{"uin":"104N137V16","name":"Smart Wealth Annuity Guaranteed Pension Plan","url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16","insurer":{"slug":"axis-max-life-insurance","name":"Axis Max Life Insurance Limited","url":"https://indiainsurances.com/insurer/axis-max-life-insurance"},"line":"life","category":"pension-annuity","category_name":"Pension and annuity","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"Axis Max Life Smart Wealth Annuity Guaranteed Pension Plan is a non-linked non-participating individual or group general annuity savings plan. It offers immediate and deferred annuity variants, 30 days free look, and no maturity benefit.","analysis":{"state":"machine","analysed_at":"2026-10-20 00:42:15.780149+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":["Individual General Annuity Savings Plan","Group General Annuity Savings Plan"],"display":"Individual and Group general annuity savings plans","note":null,"quote":"Axis Max Life Smart Wealth Annuity Guaranteed Pension Plan (A Non-linked Non-Participating Individual General Annuity Savings Plan) ... Axis Max Life Smart Wealth Annuity Guaranteed Pension Plan (A Non-linked Non-Participating Group General Annuity Savings Plan)","sources":[{"clause":"Part A","heading":null,"page":1,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-part-a"},{"clause":"Part A","heading":null,"page":1,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2836#c-part-a"}],"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":"For immediate or deferred single life variants, the policy term runs till death of the annuitant. For joint life variants it runs till death of the last surviving annuitant, and for the guaranteed period and life thereafter variant it runs till the end of the guaranteed period or death of the annuitant, whichever is later.","display":"Till death of annuitant; till death of last surviving annuitant for joint life; guaranteed period or death, whichever is later, for guaranteed-period variant","note":null,"quote":"“Policy Term”\ni) In case of Immediate Annuity & Deferred Annuity (single life) variants, shall be the period commencing on the Date of Commencement of Risk till the death of the Annuitant;\nii) Immediate Annuity & Deferred Annuity (joint life) variants, shall be the period commencing on the Date of Commencement of Risk till the death of the last surviving Annuitant;\niii) In case of ‘Annuity for Guaranteed Period and Life Thereafter’ Annuity Variants, shall be the period commencing on the Date of Commencement of Risk till the end of Guaranteed Period or till the death of the Annuitant, whichever is later.","sources":[{"clause":"29","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-29"}],"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":"For the group policy, the insurer must be intimated within 30 days and all documents must be submitted within 90 days from the date of death.","display":"Within 30 days, with all documents within 90 days from the date of death","note":"The individual policy wording lists claim documents but does not state an intimation deadline.","quote":"You and/or the Members should intimate the insurer within 30 days and with all the documents within 90 days from the date of death for processing of claim.","sources":[{"clause":"3.1","heading":null,"page":18,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2836#c-3-1-3"}],"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","a copy of death certificate issued by the local/municipal authority (if applicable)","identity proof of the Claimant bearing their photographs and signature","discharge summary / indoor case papers in case death happened due to medical reasons in a hospital","medical booklet / CGHS card details in case of defence and central government personnel","body transfer certificate / embassy documents / postmortem report whichever applicable in case of death in foreign country","complete passport copy in case of death in foreign country","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","attending physician’s statement (Form C) and the medical records","NEFT mandate form attested by bank authorities","Bank details of Claimant","any other documents or information required by Us for assessing and approving the claim request","Living Certificate","NEFT Form (if not provided earlier), A cancelled cheque or copy of passbook with pre-printed name and bank account number"],"display":"Death claim form, policy document, death certificate, identity proof, medical/hospital records where applicable, bank details/NEFT, and other listed documents; survival benefit needs a Living Certificate and NEFT/bank proof if not already provided","note":null,"quote":"Claimant’s statement in the prescribed form (death claim application form -form A); ... original Policy document; ... a copy of death certificate issued by the local/municipal authority (if applicable); ... identity proof of the Claimant bearing their photographs and signature; ... discharge summary / indoor case papers in case death happened due to medical reasons in a hospital; ... medical booklet / CGHS card details in case of defence and central government personnel; ... body transfer certificate / embassy documents / postmortem report whichever applicable in case of death in foreign country; ... complete passport copy in case of death in foreign country; ... 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; ... in case of a medical/natural death of the Life Insured, the attending physician’s statement (Form C) and the medical records (admission notes, discharge/death summary, test reports, etc.); ... NEFT mandate form attested by bank authorities; ... Bank details of Claimant; and ... any other documents or information required by Us for assessing and approving the claim request. ... the Annuitant (the last surviving Annuitant in case of death of any annuitant for joint life Annuity) or Appointee in case of minor is required to submit to Us a Living Certificate in the format prescribed by Us at least 30 days before the end of each Policy Year. ... NEFT Form (if not provided earlier), A cancelled cheque or copy of passbook with pre-printed name and bank account number, for payout through NEFT (if not provided earlier).","sources":[{"clause":"3.1.1","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-1"},{"clause":"3.1.2","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-2-2"},{"clause":"3.1.3","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-3"},{"clause":"3.1.4","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-4"},{"clause":"3.1.5","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-5"},{"clause":"3.1.6","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-6"},{"clause":"3.1.7","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-7"},{"clause":"3.1.8","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-8"},{"clause":"3.1.9","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-9"},{"clause":"3.1.10","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-10"},{"clause":"3.1.11","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-11"},{"clause":"3.1.12","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-12"},{"clause":"3.1.13","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-13"},{"clause":"3.1.14","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-14"},{"clause":"3.1.15","heading":"Bank details of Claimant; and","page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-15"},{"clause":"3.1.16","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-1-16"},{"clause":"3.2.1","heading":null,"page":21,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-2-1"},{"clause":"3.2.7","heading":null,"page":21,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-2-7"}],"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":"quote-verified","value":"The group CIS states a claim settlement TAT of 30 days after receipt of all documents or completion of investigation, if any, whichever is later.","display":"30 days after receipt of entire documents or completion of investigation, if any, whichever is later","note":"From the group CIS; the individual CIS refers to service TATs but does not print this 30-day figure.","quote":"Turn Around Time (TAT) for claims settlement: 30 days after receipt of entire documents or completion of investigation, if any, whichever is later.","sources":[{"clause":"4","heading":"Immediate Annuity for Guaranteed Period and Life","page":13,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2290#c-4"}],"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":["No exclusions"],"display":"No exclusions","note":null,"quote":"Brief list of the applicable exclusions, if any: No exclusions","sources":[{"clause":"Row 5(a)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2284#c-row-5-a"}],"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 and queries may first be addressed to the agent or Axis Max Life customer helpdesk. If the response is not satisfactory or there is no response within 14 days, the complainant may write to the Grievance Redressal Officer.","display":"First agent/customer helpdesk; then Grievance Redressal Officer if no satisfactory response or no response within 14 days","note":null,"quote":"All consumer grievances and/or queries may be first addressed to Your 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, Axis Max Life Insurance Limited","sources":[{"clause":"1.1","heading":null,"page":23,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-3"},{"clause":"1.2","heading":"If Our response is not satisfactory or there is no response within 14 (Fourteen) days","page":23,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-2-8"},{"clause":"1.2.1","heading":null,"page":23,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#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":"The life cover is the applicable Death Benefit, which depends on the annuity variant. The policy examples include no death benefit for some variants, return of a fixed percentage of Total Premiums Paid, 100% of Total Premiums Paid, 105% of Total Premiums Paid, or the higher of accumulated Total Premiums Paid at 6% p.a. and 105% of Total Premiums Paid.","display":"Death benefit varies by annuity variant and is based on Total Premiums Paid; no fixed sum assured table is printed","note":null,"quote":"If the Schedule specifies sub-variant ‘Single Life without Death Benefit’ or ‘Joint Life without Death Benefit’, then no Death Benefit will be payable. ... We will return of fixed percentage of the Total Premiums Paid (in multiples of 25%) ... We will pay 100% of the Total Premiums Paid to the Claimant ... We will pay 105% of Total Premiums Paid ... we will pay higher of (a) Total Premiums paid (inclusive of loadings of modal premiums, if any) accumulated at 6 % pa compounded on a daily basis till death; or (b) 105% of Total Premiums Paid.","sources":[{"clause":"1.1(a)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-a"},{"clause":"1.1(b)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-b"},{"clause":"1.1(c)(ii)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-c-ii"},{"clause":"1.1(a)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-a-2"},{"clause":"1.1(b)(i)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-b-i"}],"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":"Death benefit depends on the selected annuity variant. Some immediate annuity sub-variants have no death benefit; other variants return a selected percentage, 100%, or the balance of Total Premiums Paid, while deferred variants pay either 105% during deferment and no benefit after deferment, or the higher of accumulated Total Premiums Paid at 6% p.a. and 105% of Total Premiums Paid.","display":"Varies by annuity variant: none for some variants; selected percentage/100% of Total Premiums Paid for others; deferred variants use 105% or higher of 6% accumulated premiums and 105%","note":"For joint life policies, the death benefit, if applicable, is payable on death of the last surviving annuitant except where the variant provides a first-death return.","quote":"If the Schedule specifies sub-variant ‘Single Life without Death Benefit’ or ‘Joint Life without Death Benefit’, then no Death Benefit will be payable. ... We will return of fixed percentage of the Total Premiums Paid (in multiples of 25%) ... on death of the last surviving Annuitant, We will pay 100% of Total Premiums Paid to the Claimant and Policy will terminate. ... In case of death during the Deferment Period, We will pay 105% of Total Premiums Paid (including loading of modal premiums, if any) and the Policy will terminate thereafter; ... In case of death after the Deferment Period, we will pay higher of (a) Total Premiums paid (inclusive of loadings of modal premiums, if any) accumulated at 6 % pa compounded on a daily basis till end of Deferment Period less total Annuity payout made till the date of death; or (b) 105 % of the Total Premiums Paid.","sources":[{"clause":"1.1(a)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-a"},{"clause":"1.1(b)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-b"},{"clause":"1.1(c)(ii)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-c-ii"},{"clause":"1.1(a)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-a-2"},{"clause":"1.1(b)(ii)","heading":null,"page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-b-ii"}],"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":"No maturity benefit is payable under the policy.","display":"No maturity benefit","note":null,"quote":"No maturity benefit is payable under the Policy.","sources":[{"clause":"1.3","heading":"MATURITY BENEFIT","page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-3"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"Premium payment term is single premium or limited premium for 2 to 12 years.","display":"Single premium; limited premium 2 to 12 years","note":"Limited premium is available for deferred annuity limited-premium sub-variants.","quote":"Premium Payment Term | Single premium Limited premium: 2 to 12 years","sources":[{"clause":null,"heading":"Qualifying Recognized Overseas Pension Scheme (QROPS), compliance to HMRC","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269#c-qualifying-recognized-overseas-pension-scheme-qr"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"The policy does not state a maximum maturity age because no maturity benefit is payable. The policy term runs till death of the annuitant, till death of the last surviving annuitant for joint life, or until the end of the guaranteed period or death of the annuitant, whichever is later, for the guaranteed-period variant.","display":"No maturity age; cover term is till death/last survivor, or guaranteed period or death, whichever is later","note":null,"quote":"No maturity benefit is payable under the Policy. ... “Policy Term”\ni) In case of Immediate Annuity & Deferred Annuity (single life) variants, shall be the period commencing on the Date of Commencement of Risk till the death of the Annuitant;\nii) Immediate Annuity & Deferred Annuity (joint life) variants, shall be the period commencing on the Date of Commencement of Risk till the death of the last surviving Annuitant;\niii) In case of ‘Annuity for Guaranteed Period and Life Thereafter’ Annuity Variants, shall be the period commencing on the Date of Commencement of Risk till the end of Guaranteed Period or till the death of the Annuitant, whichever is later.","sources":[{"clause":"1.3","heading":"MATURITY BENEFIT","page":11,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-3"},{"clause":"29","heading":null,"page":8,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-29"}],"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":"In case of suicide by the annuitant or last surviving annuitant, the applicable death benefit under Clause 1.1 of Part C is payable.","display":"Applicable Death Benefit is payable on suicide","note":"The clause does not print a special 12-month suicide restriction.","quote":"In case of Suicide by the Annuitant or the last surviving Annuitant (in case of death of the any Annuitant), the Death Benefit (as applicable) in accordance with the Clause 1.1 of Part C shall be payable.","sources":[{"clause":"6","heading":"SUICIDE EXCLUSION","page":21,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-6-6"}],"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":"No surrender benefit is payable for immediate annuity variants without death benefit. Surrender value applies to immediate annuity with death benefit sub-variants and deferred annuity death-benefit-for-life sub-variants, and during the deferment period for deferred annuity death-benefit-till-deferment sub-variants; single premium variants acquire surrender value immediately after the free-look period, and limited premium deferred annuity gets guaranteed surrender value after two full years’ premium.","display":"No surrender for immediate annuity without death benefit; otherwise as applicable after surrender value is acquired","note":"Surrender value is the higher of guaranteed surrender value and special surrender value, subject to the detailed formulae in Part D.","quote":"No Surrender benefit shall be payable in case You have chosen Immediate Annuity variants without Death Benefit. The Surrender Value is applicable for Immediate Annuity with Death Benefit sub variants and Deferred Annuity with Death Benefit for life sub variants. For Deferred Annuity with Death Benefit till Deferment period sub variants, Surrender Value is applicable during the Deferment Period, ... The Policy will acquire Surrender Value immediately after the end of Freelook period only for the Single Premium Annuity Variants. ... For Limited Premium ‘Deferred Annuity’ Annuity Variant, the Policy will acquire Guaranteed Surrender Value on payment of two full years’ Premium.","sources":[{"clause":"1.1","heading":null,"page":14,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-1-2"},{"clause":"1.2","heading":null,"page":14,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-2-7"},{"clause":"1.5.1","heading":null,"page":14,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-1-5-1"}],"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":"For limited premium deferred annuity variants, after the policy has acquired surrender value, non-payment of premium after the grace period makes the policy continue in Reduced Paid Up Mode unless revived. Reduced paid-up annuity is based on base annuity plus 50% of loyalty annuity multiplied by the ratio of premiums paid to premiums payable.","display":"Reduced paid-up applies only for limited premium deferred annuity variants after surrender value is acquired","note":null,"quote":"REDUCED PAID UP (applicable for Limited Premium Deferred Annuity variants only) ... 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 Annuity = (Base Annuity amount +50% of Loyalty Annuity) multiplied by [(Total Premiums Paid plus loadings for modal premiums paid (if any) for Policy) / (total Premiums payable plus loadings for modal premiums payable (if any) for Policy)]","sources":[{"clause":"3","heading":"REDUCED PAID UP (applicable for Limited Premium Deferred Annuity variants only)","page":12,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-2"},{"clause":"3.2","heading":"Reduced Paid-Up Annuity Benefit","page":12,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-3-2-2"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A lapsed policy or policy under reduced paid-up mode can be revived for full benefits within five years from the due date of the first unpaid premium, by paying all due premiums with applicable revival interest and meeting the listed conditions.","display":"Within five years from the due date of the first unpaid Premium","note":"Applicable for limited premium variants.","quote":"A Lapsed Policy or a Policy under Reduced Paid Up Mode can be revived for full benefits within five years from the due date of the first unpaid Premium by paying all the due premiums together with applicable revival interest:","sources":[{"clause":"5.1","heading":null,"page":17,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-5-1-2"}],"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 available once the policy has acquired surrender value, provided there is a death benefit after the annuity start date. The minimum loan is INR 10,000 and the maximum is 80% of surrender value; the current loan interest rate is 9.75% per annum.","display":"Available after surrender value is acquired; min INR 10,000, max 80% of surrender value, current interest 9.75% p.a.","note":null,"quote":"Once this Policy has acquired the Surrender Value, You will be eligible for grant of loan from Us, provided there is a benefit payable upon death of the Annuitant(s) after the annuity start date. ... The minimum amount of loan which can be granted by Us under this Policy is INR 10,000 (Rupees Ten Thousand). The maximum amount of loan which can be granted under this Policy during the Policy Term shall not exceed 80% (Eighty percent) of the Surrender Value payable under this Policy ... The interest rate is currently 9.75% per annum.","sources":[{"clause":"2.1","heading":null,"page":16,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-2-1-2"},{"clause":"2.2","heading":null,"page":16,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-2-2-3"},{"clause":"2.3","heading":null,"page":16,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-2-3-3"}],"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 Waiver of Premium Plus Rider (UIN: 104B029V06)"],"display":"Axis Max Life Waiver of Premium Plus Rider (UIN: 104B029V06)","note":"From the prospectus. It says no rider can be attached if the product is purchased under POS.","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.","sources":[{"clause":null,"heading":"Rider","page":22,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269#c-rider"}],"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 into 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, with written communication of the grounds and materials.","display":"Cannot be called in question after 3 years; within 3 years for fraud or material misstatement as stated","note":"The policy annexure says it is a simplified version of Section 45.","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","sources":[{"clause":"Section 45","heading":"Policy shall not be called in question on the ground of mis-statement after three years","page":27,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#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, and tax laws and their interpretation or application are subject to change. The policy advises consulting a tax advisor.","display":"Tax benefits may be available as per prevailing tax laws; consult your 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":"2.3","heading":null,"page":20,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-2-3-4"}],"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":"within the Free look period of 30 days beginning from the date of receiving the Policy document.","sources":[{"clause":"2","heading":null,"page":1,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-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":"Applicable for limited premium variants only; 15 days applies for monthly premium payment mode.","quote":"a Grace Period of 15 days in case of monthly premium payment mode will be given for the payment of due premium for monthly frequency and 30 days Grace Period for due premium for quarterly, half yearly and annual frequencies.","sources":[{"clause":"7.1","heading":null,"page":13,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-7-1"}],"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":"The usual minimum entry age is 25 years. The maximum entry age is 85 years for most variants, while Immediate Annuity with Early Return of Premium has maximum entry age of opted milestone age minus 10 years; POS currently has minimum entry age 40 years and maximum entry age 70 years.","display":"Minimum 25 years; maximum 85 years for most variants; variant 3 max is opted milestone age minus 10 years; POS 40 to 70 years","note":"Prospectus says restrictions on minimum and maximum entry age are not applicable for specified NPS, superannuation, or compulsory annuity purchase cases.","quote":"1 | Immediate Annuity | a. Single Life without Death Benefit | 25 years | 85 years ... 3 | Immediate Annuity with Early Return of Premium | Single Life with Death Benefit | 25 years | Opted Milestone Age minus 10 years ... Currently, Minimum entry age: 40 years Maximum Entry age: 70 years","sources":[{"clause":"Row 1","heading":"Immediate Annuity","page":3,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269#c-row-1"},{"clause":"Row 3","heading":"Immediate Annuity with Early Return of Premium","page":3,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269#c-row-3"},{"clause":null,"heading":"In case of minor lives","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269#c-in-case-of-minor-lives"}],"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 Premium","Annual","Semi Annual","Quarterly","Monthly"],"display":"Single Premium, Annual, Semi Annual, Quarterly, Monthly","note":null,"quote":"Premium Payment Mode: << Single Premium/ Annual/ Semi Annual/ Quarterly/ Monthly>> ... In case of Limited Premium Payment Variant, You can pay the Premium annually, semi-annually, quarterly or on monthly basis, as per the Premium payment mode chosen by You.","sources":[{"clause":null,"heading":"Annuitant","page":4,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-annuitant"},{"clause":"5.2","heading":null,"page":13,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-5-2-2"}],"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","Limited Premium"],"display":"Single Premium or Limited Premium","note":null,"quote":"Premium Payment Type: << Single Premium/ Limited Premium>>","sources":[{"clause":null,"heading":"Annuitant","page":4,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-annuitant"}],"law":[]},{"key":"annuity_options","label":"Annuity options","section":"Cover","meaning":"Life annuity, joint life, return of purchase price, increasing annuity...","status":"quote-verified","value":["Immediate Annuity - Single Life without Death Benefit","Immediate Annuity - Joint Life without Death Benefit","Immediate Annuity - Single Life with Death Benefit","Immediate Annuity - Joint Life with Death Benefit","Immediate Annuity with chosen proportion of Annuity to Last Survivor","Immediate Annuity with Early Return of Premium","Immediate Annuity for Guaranteed Period and Life Thereafter","Increasing Immediate Annuity","Deferred Annuity"],"display":"Immediate annuity, chosen-proportion joint life annuity, early return of premium, guaranteed period and life thereafter, increasing immediate annuity, and deferred annuity","note":null,"quote":"<<1. Immediate Annuity>> | << a. Single Life without Death Benefit b. Joint Life without Death Benefit C. Single Life with Death Benefit / d. Joint Life with Death Benefit >> ... << 2. Immediate Annuity with chosen | << a. Joint Life without Death Benefit/ <<50% /110%>>\nproportion of Annuity to Last Survivor b. Joint Life with Death Benefit >> >> ... << 3. Immediate Annuity with Early | Single Life with Death Benefit | Return of <<50% / 100%>> of\nReturn of Premium >> ... << 4. Immediate Annuity for | Single Life without Death Benefit | Guaranteed Period chosen - <<\nGuaranteed Period and Life Thereafter | 5yrs/ 10yrs/ 15yrs/ 20yrs>> ... << 5. Increasing Immediate Annuity | << a. Single Life Increasing Annuity | The annuity shall increase at ... << Deferred Annuity>> | << a. Single Life with Death Benefit","sources":[{"clause":null,"heading":"Annuitant","page":4,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-annuitant"}],"law":[]},{"key":"purchase_price_min","label":"Minimum purchase price","section":"Eligibility","meaning":"Smallest lump sum or annuity accepted.","status":"quote-verified","value":"The minimum premium is subject to the minimum annuity amount. The current minimum annuity is Rs. 12,000 annually, Rs. 6,000 semi-annually, Rs.3000 quarterly, or Rs. 1,000 monthly.","display":"Minimum premium subject to minimum annuity: Rs. 12,000 annually, Rs. 6,000 semi-annually, Rs.3000 quarterly or Rs. 1,000 monthly","note":"Prospectus states exceptions may be allowed for NPS subscribers, annuities issued from proceeds of a company-administered contract, or superannuation schemes.","quote":"Annuity amount | Minimum: In accordance with IRDAI (Insurance Products) Regulations, 2024 as amended from time to time. Currently, the minimum annuity allowed is Rs. 12,000 annually or Rs. 6,000 semi-annually or Rs.3000 quarterly or Rs. 1,000 monthly. ... Minimum and maximum premium | Minimum premium: Subject to minimum annuity amount as mentioned above; will depend upon annuity rates and the annuity variant chosen.","sources":[{"clause":null,"heading":"Qualifying Recognized Overseas Pension Scheme (QROPS), compliance to HMRC","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269#c-qualifying-recognized-overseas-pension-scheme-qr"}],"law":[]},{"key":"deferment","label":"Deferment period","section":"Cover","meaning":"For deferred plans, how long before income starts.","status":"conflicting","value":"The policy wording states that for deferred annuity, the single premium deferment period is from 1st month to 36th months and thereafter 48th, 60th, 72nd, 48th, 96th, 108th, 120th, 144th month; for limited premium it is from minimum 5 years to the maximum of the premium payment term.","display":"Single premium: 1st month to 36th months, then 48th, 60th, 72nd, 48th, 96th, 108th, 120th, 144th month; limited premium: minimum 5 years to maximum PPT","note":"Prospectus says: \"Allowed deferment period: in months from 1 to 36 months and then 48, 60, 72, 84, 96, 108, 120, 132 and 144 month.\" The policy wording is quoted as the higher-authority document and repeats 48th while not listing 84 or 132.","quote":"For this Policy under Deferred Annuity variant, the Deferment Period for Single Premium will be from 1st month to 36th months and thereafter 48th, 60th, 72nd, 48th, 96th, 108th, 120th, 144th month; and for Limited Premium will be from minimum 5 years to the maximum of the Premium Payment Term, as chosen by You and is as specified in the Schedule;","sources":[{"clause":"14","heading":"“Deferment Period”","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-14"},{"clause":null,"heading":"Qualifying Recognized Overseas Pension Scheme (QROPS), compliance to HMRC","page":6,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269#c-qualifying-recognized-overseas-pension-scheme-qr"}],"law":[]},{"key":"annuity_frequency","label":"Payout frequency","section":"Cover","meaning":"Monthly, quarterly, half-yearly, yearly.","status":"quote-verified","value":["annual","semi-annual","quarterly","monthly"],"display":"Annual, semi-annual, quarterly and monthly","note":null,"quote":"The Policy provides annual, semi-annual, quarterly and monthly mode for Annuity payments to the Annuitant.","sources":[{"clause":"5","heading":"\"Annuity Modal Factors\"","page":7,"url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832#c-5"}],"law":[]},{"key":"annuity_rate_example","label":"Example annuity rate","section":"Cover","meaning":"An example from the document; rates change with age and over time.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]}],"documents":[{"kind":"wording","label":"Policy Contract - Individual","pages":28,"fetched_at":"2026-10-17 19:43:35+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SWAG-Pension-Individual-Policy-Contract.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2832"},{"kind":"wording","label":"Policy Contract - Group","pages":27,"fetched_at":"2026-10-17 19:43:36+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SWAG-Pension-Group-Policy-Contract.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2836"},{"kind":"prospectus","label":"Policy Prospectus","pages":30,"fetched_at":"2026-10-17 19:32:39+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SWAG-Pension-Prospectus.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2269"},{"kind":"cis","label":"Customer Information Sheet - Individual","pages":6,"fetched_at":"2026-10-17 19:33:05+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SWAG-Pension-Individual-CIS.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2284"},{"kind":"cis","label":"Customer Information Sheet - Group","pages":19,"fetched_at":"2026-10-17 19:33:11+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SWAG-Pension-Group-CIS.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2290"},{"kind":"brochure","label":"Policy Leaflet","pages":7,"fetched_at":"2026-10-17 19:33:15+00","source_url":"https://www.axismaxlife.com/static-page/assets/homepage/SWAG-Pension-Leaflet.pdf","url":"https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16/document/2291"}],"versions":[],"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":"Smart Wealth Annuity Guaranteed Pension Plan (UIN 104N137V16), IndiaInsurances, https://indiainsurances.com/policy/axis-max-life-insurance/smart-wealth-annuity-guaranteed-pension-plan-104n137v16"}