Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture
between Max Financial Services Limited (“MFSL”) and Axis Bank Limited. Axis Max Life Insurance offers
comprehensive protection and long-term savings life insurance solutions through its multi-channel
distribution, including agency and third-party distribution partners. It has built its operations over two
decades through a need-based sales process, a customer-centric approach to engagement and service
delivery and trained human capital.
Axis Max Life Insurance has progressed well on all business parameters in the Financial Year 2024-25
and has further strengthened its position owing to its continued focus on building a successful life
insurance business to deliver the core value of long-term savings and protection.
- The gross written premium of the company grew 13% to Rs. 33,223 crores
- Shareholders profit after tax at Rs. 406 crores
- Assets under management increased by 16% to Rs. 175,072 crores
- The solvency ratio of 201%, more than the mandatory 150%, indicates the company’s strong and
stable financial position
- Conservation ratio at 83% and 13th-month persistency at 85%
- Policyholder Bonus Paid at Rs. 1,873 crores
- Sum assured in force at Rs. 2,191,857 crores, recorded an increase of 23% over the previous
financial year
- Expense of management to gross direct premium ratio stood at 23%
- Grievance incidence rate was 38 per 10,000 policies for the year
- We have paid 99.70% claims on individual business policies and 99.17% claims on group
business policies
For more information, please visit the company website at https://www.axismaxlife.com
Disclaimer :
Life Insurance Products are offered and underwritten by Axis Max Life Insurance Limited. Life
Insurance contract is between the Proposer and Axis Max Life Insurance Limited.
TJSB Sahakari Bank Ltd. is a Corporate Agent of Axis Max Life Insurance Limited (formerly known as Max
Life Insurance Company Limited) which is a Joint Venture between Max Financial Services Limited and
Axis Bank Limited. Corporate Office: 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II,
Gurugram(Haryana) - 122 002. For more details on risk factors, Terms and Conditions please read the
prospectus carefully before concluding a sale. You may be entitled to certain applicable tax benefits on
your premiums and policy benefits. Please note all the tax benefits are subject to tax laws prevailing at
the time of payment of premium or receipt of benefits by you. Tax benefits are subject to changes in tax
laws. You can call us on our Customer Helpline No. 18601205577. Website:
https://www.axismaxlife.com
IRDAI Regn. No. 104
Corporate Agent Regn No: CA0097
ARN number: Axis Max Life/ TJSB Sahakari Bank Ltd /Web Content/June 2025
Beware of Spurious Phone calls and Fictitious/Fraudulent offers:
1. IRDAI is not involved in activities like selling insurance policies or announcing bonus or
investment of premiums.
2. Public receiving such phone calls are requested to lodge a police complaint
