Axis Max Life Insurance Limited | 380,760 followers on LinkedIn. Axis Max Life Insurance Limited (earlier known as Max Life Insurance Company Limited) is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi-business corporation. Axis Max Life Insurance Limited has an individual death claims paid ratio of 99.70% as per the annual audited financials for FY24-25.