Axis Max Life Insurance has announced a Participating (PAR) bonus of Rs2,135 Crore for eligible policyholders for FY24-25, marking its 23rd consecutive annual bonus declaration. This brings the total cumulative bonus paid over the years to an impressive Rs15,847 Crore. More than 21 lakh policyholders will benefit from this payout starting July 2025, thanks to the company’s disciplined investment strategy and strong fund performance. The PAR Fund has grown at a CAGR of ~19% over the past decade, reflecting stability even in volatile markets.
CEO Prashant Tripathy emphasized the company’s commitment to delivering long-term value, highlighting the PAR Fund’s resilience driven by robust asset quality. Axis Max Life also stands out by offering flexible bonus options, including Cash Bonus, Accumulated Bonus, and Premium Offset, along with liquidity features like partial withdrawals. Over the last five years, the PAR Fund has consistently delivered debt returns between 7.4% and 8.4%, reinforcing trust among policyholders.
The company continues to innovate its product range with customer-centric offerings like the Smart Wealth Income Plan and Whole Life Super, catering to diverse financial needs across protection, savings, and retirement planning. As one of India’s leading private life insurers, Axis Max Life’s strong performance and customer-first approach solidify its reputation as a reliable partner for long-term financial growth.