Axis Max Life Insurance Ltd., formerly known as Max Life Insurance Company Ltd., has announced a participating (PAR) bonus of ₹2,530 crore for eligible policyholders for FY2025-26, marking its 24th consecutive annual bonus declaration and reinforcing its position in India’s life insurance sector.
The latest bonus will benefit more than 21 lakh eligible participating policyholders and will be distributed from July 2026. With this declaration, the insurer’s cumulative bonus payout over the past 24 years has reached ₹18,377 crore, reflecting its long-term commitment to creating value for customers.
The company’s PAR Fund, measured on a book value basis, grew to ₹79,003 crore in FY26 from ₹74,119 crore in FY25. Axis Max Life said the fund has recorded a compound annual growth rate (CAGR) of 17 per cent over the last decade. The bonus payout has also witnessed steady growth, rising from ₹1,469 crore in FY22 to ₹1,604 crore in FY23, ₹1,826 crore in FY24, ₹2,135 crore in FY25 and ₹2,530 crore in FY26.
Axis Max Life’s participating products offer multiple bonus options, including cash bonus, reversionary bonus and terminal bonus. Customers also benefit from features such as bonus accumulation, partial withdrawal of accumulated bonuses, paid-up additions and premium offset without affecting the basic sum assured.
In Guwahati, the record bonus declaration is likely to boost confidence in participating insurance products across Northeast India. Growing awareness about financial planning, long-term wealth creation and protection-linked savings products is driving demand in the region, with policyholders increasingly favouring insurers that demonstrate consistent fund growth and regular bonus payouts.
