Archive · 6 Jun 2025

Axis Max Life Declares ₹2,135 Crore Bonus for Policyholders

Axis Max Life Declares ₹2,135 Crore Bonus for Policyholders

Imagine a company called Axis Max Life Insurance that helps people save money.

They announced they're giving back some of their profits to the people who have insurance policies with them.

This is called a bonus, like a special reward!

They're giving away ₹2,135 crore to over 21 lakh policyholders, starting July 2025.

The company's savings account, called the PAR fund, is doing really well, growing a lot over the last 10 years.

The company is also offering different ways for people to use their bonus, like getting cash or adding to their insurance coverage.

Sources