{"uin":"104N123V07","name":"Axis Max Life Smart Fixed-return Digital Plan","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07","insurer":{"slug":"axis-max-life-insurance","name":"Axis Max Life Insurance Limited","url":"https://indiainsurances.com/insurer/axis-max-life-insurance"},"line":"life","category":"savings-life","category_name":"Endowment and savings plans","irdai_type":"Product","kind":"product","status":"active","approved_on":"2022-05-26","withdrawn_on":null,"summary":"Axis Max Life Smart Fixed-return Digital Plan is a non-linked non-participating individual savings plan with three variants: Gold (single premium, 5 or 10 year term) and Platinum and Titanium (premiums for 5 or 10 years, terms of 5 to 30 years). It pays a guaranteed lump sum at maturity, with Guaranteed Additions under Titanium, and the Sum Assured on Death is 1.25 or 10 times the single premium for Gold and 11 times the annualised premium for Platinum and Titanium.","analysis":{"state":"extracted","analysed_at":"2026-10-16 07:12:02.021616+00","note":"Every stated fact carries a verbatim quote found in the cited clause."},"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":"cross-checked","value":["Gold Variant","Platinum Variant","Titanium Variant"],"display":"Gold, Platinum and Titanium variants","note":"Gold is single premium (single or joint life); Platinum and Titanium are limited or regular premium, single life. Only Titanium adds Guaranteed Additions. The variant cannot be changed after the Date of Commencement of Risk. A point of sale (POS) version has its own limits.","quote":"“Policy Variants” means the ‘Gold Variant’, ‘Platinum Variant’ or ‘Titanium Variant’ of this Policy, as specified in the Schedule. ... “Single Premium Payment Variant” means Gold Variant ... “Limited Premium Payment Variant” means Platinum Variant or Titanium Variant ... In cases where the Policy has been taken on joint life basis (only for Gold Variant) ... Only in case you have chosen Titanium Variant of the Policy and the Policy is fully paid up","sources":[{"clause":"28","heading":"“Policy Variants”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-28"},{"clause":"45","heading":"“Single Premium Payment Variant”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-45"},{"clause":"19","heading":"“Limited Premium Payment Variant”","page":5,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-19"},{"clause":"1.1.2","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-1-2"},{"clause":"1.2.2","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-2-2-2"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"cross-checked","value":"Gold: 5 or 10 years. Platinum and Titanium: 5, 10, 15, 20, 25 or 30 years.","display":"Gold: 5 or 10 years; Platinum and Titanium: 5, 10, 15, 20, 25 or 30 years","note":"With a 10-year premium payment term the policy term is 10 to 30 years (from the sales brochure). The prospectus POS table stops at a 20-year term for Platinum and Titanium; the sales brochure says POS boundary conditions are the same as for other policies.","quote":"1. Gold: Under this variant, you ... A Guaranteed lump sum on survival at the end of the chosen period (Policy Term) of 5 or 10 years. ... 2. Platinum: Under this variant, you ... A Guaranteed lump sum on survival at the end of the chosen period (Policy Term) of 5, 10, 15, 20, 25 or 30 years. ... 3. Titanium: Under this variant, you ... A Guaranteed lump sum on survival at the end of the chosen period (Policy Term) of 5, 10, 15, 20, 25, 30 years. ... 10 | 10,15,20,25,30 ... 20 | 91 Day s | 45 | 18 | 65 ... All the boundary conditions as mentioned above remain the same for POS policies","sources":[{"clause":null,"heading":"AXIS MAX LIFE SMART FIXED-RETURN DIGITAL PLAN– DESCRIPTION OF VARIANTS","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-axis-max-life-smart-fixed-return-digital-plan-de"},{"clause":null,"heading":"Policy Term &","page":4,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/255#c-policy-term"},{"clause":null,"heading":"Boundary conditions for POS variant","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-boundary-conditions-for-pos-variant"},{"clause":null,"heading":"Boundary conditions for POS variant","page":4,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/255#c-boundary-conditions-for-pos-variant"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"cross-checked","value":"The Claimant must intimate the claim, with the necessary documents, at the earliest possible time. No fixed number of days is given.","display":"At the earliest possible time","note":"Can be made in person, online, through the distribution channel or the authorised call centre.","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":"2.5","heading":null,"page":15,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-5-2"}],"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":"cross-checked","value":["claimant's statement in the prescribed form (death claim application form -form A)","original Policy document","copy of police complaint/ first information report (accident, unnatural or suicidal death)","post mortem report, autopsy/viscera report and final police investigation report /charge sheet (accident, unnatural or suicidal death)","original/ attested copy of death certificate","discharge summary / indoor case papers (death in a hospital)","identity proofs of the Claimants","employer certificate with complete leave records (Form E)","copy of bank passbook / cancelled cheque of the Claimant","ITR for last 3 years / GST certificate (self employed)","attending physician's statement (Form C) and the medical records (medical/natural death)","NEFT mandate form","Bank statement of last 2 years of the Life Insured","Maturity: NEFT Form, cancelled cheque or passbook copy, self-attested photo ID proof"],"display":"Claim form A, policy document, death certificate, medical and police records as applicable, ID and bank proofs; NEFT form and photo ID for maturity","note":"The death claim list also asks for medical booklet / CGHS card (defence and central government staff), body transfer and passport documents for death abroad, other insurance details with claim history, and any other documents the insurer requires. The insurer may waive requirements in a force majeure event.","quote":"a) claimant’s statement in the prescribed form (death claim application form -form A); ... b) original Policy document; ... c) 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); ... d) a copy of duly certified post mortem report, autopsy/viscera report and a copy of the final police investigation report /charge sheet ... e) original/ attested copy of death certificate issued by the local/municipal authority ... f) discharge summary / indoor case papers in case death happened due to medical reasons in a hospital; ... j) identity proofs of the Claimants bearing their photographs and signatures ... l) employer certificate with complete leave records (Form E); ... m) copy of bank passbook / cancelled cheque of the Claimant; ... n) ITR for last 3 years / GST certificate in case of self employed; ... o) in case of a medical/natural death of the Life Insured, the attending physician’s statement (Form C) and the medical records ... p) NEFT mandate form attested by bank authorities; ... q) Bank statement of last 2 years of the Life Insured ... a) NEFT Form (if not provided earlier); ... b) a cancelled cheque or copy of passbook with pre-printed name and bank account number ... c) self-attested photo ID proof","sources":[{"clause":"2.1.1","heading":"Death claim documents","page":15,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-1-1"},{"clause":"2.1.2","heading":"Maturity claim documents","page":15,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-1-2-2"}],"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 only points to \"Service TATs in Insurance - Axis Max Life Insurance\" for the claim settlement turn-around time; no time is printed.","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":"cross-checked","value":["Suicide within 12 months from the Date of Commencement of Risk or from the date of Revival: only premiums paid or the Surrender Value is paid","Point of sale policy: death during the 90-day Waiting Period due to any reason other than an Accident: only 100% of the Total Premiums Paid is refunded"],"display":"Suicide within 12 months; non-accidental death in the first 90 days of a point of sale policy","note":"The policy states there are no restrictions on travel or occupation. The waiting period does not apply to accidental death or on revival.","quote":"if the Life Insured/any of the Insured Persons commits suicide, whether minor/major, whether sane or insane, within 12 (Twelve) months from the Date of Commencement of Risk or from the date of Revival of this Policy ... “Waiting Period” shall mean a period of 90 days from the Date of Commencement of Risk/Inception of the Policy. It is applicable only in case the Policy is sourced.as a point of sale policy ... in case the Life Insured/ Insured Persons die during the Waiting Period due to any reason other than an Accident, We will refund 100% of the Total Premiums Paid till the date of death","sources":[{"clause":"5","heading":"SUICIDE EXCLUSION","page":16,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-5-8"},{"clause":"54","heading":"“Waiting Period”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-54"},{"clause":"1.1.3(i)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-1-3-i"}],"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":"cross-checked","value":"First write to your agent or the customer helpdesk (Helpline 1860 120 5577, service.helpdesk@axismaxlife.com) or any office. If the response is not satisfactory or there is no response within 14 days, complain to the Grievance Redressal Officer (manager.services@axismaxlife.com) or the IRDAI Grievance Call Centre (Bima Bharosa).","display":"Agent or customer helpdesk (1860 120 5577), then the Grievance Redressal Officer if no reply in 14 days","note":"Insurance Ombudsman if not satisfied or no response within 1 month.","quote":"All consumer grievances and/or queries may be first addressed to Your agent or Our customer helpdesk as mentioned below: ... Helpline No. – 1860 120 5577, Email: service.helpdesk@axismaxlife.com, Or ... To any office of Axis Max Life Insurance Limited. ... 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: ... Grievance Redressal Officer, Axis Max Life Insurance Limited ... Email: manager.services@axismaxlife.com; ... the complainant may approach the Grievance Cell of the IRDAI","sources":[{"clause":"1.1","heading":null,"page":18,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-1-6"},{"clause":"1.2","heading":"If Our response is not satisfactory or there is no response within 14 (Fourteen) days","page":18,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-2-6"},{"clause":"1.2.1","heading":null,"page":18,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-2-1-2"},{"clause":"1.2.2","heading":null,"page":18,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-2-2-3"}],"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":"cross-checked","value":"Set by a rule, not a fixed range. Sum Assured on Death is the Death Benefit Multiple (1.25 or 10) times the Single Premium for Gold single life; for Gold joint life 1.25 times on the first death and 10 times on the last death; 11 times the Annualised Premium for Platinum and Titanium (plus any Underwriting Extra Premium).","display":"Gold: 1.25 or 10 times the Single Premium; Platinum and Titanium: 11 times the Annualised Premium","note":"Minimum premium Rs 35,000 single (Gold) or Rs 5,000 a year (Platinum, Titanium); no maximum, subject to underwriting (prospectus). POS policies cap the death benefit at Rs 25,00,000 per insurer (from the sales brochure). The prospectus describes the Platinum and Titanium death benefit as at least 11 times the Annualized Premium.","quote":"i) In case of single life - Death Benefit Multiple times Single Premium (plus Underwriting Extra Premium, if any) ... ii) In case of joint life - 1.25 times Single Premium (plus Underwriting Extra Premium, if any) on the death of first Insured Person and 10 times Single Premium (plus Underwriting Extra Premium, if any) on the death of last surviving Insured Person. ... b) For Regular Premium Payment Variant/ Limited Premium Payment Variant - 11 times Annualised Premium (plus Underwriting Extra Premium, if any); ... “Death Benefit Multiple” (applicable in case of Gold Variant i.e. Single Premium Payment Variant only) ... The available Death Benefit Multiples under the Policy are 1.25 or 10 ... “Regular Premium Payment Variant” means Platinum Variant or Titanium Variant ... “Limited Premium Payment Variant” means Platinum Variant or Titanium Variant ... 35,000 | No Limit ^ ... Annual: 5,000; Semi-annual: 2,537.5; ... All the boundary conditions as mentioned above remain the same for POS policies with the maximum death benefit capped at 25,00,000 per insurer.","sources":[{"clause":"47","heading":"“Sum Assured on Death”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-47"},{"clause":"10","heading":null,"page":5,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-10"},{"clause":"38","heading":"“Regular Premium Payment Variant”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-38"},{"clause":"19","heading":"“Limited Premium Payment Variant”","page":5,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-19"},{"clause":null,"heading":"PLAN AT A GLANCE","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-plan-at-a-glance"},{"clause":null,"heading":"Boundary conditions for POS variant","page":4,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/255#c-boundary-conditions-for-pos-variant"}],"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":"cross-checked","value":"Lump sum on death during the term while the policy is in force: the highest of the Sum Assured on Death, 105% of Total Premiums Paid (plus modal loadings and Underwriting Extra Premium), or the Surrender Value on the date of death.","display":"Highest of Sum Assured on Death, 105% of Total Premiums Paid, or the Surrender Value","note":"Gold joint life: Sum Assured on Death to the survivor on the first death; higher of Sum Assured on Death or Surrender Value on the second death. Point of sale policies: non-accidental death in the first 90 days refunds premiums only.","quote":"If the Life Insured dies during the Policy Term, provided the Policy is in force and is not a Lapsed Policy or in Reduced Paid Up Mode, on the date of death of the Life Insured, We will pay guaranteed Death Benefit which will be the highest amongst the following: ... i) Sum Assured on Death; ... ii) 105% (One Hundred Five percent) of sum of Total Premiums Paid plus loadings for modal premiums and Underwriting Extra Premium (if any) received under the Policy, as on the date of death of the Life Insured; or ... iii) Surrender Value applicable as on the date of death of the Life Insured. ... a) On first death: If any of the Insured Persons dies during the Policy Term, We will pay to the last surviving Insured Person, a lump sum amount equal to the Sum Assured on Death ... b) On second death: Upon the death of the last surviving Insured Person during the Policy Term, We will pay to the Claimant, a lump sum amount which will be the higher of the following: ... i) Sum Assured on Death; or ... ii) Surrender Value applicable as on the date of death of the last surviving Insured Person ... “Waiting Period” shall mean a period of 90 days from the Date of Commencement of Risk/Inception of the Policy. ... in case the Life Insured/ Insured Persons die during the Waiting Period due to any reason other than an Accident, We will refund 100% of the Total Premiums Paid","sources":[{"clause":"1.1.1","heading":"In cases where the Policy has been taken on single life basis (for all Policy Variants)","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-1-1"},{"clause":"1.1.2","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-1-2"},{"clause":"54","heading":"“Waiting Period”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-54"},{"clause":"1.1.3(i)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-1-3-i"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"cross-checked","value":"Sum Assured on Maturity, paid if the life insured survives to the Maturity Date and the policy is in force. Titanium also pays accrued Guaranteed Additions once fully paid up. Gold and Platinum: Sum Assured on Maturity is total premiums payable times the Maturity Benefit Rate; Titanium: 105% of total premiums paid.","display":"Sum Assured on Maturity; Titanium also pays accrued Guaranteed Additions","note":"The prospectus also shows an Additional Maturity Benefit by premium band and extra maturity benefit for women (0.25% for a 5-year term, 0.5% for 10 years or more); the policy wording does not mention these. Rates are in Annexure 1 of the prospectus.","quote":"If the Life Insured/ Insured Persons have survived until the Maturity Date, provided the Policy is in force and is neither a Lapsed Policy nor in Reduced Paid Up Mode on the Maturity Date, We shall pay the Sum Assured on Maturity. ... Only in case you have chosen Titanium Variant of the Policy and the Policy is fully paid up and, if the Life Insured has survived until the Maturity Date, We shall pay accrued Guaranteed Additions besides Sum Assured on Maturity. ... Gold and Platinum Variant: Sum Assured on Maturity (SAM) Where, SAM is equal to Total premiums payable * Maturity Benefit Rate Titanium Variant: Sum Assured on Maturity (SAM) + Accrued Guaranteed Additions (GA) Where SAM is equal to 105% of total premiums paid ... higher maturity benefits will be offered for higher premium bands ... 0.25% of additional maturity benefit for policy term of 5 years and ... 0.5% of additional maturity benefit for policy term of greater than equal to 10 years","sources":[{"clause":"1.2.1","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-2-1"},{"clause":"1.2.2","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-2-2-2"},{"clause":null,"heading":"Plan Benefits","page":9,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-plan-benefits"},{"clause":null,"heading":"HIGHER BENEFITS FOR HIGHER PREMIUM POLICIES","page":5,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-higher-benefits-for-higher-premium-policies"},{"clause":null,"heading":"SPECIAL BENEFITS FOR WOMEN","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-special-benefits-for-women"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"cross-checked","value":"Gold: single premium paid once. Platinum and Titanium: 5 or 10 years.","display":"Gold: single pay; Platinum and Titanium: 5 or 10 years","note":"Platinum and Titanium may be regular pay (premium term equal to the policy term) or limited pay.","quote":"Pay premium only once (Single Pay). ... Pay premiums for 5 or 10 years (Premium Payment Term) ... in which the Premium is payable to Us in regular installments throughout the Premium Payment Term, which is the same as the Policy Term","sources":[{"clause":null,"heading":"AXIS MAX LIFE SMART FIXED-RETURN DIGITAL PLAN– DESCRIPTION OF VARIANTS","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-axis-max-life-smart-fixed-return-digital-plan-de"},{"clause":"38","heading":"“Regular Premium Payment Variant”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-38"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"cross-checked","value":"85 years (age last birthday) for Platinum and Titanium with a 25 or 30 year term; 60 years for Gold.","display":"85 years (Platinum and Titanium); 60 years (Gold)","note":"Minimum maturity age 18. Maximum maturity age falls with shorter terms (65 for a 5-year term). For POS policies the prospectus caps it at 65; the sales brochure says POS conditions are the same as for other policies. For joint life the older life's age is used.","quote":"25 | 91 Day s | 60 | 18 | 85 ... 30 | 91 Day s | 55 | 18 | 85 ... 10 | 8 | 50 | 18 | 60 ... *All ages mentioned above are age as on last birthday ... 5 | 13 | 60 | 18 | 65 ... Age of older life shall be considered for arriving at maximum entry age and maximum maturity age. ... 20 | 91 Day s | 45 | 18 | 65","sources":[{"clause":null,"heading":"PLAN AT A GLANCE","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-plan-at-a-glance"},{"clause":null,"heading":"Eligibility for Joint life","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-eligibility-for-joint-life"},{"clause":null,"heading":"Boundary conditions for POS variant","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-boundary-conditions-for-pos-variant"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"cross-checked","value":"Suicide within 12 months of the Date of Commencement of Risk or revival ends the policy. If the policy has a Surrender Value, the higher of the Surrender Value or Total Premiums Paid (plus modal loadings and Underwriting Extra Premium) is paid; otherwise Total Premiums Paid plus those amounts.","display":"Within 12 months: higher of Surrender Value or premiums paid; premiums paid if no Surrender Value","note":"Applies to either life under a joint life policy. Paid only if the policy is in force.","quote":"commits suicide, whether minor/major, whether sane or insane, within 12 (Twelve) months from the Date of Commencement of Risk or from the date of Revival of this Policy, as applicable, all risks and benefits under this Policy shall cease the Policy shall terminate immediately ... higher of the Surrender Value as on the date of death or the sum of Total Premiums Paid, plus loadings for modal premiums and Underwriting Extra Premium, if any, paid till the date of death, if the Policy has acquired a Surrender Value; or ... Total Premiums Paid plus loadings for modal premiums and Underwriting Extra Premium, if any, received by Us till the date of death, if the Policy has not acquired a Surrender Value. ... We shall only pay the following to the Claimant, provided that the Policy is in force:","sources":[{"clause":"5","heading":"SUICIDE EXCLUSION","page":16,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-5-8"},{"clause":"5.1","heading":null,"page":16,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-5-1-2"},{"clause":"5.2","heading":null,"page":16,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-5-2-3"}],"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":"cross-checked","value":"Surrender Value is the higher of the Guaranteed Surrender Value and Special Surrender Value. Gold (single premium) acquires both immediately on payment. Platinum and Titanium acquire the Special Surrender Value after the first Policy Year with one full year's premium, and the Guaranteed Surrender Value after two full years' premiums.","display":"Higher of Guaranteed or Special Surrender Value; Gold from day one, Platinum and Titanium after the first policy year","note":"Guaranteed Surrender Value factors (Table 1) apply to Total Premiums Paid: e.g. 75% in years 1 to 3 for single pay, NIL in year 1 and 30% in year 2 for 5 pay. Guaranteed Additions get a 30% factor, only when fully paid up. The policy terminates on surrender and cannot be reinstated.","quote":"The Surrender Value will be equal to the higher of Guaranteed Surrender Value or Special Surrender Value. ... a) For Single Premium Payment Variant: Immediately upon receipt of Single Premium ... b) Limited Premium Payment Variant / Regular Premium Payment Variant: On receipt of complete Premiums for first two Policy Years. ... Your Policy also acquires a Special Surrender Value after completion of first Policy Year provided one full year Premium has been received and shall become payable after completion of first Policy Year for Limited Premium Payment Variant/ Regular Premium Payment Variant. For Single Premium Payment Variant, Your Policy shall acquire a Special Surrender Value immediately upon receipt of Single Premium. ... 1 | 75% | 75% | NIL | NIL ... 2 | 75% | 75% | 30% | 30% ... 3 | 75% | 75% | 35% | 35% ... Guaranteed Surrender Value factors for Guaranteed Additions which is 30% multiplied by the accrued Guaranteed Additions ... Surrender Value for accrued Guaranteed Additions shall be payable only if the Policy is fully paid up ... Once You have surrendered the Policy, the same cannot be reinstated.","sources":[{"clause":"1.3","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-3-2"},{"clause":"1.5.1","heading":"The Policy shall acquire Guaranteed Surrender Value, subject to the following criteria","page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-5-1"},{"clause":"1.6.1","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-6-1"},{"clause":null,"heading":"Table 1 – Guaranteed Surrender Value factors","page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-table-1-guaranteed-surrender-value-factors"},{"clause":"1.5.2","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-5-2"},{"clause":"1.4","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-4"}],"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":"cross-checked","value":"Once the policy has a Surrender Value, missing premiums puts it in Reduced Paid Up Mode instead of lapsing: Sum Assured on Death and Sum Assured on Maturity are multiplied by premiums paid over premiums originally payable. Not applicable to Gold (single premium).","display":"Reduced paid-up: cover and maturity sum cut in proportion to premiums paid","note":"Reduced paid-up death benefit is the highest of the reduced Sum Assured on Death, 105% of premiums paid, or the Surrender Value. The policy lapses if the reduced paid-up sum assured is less than Rs. 2500.","quote":"If this Policy has acquired a Surrender Value as specified under Clause 1 of Part D, in the event of non-payment of the due Premiums by You to Us on the expiry of the Grace Period this Policy, will not become a Lapsed Policy and will continue under Reduced Paid Up Mode unless revived. ... “Reduced Paid Up Factor” means the ratio of total period for which Premiums have already been paid to the maximum period for which premiums were originally payable; ... “Reduced Paid Up Sum Assured on Death” means an amount equal to the Sum Assured on Death multiplied Reduced Paid Up Factor; ... “Reduced Paid Up Sum Assured on Maturity” means an amount equal to the Sum Assured on Maturity multiplied Reduced Paid Up Factor; ... Note - The above benefits are not applicable in case of Single Premium Payment Variant. ... We will pay the Reduced Paid Up Death Benefit to the Claimant which shall be highest amongst: ... shall lapse if the Reduced Paid Up Sum Insured exclusive of the Guaranteed Additions under the Policy is less than Rs. 2500/-.","sources":[{"clause":"2","heading":"Reduced Paid Up Benefits","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-3"},{"clause":"34","heading":"“Reduced Paid Up Factor”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-34"},{"clause":"35","heading":"“Reduced Paid Up Sum Assured on Death”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-35"},{"clause":"37","heading":"“Reduced Paid Up Sum Assured on Maturity”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-37"},{"clause":"2.2","heading":"Reduced Paid Up Maturity Benefit","page":9,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-2-2"},{"clause":"2.1","heading":"Reduced Paid Up Death Benefit","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-1"},{"clause":"2.3","heading":"Reduced Paid Up Surrender Value of a Policy","page":9,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-3-2"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"cross-checked","value":"Within the Revival Period of 5 consecutive years from the due date of the first unpaid premium, on written request, evidence of insurability and payment of overdue premiums with interest.","display":"5 years from the first unpaid premium","note":"Interest: nil for 0-60 days, RBI Bank Rate + 1% for 61-180 days, RBI Bank Rate + 3% after 180 days. Cannot be revived beyond the Policy Term. The prospectus says revival is not applicable for Gold variant.","quote":"“Revival Period” means a period of 5 (Five) consecutive years from the due date of the first unpaid Premium; ... A Lapsed Policy or a Policy under Reduced Paid Up Mode can be revived as per the Underwriting Policy, within the Revival Period: ... on receipt of Your written request to Revive the Policy by Us; ... if You produce an evidence of insurability ... on payment of all overdue Premiums (along with the applicable taxes, cesses and levies, if any) to Us with interest rate ... 0-60 | Nil | 0.00% ... 61-180 | RBI Bank Rate + 1% per annum. ... >180 | RBI Bank Rate + 3% per annum. ... For the avoidance of doubt, the Policy cannot be revived beyond the Policy Term. ... Revival is not applicable for Gold variant.","sources":[{"clause":"40","heading":"“Revival Period”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-40"},{"clause":"3.1","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-3-1-2"},{"clause":"3.1.1","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-3-1-1"},{"clause":"3.1.2","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-3-1-2-2"},{"clause":"3.1.3","heading":null,"page":12,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-3-1-3"},{"clause":"3.5","heading":null,"page":12,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-3-5-2"},{"clause":null,"heading":"REVIVAL OF THE PLAN","page":13,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-revival-of-the-plan"}],"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":"cross-checked","value":"Yes, once the policy has acquired a Surrender Value: minimum INR 10,000, up to 75% of the Surrender Value. Interest is RBI Bank Rate plus 3.0%, currently 9.75% p.a. compounded annually.","display":"Yes, from INR 10,000 up to 75% of the Surrender Value, at 9.75% p.a.","note":"The policy is assigned to the insurer until repaid. A reduced paid-up policy terminates if loan plus interest exceeds the Surrender Value.","quote":"Once this Policy has acquired the Surrender Value, then, You will be eligible for grant of loans from Us. ... The minimum amount of loan which can be granted by Us under this Policy is INR 10,000 (Rupees Ten Thousand). In no event shall the maximum amount of loan which can be granted under this Policy during the Policy Term exceed 75% (Seventy-Five percent) of the Surrender Value ... The loan interest rate shall be equal to applicable ‘RBI Bank Rate’ plus 3.0%. The current loan interest rate is 9.75% p.a. compounded annually ... this Policy shall automatically be assigned in Our favour ... if the outstanding loan amount granted to You and accumulated interest on such loan exceed the Surrender Value, the Policy will terminate.","sources":[{"clause":"2.1","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-1-2"},{"clause":"2.2","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-2-3"},{"clause":"2.5","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-5"},{"clause":"2.3","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-3-3"},{"clause":"2.8","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-2-8"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"cross-checked","value":["Axis Max Life Waiver of Premium Plus Rider (UIN: 104B029V06)","Axis Max Life Accidental Death and Dismemberment Rider (UIN: 104B027V05)","Axis Max Life Term Plus Rider (UIN: 104B026V04)","Axis Max Life Critical Illness and Disability Rider (UIN: 104B033V02)"],"display":"Waiver of Premium Plus, Accidental Death and Dismemberment, Term Plus, Critical Illness and Disability riders","note":"No riders for point of sale (POS) policies.","quote":"Axis Max Life Waiver of Premium Plus Rider (UIN: 104B029V06), which provides waiver of all future premiums in case of Critical Illness or dismemberment or Death ... Axis Max Life Accidental Death and Dismemberment Rider (UIN: 104B027V05) ... Axis Max Life Term Plus Rider (UIN: 104B026V04) ... Axis Max Life Critical Illness and Disability Rider (UIN: 104B033V02) ... NO RIDERS WILL BE AVAILABLE FOR POS POLICIES.","sources":[{"clause":null,"heading":"RIDERS","page":14,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-riders"},{"clause":null,"heading":"NO RIDERS WILL BE AVAILABLE FOR POS POLICIES.TERMINATION OF POLICY","page":14,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-no-riders-will-be-available-for-pos-policies-ter"}],"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":"cross-checked","value":"The policy cannot be called in question on any ground after 3 years from the date of issue, risk commencement, revival or rider, whichever is later. Within 3 years it can be questioned on the ground of fraud, or of a mis-statement or suppression of a material fact.","display":"No challenge on any ground after 3 years; within 3 years only for fraud or material mis-statement","note":"If repudiated for mis-statement (not fraud), premiums collected are refunded within 90 days.","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. 2.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 the proposal","sources":[{"clause":"Section 45","heading":"Policy shall not be called in question on the ground of mis-statement after three years","page":21,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-section-45"},{"clause":"Section 45(a)","heading":null,"page":21,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-section-45-a"}],"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":"cross-checked","value":"Tax benefits may be available as per prevailing tax laws, which are subject to change; consult your tax advisor.","display":"Tax benefits may be available as per prevailing tax laws","note":"The sales leaflet calls the lump sum \"Tax-free\" subject to prevailing tax laws.","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":15,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-3-3"}],"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":"cross-checked","value":{"unit":"days","amount":30},"display":"30 days","note":"Refund of premium less proportionate risk premium, stamp duty and medical examination expenses.","quote":"“Freelook” means a period of 30 days beginning from the date of receipt the Policy to review the terms and conditions of the Policy. ... You shall be entitled to a refund of the Premium received by Us after deducting the proportionate risk Premium for the period of cover, stamp duty charges paid and the expenses incurred by Us on medical examination","sources":[{"clause":"6","heading":"FREELOOK CANCELLATION","page":13,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-6-2"}],"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":"cross-checked","value":{"unit":"days","amount":30},"display":"30 days (15 days for monthly mode)","note":"15 days for monthly mode. Cover continues during the grace period; an unpaid due premium is deducted from the death benefit.","quote":"The grace period is a period of 15 (Fifteen) days from the due date of the first unpaid Premium for monthly Premium payment mode and 30 (Thirty) days from the due date of the first unpaid Premium for annually, semi-annually or quarterly premium payment modes; ... The insurance coverage continues during the Grace Period.","sources":[{"clause":"12","heading":"“Grace Period”","page":5,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-12"},{"clause":"4.2","heading":null,"page":9,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-4-2-2"}],"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":"cross-checked","value":"91 days to 60 years (age last birthday), depending on variant and term. Platinum and Titanium: 91 days (20 to 30 year terms) to 60 years. Gold: 8 or 13 years to 50 years.","display":"91 days to 60 years","note":"Minimum entry age is 13 for a 5-year term, 8 for 10 years, 3 for 15 years, 91 days for 20 to 30 years. Maximum is 55 for a 30-year term, and 45 for Gold with the 10x death benefit multiple. The prospectus POS table has lower maximums (down to 45 for a 20-year term); the sales brochure says POS conditions are the same. Joint life uses the older life's age.","quote":"20 | 91 Day s | 60 | 18 | 80 ... 15 | 3 | 60 | 18 | 75 ... 30 | 91 Day s | 55 | 18 | 85 ... Single Life | 1.25 | 5 | 13 | 50 | 18 | 55 ... 10 | 8 | 50 | 18 | 60 ... 10 | 5 | 13 | 45 | 18 | 50 ... *All ages mentioned above are age as on last birthday ... 20 | 91 Day s | 45 | 18 | 65 ... Age of older life shall be considered for arriving at maximum entry age and maximum maturity age.","sources":[{"clause":null,"heading":"PLAN AT A GLANCE","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-plan-at-a-glance"},{"clause":null,"heading":"Boundary conditions for POS variant","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-boundary-conditions-for-pos-variant"},{"clause":null,"heading":"Eligibility for Joint life","page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-eligibility-for-joint-life"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"cross-checked","value":["Annually","Semi-annually","Quarterly","Monthly","Single premium (Gold Variant)"],"display":"Annual, semi-annual, quarterly, monthly; single premium for Gold","note":"Modal factors: semi-annual 0.5075, quarterly 0.2558, monthly 0.0857.","quote":"You can pay the Premium annually, semi-annually, quarterly or on monthly basis, as per the Premium payment mode chosen by You. ... “Single Premium Payment Variant” means Gold Variant in which the Premium is received in lump sum before the Date of Commencement of Risk; ... ii) for semi-annual Premium payment mode - (0.5075); iii) for quarterly Premium payment mode - (0.2558); iv) for monthly Premium payment mode - (0.0857);","sources":[{"clause":"3.1","heading":null,"page":9,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-3-1"},{"clause":"45","heading":"“Single Premium Payment Variant”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-45"},{"clause":"22","heading":"“Modal Factor”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-22"}],"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":"cross-checked","value":["Single premium (Gold Variant)","Limited premium (Platinum or Titanium Variant)","Regular premium (Platinum or Titanium Variant)"],"display":"Single, limited or regular premium","note":null,"quote":"“Single Premium Payment Variant” means Gold Variant in which the Premium is received in lump sum before the Date of Commencement of Risk; ... “Limited Premium Payment Variant” means Platinum Variant or Titanium 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 Platinum Variant or Titanium Variant, in which the Premium is payable to Us in regular installments throughout the Premium Payment Term, which is the same as the Policy Term","sources":[{"clause":"45","heading":"“Single Premium Payment Variant”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-45"},{"clause":"19","heading":"“Limited Premium Payment Variant”","page":5,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-19"},{"clause":"38","heading":"“Regular Premium Payment Variant”","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-38"}],"law":[]},{"key":"guaranteed_benefits","label":"Guaranteed benefits","section":"Cover","meaning":"What is guaranteed, in rupees or as a formula, regardless of the insurer's performance.","status":"cross-checked","value":"Sum Assured on Maturity and Sum Assured on Death are absolute amounts guaranteed to become payable, the Death Benefit is guaranteed, Titanium adds Guaranteed Additions, and the Guaranteed Surrender Value is guaranteed, provided premiums are paid and the policy is in force.","display":"Sum Assured on Maturity, Death Benefit, Guaranteed Additions (Titanium) and Guaranteed Surrender Value","note":"Guaranteed Additions accrue only once all premiums are paid and the policy is not lapsed or reduced paid-up.","quote":"“Sum Assured on Maturity” means an absolute amount of benefit, which is guaranteed to become payable at the end of the Policy Term ... “Sum Assured on Death” means an absolute amount of benefit, which is guaranteed to become payable as per Clause 1.1 of Part C ... “Guaranteed Surrender Value” means an amount computed in accordance with Clause 1 of Part D, which is guaranteed by Us; ... Only in case you have chosen Titanium Variant of the Policy and the Policy is fully paid up and, if the Life Insured has survived until the Maturity Date, We shall pay accrued Guaranteed Additions besides Sum Assured on Maturity. ... *Provided all due premiums have been paid and the policy is in force.","sources":[{"clause":"48","heading":"“Sum Assured on Maturity”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-48"},{"clause":"47","heading":"“Sum Assured on Death”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-47"},{"clause":"14","heading":"“Guaranteed Surrender Value”","page":5,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-14"},{"clause":"1.2.2","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-1-2-2-2"},{"clause":"7","heading":"Tax benefits may be available as per prevailing tax laws","page":1,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-7"}],"law":[]},{"key":"bonus","label":"Bonus type","section":"Cover","meaning":"Participating plans share profits as bonuses; these are NOT guaranteed.","status":"cross-checked","value":"No bonus: this is a non-participating plan.","display":"None (non-participating plan)","note":"Returns are fixed by the Maturity Benefit Rate and, for Titanium, Guaranteed Additions.","quote":"A Non-Linked Non-Participating Individual Life Insurance Savings Plan","sources":[{"clause":null,"heading":"Axis Max Life Smart Fixed-return Digital Plan","page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-axis-max-life-smart-fixed-return-digital-plan"}],"law":[]},{"key":"illustration_returns","label":"Illustrated returns","section":"Cover","meaning":"The benefit illustration at the IRDAI rates (4% and 8%); not a promise.","status":"cross-checked","value":"The prospectus shows guaranteed sample benefits, not 4% and 8% projections. For a 30-year-old paying Rs 5,000 a month for 5 years (total Rs 2,91,715) with a 10-year term, Titanium pays Rs 4,49,440 and Platinum Rs 3,81,269 at maturity; Gold with a Rs 50,000 single premium pays Rs 73,634.","display":"Guaranteed sample at age 30, 10-year term: Titanium Rs 2,91,715 paid, Rs 4,49,440 at maturity","note":"No 4% and 8% scenarios are printed because the benefits are guaranteed. The sales leaflet quotes net rates of return of 5.67% (Titanium), 3.44% (Platinum) and 4.01% (Gold) for a 35-year-old. The prospectus women's benefit table gives Rs 4,49,439 for the same male case, one rupee off Illustration 1.","quote":"Illustration 1: Mr. Dhruv is a 30-year-old IT professional ... At the end of policy term of 10 years ... Gold | 50,000 once | 50,000 | 73,634 | NA | NA | NA | 73,634 | 5,00,000 ... Platinum | 5,000 per month for 5 years | 2,91,715 | 3,71,969 | NA | 9,299 | NA | 3,81,269 | 6,41,774 ... Titanium | 5,000 per month for 5 years | 2,91,715 | 3,06,301 | 1,34,110 | 9,028 | NA | 4,49,440 | 6,41,774","sources":[{"clause":null,"heading":"Illustration 1","page":3,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253#c-illustration-1"}],"law":[]},{"key":"money_back","label":"Survival or money-back payouts","section":"Cover","meaning":"Instalments paid during the term.","status":"cross-checked","value":"None: no survival benefits are payable during the term.","display":"None","note":null,"quote":"No survival benefits are payable under this Policy.","sources":[{"clause":"5","heading":"SURVIVAL BENEFIT","page":9,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252#c-5-2"}],"law":[]}],"documents":[{"kind":"wording","label":"Policy Contract","pages":22,"fetched_at":"2026-10-16 07:11:48.404859+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SFRD-Policy-Document-V07.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/252"},{"kind":"prospectus","label":"Prospectus","pages":22,"fetched_at":"2026-10-16 07:11:48.404859+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SFRD-Prospectus-V07.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/253"},{"kind":"cis","label":"Customer Information Sheet","pages":4,"fetched_at":"2026-10-16 07:11:48.404859+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SFRD-CIS-V07.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/254"},{"kind":"brochure","label":"Leaflet","pages":12,"fetched_at":"2026-10-16 07:11:48.404859+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SFRD-Leaflet-V07.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07/document/255"}],"versions":[{"uin":"104N123V01","version":null,"approved_on":null},{"uin":"104N123V07","version":null,"approved_on":null}],"where_to_buy":[],"claims_and_complaints":[],"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 Smart Fixed-return Digital Plan (UIN 104N123V07), IndiaInsurances, https://indiainsurances.com/policy/axis-max-life-insurance/axis-max-life-smart-fixed-return-digital-plan-104n123v07"}