Smart Secure Plus Plan in one table
| Insurer | Axis Max Life Insurance Limited |
|---|---|
| Sum insured | ₹20 lakh upwards on the main life, with no stated upper limit. A spouse added as a second life starts at ₹10 lakh. |
| Entry age | 18 to 65 years (last birthday). The Pay till 60 route closes at 44, and buying through a point-of-sale agent closes it at 55. |
| Cover runs to | Up to 85 years. Bought through a point-of-sale agent, cover ends at 65. |
Claim settlement and complaint figures are IRDAI-published and held centrally by NYVO, not taken from the insurer's marketing.
What Smart Secure Plus Plan does, and what it does not
Term insurance is a narrow product, so the useful question is not how this plan scores against a benchmark – it is what it pays for and what it leaves out. Both lists come from Axis Max Life's own documents.
Which variant should you take?
This plan is sold in more than one form, and the choice is made once at purchase. Picking the wrong one is not something you can quietly correct later, so it is worth a minute now.
Plain term cover from ₹20 lakh, running to age 85 on terms of 10 to 67 years. Nothing is paid if you outlive the term.
The same cover with every premium handed back if you outlive the term. The maximum term drops to 50 years, the premium is materially higher, and the refund only ever applies to the primary life – a spouse added as a second life is not covered by it.
An additional sum on accidental death, from ₹50,000 and capped at ₹1 crore. Unusually, it can be added part-way through the term rather than only at purchase.
Smart Secure Plus Plan exclusions: what the plan will not pay for
Every policy carries exclusions, and they are the clauses people read for the first time at claim stage. These are the ones worth knowing before you buy.
Where Smart Secure Plus Plan falls short
No plan is right for everyone, and a page that only lists strengths is not much use to you. These are the gaps we would raise on a call before recommending it.
Smart Secure Plus Plan questions, answered
How much cover does Smart Secure Plus Plan offer?
₹20 lakh upwards on the main life, with no stated upper limit. A spouse added as a second life starts at ₹10 lakh.
Who can buy Smart Secure Plus Plan?
Entry to Smart Secure Plus Plan runs from 18 to 65 years. Cover can run to age 85, which is the maximum maturity age on this plan. What you are actually offered still depends on your income, health and any cover you already hold.
What does Smart Secure Plus Plan not cover?
Like every term plan, Smart Secure Plus Plan excludes suicide within 12 months of the policy starting or of its latest revival – 80% of the premiums paid is returned, provided the policy is in force. Other exclusions are listed on this page, and the policy wording you are issued is the contract.
Read it from the insurer
We summarise. The policy wording is the contract, and it is the only document that settles a dispute. These links go to the insurer's own pages.
Understand the terms before you commit
A plan page tells you what this policy does. These explain why each term matters and what it costs you when it is missing.
Other Axis Max Life plans we have read
Axis Max Life files these separately, and the terms differ between them. If you are choosing within the range, compare the waiting periods and the exclusions rather than the sum insured.