality charge","section":"Charges","meaning":"Cost of life cover, deducted monthly by age.","status":"quote-verified","value":"Mortality charge is deducted on every Monthly Anniversary by cancelling units, based on Sum at Risk, attained age and gender. The policy includes a per 1000 Sum at Risk table from age 0 to 105 and also states that extra mortality charge may be charged based on underwriting.","display":"Monthly per 1000 Sum at Risk by attained age and gender","note":null,"quote":"Mortality Charge: The mortality charges shall be levied in accordance with the table specified below: ... Mortality Charge per 1000 Sum at Risk ... Attained Age | Males | Females | Attained Age | Males | Females\n0 | 0.82 | 0.66 | 53 | 5.56 | 3.99 ... 105 | 519.25 | 418.46\nDuring the Policy Term and/ or settlement period, a proportionate mortality charge shall be levied by Us on the basis of ‘Sum at Risk’ on every Monthly Anniversary by cancelling an appropriate number of Units from the Unit Account at the prevailing NAV. The mortality charge on Death Benefit will be on Life Insured’s attained Age basis","sources":[{"clause":"5.1.11","heading":"Mortality Charge","page":37,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-11"},{"clause":null,"heading":"Mortality Charge per 1000 Sum at Risk","page":38,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-mortality-charge-per-1000-sum-at-risk"}],"law":[]},{"key":"discontinuance_charge","label":"Discontinuance charge","section":"Charges","meaning":"Charge if you stop paying in the first five years.","status":"quote-verified","value":"Discontinuance/Surrender Charge applies on discontinuance or surrender as per tables. For Limited/Regular Premium, in years 1 to 4 the charge is the lowest of stated percentages of Annualised Premium, percentages of Fund Value, or fixed amounts, and is Nil from the 5th policy year onwards; for Single Premium, similar lower-of percentages/fixed amounts apply and are Nil from the 5th policy year onwards.","display":"Years 1 to 4 lower-of charge by premium type; Nil from 5th year onwards","note":"Tables differ for Limited/Regular Premium and Single Premium, and by premium amount thresholds.","quote":"Discontinuance/Surrender Charge: This charge shall be levied on the Discontinuance/ Surrender of the Policy in accordance with the following table: ... 1st Policy Year | 20% | 20% | 3,000 | 6% | 6% | 6,000\n2nd Policy Year | 15% | 15% | 2,000 | 4% | 4% | 5,000\n3rd Policy Year | 10% | 10% | 1,500 | 3% | 3% | 4,000\n4th Policy Year | 5% | 5% | 1,000 | 2% | 2% | 2,000\n5 | th and onward | s | Nil | Nil | Nil | Nil | Nil | Nil ... 1st Policy Year | 2.00% | 2.00% | 3,000 | 1.00% | 1.00% | 6,000\n2nd Policy Year | 1.50% | 1.50% | 2,000 | 0.70% | 0.70% | 5,000\n3rd Policy Year | 1.00% | 1.00% | 1,500 | 0.50% | 0.50% | 4,000\n4th Policy Year | 0.50% | 0.50% | 1,000 | 0.35% | 0.35% | 2,000\n5th and onwards | Nil | Nil | Nil | Nil | Nil | Nil","sources":[{"clause":"5.1.12","heading":"Discontinuance/Surrender Charge: This charge shall be levied on the Discontinuance/","page":39,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-12"},{"clause":"5.1.12(i)","heading":null,"page":39,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-12-i"},{"clause":"5.1.12(ii)","heading":null,"page":39,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-12-ii"}],"law":[]},{"key":"switches_withdrawals","label":"Switches and partial withdrawals","section":"Renewal and rights","meaning":"Free fund switches and withdrawals after lock-in.","status":"quote-verified","value":"Premium redirections and switches are free; switches require at least Rs. 5,000 and can be made any number of times. Partial withdrawals require at least Rs. 5,000, are allowed only if the Life Insured is at least 18, up to 12 times in a Policy Year, not more than 25% of Fund Value, and not before the 6th Policy Year. Whole Life Variant smart withdrawals can be up to 8% per annum after completion of 10 Policy Years or end of Premium Payment Term, whichever is later.","display":"Free unlimited switches; partial withdrawals from 6th Policy Year up to 12 per year and 25% of Fund Value; smart withdrawals up to 8% p.a. for Whole Life","note":"Switches and partial withdrawals are not allowed during discontinuance; partial withdrawals are also not allowed during settlement period.","quote":"Subject to the terms or the Policy, there is no cap on the number of Premium Redirection during a Policy Year and all are free of charge. ... You may Switch Units from one Fund to another ... provided that the minimum amount to be Switched is at least Rs. 5,000 (Rupees Five Thousand). ... You may Switch any number of times without any charges. ... The amount to be withdrawn is at least Rs. 5,000 (Rupees Five Thousand); ... If the Life Insured is at least 18 years of age at the date of request. ... You may make upto 12 (Twelve) Partial Withdrawals in a Policy Year such that the total Fund Value Withdrawn is not more than 25% (Twenty Five percent) of the Fund Value ... You shall not be allowed to make any Partial Withdrawal before the commencement of the 6th (Sixth) Policy Year ... You can opt for maximum of 8% per annum of the available Fund Value as smart withdrawal. ... The smart withdrawal may be made only after completion of 10 Policy Years or at the end of\nPremium Payment Term, whichever is later","sources":[{"clause":"4.2","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-4-2-3"},{"clause":"5.1","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-1-2"},{"clause":"5.2","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-5-2-3"},{"clause":"6.2","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-6-2-3"},{"clause":"6.3","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-6-3-2"},{"clause":"6.4","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-6-4"},{"clause":"6.5","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-6-5"},{"clause":"7.1.2","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-7-1-2"},{"clause":"7.1.3","heading":"The smart withdrawal may be made only after completion of 10 Policy Years or at the end of","page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843#c-7-1-3"}],"law":[]}],"documents":[{"kind":"wording","label":"Axis Max Life Flexi Wealth Advantage Plan - (UIN: 104L121V01)","pages":31,"fetched_at":"2026-10-17 19:38:52+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/104L121V01_Flexi%20Wealth%20Advantage%20Plan_Policy%20Document.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2584"},{"kind":"wording","label":"Policy Contract","pages":51,"fetched_at":"2026-10-17 19:43:55+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/FWAP_Policy_Document_a01685a787.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2843"},{"kind":"prospectus","label":"Policy Prospectus","pages":48,"fetched_at":"2026-10-17 19:34:55+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/FWAP_Prospectus_eca05de77c.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2368"},{"kind":"cis","label":"Customer Information Sheet","pages":4,"fetched_at":"2026-10-17 19:35:17+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/FWAP_CIS_e717637093.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2386"},{"kind":"brochure","label":"Policy Leaflet","pages":16,"fetched_at":"2026-10-17 19:35:05+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/FWAP_Leaflet_ede960a928.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05/document/2376"}],"versions":[{"uin":"104L121V01","version":null,"approved_on":null},{"uin":"104L121V05","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Axis Max Life Insurance official website","url":"https://www.axismaxlife.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims centre","url":"https://www.axismaxlife.com/claims-centre","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.axismaxlife.com/customer-servicing/grievance-redressal","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Pay renewal premium","url":"https://www.axismaxlife.com/cs/pay-online","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Axis Max Life Flexi Wealth Advantage Plan (UIN 104L121V05), IndiaInsurances, https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-flexi-wealth-advantage-plan-104l121v05"}