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Secure the future of those, who build your organization
Secure the future of those, who build your organization
With Axis Max Life Group Insurance Plans
Axis Max Life Group Insurance Plans
Happy employees create high-performing businesses. This happiness comes from challenging tasks, professional growth, financial security and a cordial work enviroment. Group Insurance plans take care of the financial security part and empowers an organization with a variety of insurance options for every employee by managing it seamlessly on their behalf.
These plans can also be used by banks or financial institutions to deliver certain benefits to their members. Choose from the various Axis Max Life Group Plans designed for employers/banks/financial institutions helping their members to get cost-effective policies and secure their future.
What are Group Insurance Plans ?
Group Insurance Plans help to deliver multiple insurance benefits to a standard group of individuals in one go. These are available for organizations and groups to provide effective Life insurance benefits to their employees or members of different groups. Whether it is health insurance, savings, or voluntary funded plans like group gratuity; or credit life for borrowers of banks/ financial institutions; or pure protection plans for the members of a master policy, we try and cover various facets to provide complete financial security.
Why select a Group Insurance Plan?
The main reason to opt for Group Insurance Plans is a hassle free mechanism to provide insurance cover at scale. These plans are ideal for employers, associations, societies, banks or financial institutions covering a set of people falling under a standard category. Major benefits of these plans are as follows:
- Get tailored plans with lower premiums to suit everyone’s budget
- Members receive better benefits than buying individual insurance policies
- Excellent option for employers to attract and retain employees
For Enquiry, email us at corporate.solutions@axismaxlife.com
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Our range of Group Insurance Plans
AXIS MAX LIFE GROUP SARAL SURAKSHA PLAN
- Coverage for Loan Borrowers and Level Cover for Affinity groups
- Minimum Policy term of 1 month
- Coverage for ‘death’ and ‘total and permanent disability’
AXIS MAX LIFE GROUP TERM LIFE PLATINUM ASSURANCE PLAN
- Single Policy is issued covering all members
- Simplified risk assessment procedure
- With low cost insurance you can improve employee retention
AXIS MAX LIFE GROUP CREDIT LIFE PREMIER
- Covers borrowers against loan in the event of death
- Covers Total & Permanent Disability (TPD) caused due to accident through riders
- A low-cost insurance cover for loan borrowers
AXIS MAX LIFE GROUP GRATUITY PREMIER PLAN
- Facilitates employers to fund their gratuity liability
- Offers increased benefits through guaranteed loyalty additions
- Reduced cost to the employer through market-linked returns
AXIS MAX LIFE GROUP SUPER LIFE PREMIER IN LIEU OF EDLI
- Better financial protection for employees’ families instead of EDLI
- Higher employee retention with low-cost insurance
- Tax benefits with regulatory compliance
AXIS MAX LIFE GROUP SUPER LIFE PREMIER
- Better financial protection for employees’ families
- Higher employee retention with low-cost insurance
- Tax Benefits based on the prevailing tax laws
AXIS MAX LIFE PRADHAN MANTRI JEEVAN JYOTI BIMA YOJNA
- Affordable financial protection for savings account holders
- Higher customer retention with low-cost insurance
- Tax benefits for members based on the prevailing tax laws
AXIS MAX LIFE GROUP CREDIT LIFE SECURE
- An attractive low-cost plan to cover against loan
- Helps lending institutions to secure assets & avoid defaults
- Safeguards lending institutions against non-performing assets
Why do companies prefer group insurance plans?

Improved Employee Satisfaction
With organized and effective group insurance plans and services, you can be sure about the excellent services being provided to your employees.

Competitive Rates
As group plans cover a large number of people, risk gets reduced, and insurance is available at economical rates.

Compliance with better returns
Funds like gratuity plans, employed for a large number of people, tend to generate better returns and benefits while meeting statutory obligations.

Better Claim Settlement
Claim settlements are faster with lesser restrictions and devoid of any complicated procedures as experienced intermediaries manage these plans

Higher employee retention
With additional tax-saving benefits, these plans are a useful tool for companies to attract and retain employees.

Ease of operation
Group plans have simpler renewal process as all the policies get renewed at the same time.
Why Choose Axis Max Life?
99.70% Death Claims Paid Ratio
(Source: Individual Death Claims Paid Ratio as per Audited Financials for FY 2024-2025)
405 Branches
(Source: As reported to IRDAI, FY 2024-25)
₹2,191,857 Cr. Sum Assured
In force (individual) (Source: Axis Max Life Public Disclosure, FY 2024-25)
₹175,072 Cr. Assets Under Management
(Source: Axis Max Life Public Disclosure, FY 2024-25)
Customer Review on Group Insurance Plans
We have been in this chemical manufacturing industry since a decade; our employees are our greatest strength. I personally believe that a company can’t succeed until their employees are satisfied. I always wanted to get a convenient group insurance policy for my workforce of 1000+ employees but wasn’t sure of a reliable insurance company. I got to know about Axis Max Life Group Insurance policies through a common friend. These are simply convenient, credible and beneficial for employees. We get a dedicated relationship manager who takes care of all the queries/claims; our employees are also quite happy with overall services.
Mr. Raghuvanshi
CEO, A leading Business Process Outsourcing
ARN NO: PCP/GIP2/070923
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