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Axis Max Life 8-Year Life Insurance: The Smart Route to Mid-Term Financial Protection

Not everyone needs life insurance that lasts for many years. If you're going through important life changes or planning for the near future, an 8-year policy can protect you. The Max Life 8-Year Life Insurance Plan offers complete coverage for a set time, perfect for people who want safety and flexibility. 

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What Is the Axis Max Life Insurance 8-Year Plan?

The Axis Max Life Insurance 8-Year Plan is a medium-term life insurance policy solution that covers you for eight years. It is designed for individuals who want protection for a limited period, whether to support a child’s growing needs, prepare for retirement, or ensure family stability during key earning years.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Why Choose an 8-Year Life Insurance Plan?

  • Short-Term Commitment, Long-Term Impact
    With Axis Max Life Insurance Plan for 8 years, you only pay premiums for eight years, making it ideal for people who prefer defined timelines over open-ended commitments.

  • Comprehensive Life Cover
    Enjoy uninterrupted protection throughout the policy period. If something were to happen to you, your family would receive the full cover amount.

  • Tax-Friendly
    Policyholders can avail of tax deductions under Section 80C, and the benefits received by nominees are tax-exempt under Section 10(10D) (as per prevailing laws).

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Best-Suited Axis Max Life Options for 8-Year Duration

Axis Max Life Smart Secure Plus Plan

This term insurance plan offers flexible options and can be customized to suit short- to long-term needs, including an 8-year coverage window.

Key Features:

  • Multiple Benefit Options – From pure protection to return-of-premium variants.

  • Exit Options – Leave the plan early with benefits if your circumstances change.

  • Special Features for Women – Additional protection layers and premium discounts for female policyholders.

Life Insurer Piller

Who Should Buy Axis Max 8 year Plan?

The Axis Max Life 8-Year Plan is a great fit for:

  • Young professionals aiming to protect their dependents during their early career years.

  • Parents planning to cover costs related to their children’s education or milestones within a decade.

  • Business owners needing temporary protection while building or stabilizing their ventures.

  • Individuals nearing retirement who want short-term protection without locking into a longer-term policy.

Wrapping It Up:

The Axis Max Life 8-Year Insurance Plan is all about smart planning. Whether you’re protecting your family during career growth, bridging a financial gap before retirement, or preparing for upcoming responsibilities, this plan gives you reliable protection without the weight of a long-term commitment.

FAQ's

  • Is 8 years really enough for life insurance coverage?

    Ans: Yes, for many people! If you have specific financial responsibilities coming up—like paying off a loan, funding education, or covering your family's needs while you grow your income—an 8-year plan offers timely and targeted protection without locking you in long-term.
  • Can I stop paying premiums if I no longer need the plan?

    Ans: You’ll need to pay premiums for the full 8 years to keep the policy active. If you stop earlier, the policy may lapse, and you won’t be covered anymore. Think of it like a subscription—you stay protected as long as you keep it active.
  • What makes this different from a 20- or 30-year life insurance plan?

    Ans: The main difference is flexibility. A longer-term plan ties you in for decades, which may not suit everyone. This 8-year plan is perfect if you want solid protection without a lifelong commitment or heavy long-term premiums.
Premium By Age

˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com  in the first 6 months of FY 24-25.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.



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Current Version
Apr 24, 2025
Written By
Rhishabh Garg
Reviewed By
Vivek Jain
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