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Max Life Term Insurance Plans and Review

Everything about Max Life term insurance plans, premiums, claim settlement, and buying guide.

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Axis Max Life Term Insurance: Full Guide

In December 2024, Max Life Insurance Company Limited was officially renamed Axis Max Life Insurance Limited, reflecting the deepening role of Axis Bank, which now holds approximately 20% of the company alongside Max Financial Services (~80%). The rebrand followed IRDAI approval and changed the brand identity, the domain (maxlifeinsurance.com now redirects to axismaxlife.com), and the … Read more

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IRDAI Key Metrics for Max Life

FY 2024-25 | IRDAI Annual Report & Handbook

99.70%

CSR (Count)

97.39%

CSR (Amount)

201%

Solvency Ratio

2.9%

Lapse Ratio

52.0%

5yr Persistency

20,225

Claims Settled

CSR = Claim Settlement Ratio (individual death claims). Solvency as of March 2025. Persistency = % of policies still in force at 61st month. Count-Amount gap: 2.3pp.

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