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The Axis Max Life Smart Wealth Advantage Growth Par Plan is a non-linked participating individual life insurance savings plan with a policy term of 25 years and an annual premium of Rs. 50,000 for 8 years. It offers survival benefits, maturity benefits, and a minimum death benefit starting at Rs. 6,00,000, with additional bonuses based on assumed interest rates of 4% and 8%. The total survival benefit over the policy term is Rs. 2,70,520, with a maturity benefit of Rs. 5,70,720 at an 8% return.

Author

Alfa Ayeh

Language

EN