Kotak Investment vs Lic Life Insurance Life Insurance 2026 | PolicyX
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At a glance

Which insurer is ahead on the figures both publish

Customer rating

Kotak Investment

4.6 / 5Kotak Investment 4.5 / 5Lic Life Insurance

Claim settlement ratio

Lic Life Insurance

Minimum Age - 5 year%Kotak Investment 98.5%Lic Life Insurance

Share of death claims the insurer paid

Solvency ratio

Kotak Investment

Maturity Age- 75Kotak Investment 1.98Lic Life Insurance

IRDAI minimum is 1.5

COMPANY DETAILS ✎ Edit

Kotak Investment

✎ Edit

Lic Life Insurance

Customer rating

Customer rating

4.6 / 5 Higher

Customer rating

4.5 / 5
Life insurance plans listed

Life insurance plans listed

17 plans ❯

Life insurance plans listed

31 plans ❯
Annual premiums collected (2024-25)

Annual premiums collected (2024-25)

₹ Rs 50,000 to No limit

Annual premiums collected (2024-25)

₹ 4,75,751.92 crores
Claim settlement ratio

Claim settlement ratio

Minimum Age - 5 year%

Claim settlement ratio

98.5% Higher
Solvency ratio

Solvency ratio

Maturity Age- 75 Higher

Solvency ratio

1.98
Pan India presence (branches)

Pan India presence (branches)

Annual, half-yearly,

Pan India presence (branches)

2048
Payout options

Payout options

Not available

Payout options

Lump sum, regular frequencies or a combination of both
Riders available

Riders available

Minimum term: 6 years. Maximum term: 30 years.

Riders available

Accidental Death and Disability Benefits Rider, Accidental Death Benefits Rider, Critical Illness Rider, Waiver Benefit Rider
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Plans from Kotak Investment and Lic Life Insurance

Every plan we list from each insurer, including its term and investment plans. Switch insurer to see the other's plans.

Kotak Investment Plans

Kotak Life Assured Savings

Kotak Life Assured Savings is a non-participating endowment plan that combines life protection with wealth creation, guaranteeing… Read More

  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available
Sum assured5 years, 10 years
Entry ageMin entry age: 3 years Max entry age: 6…
View plan
Investment Plan

Kotak Premier Endowment Plan

The Kotak Life Premier Endowment Plan is a hybrid offering that combines life insurance protection with a savings component, help… Read More

  • Guaranteed additions
  • Bonuses
  • Flexible payment term
Sum assuredSame as the policy term
Entry ageMin entry age: 18 years Max entry age…
View plan
Investment Plan

Kotak Life Invest Maxima

Kotak Life Invest Maxima is a Unit-Linked Insurance Plan (ULIP) designed by Kotak Life Insurance to offer both life cover and wea… Read More

  • Zero Premium Allocation Charges
  • Flexible Premium Pay
  • Partial Withdrawals
Sum assuredSame as the policy term
Entry ageMin entry age: 0 years. Max entry age…
View plan
Investment Plan

Kotak Life Premier Money Back Plan

The Kotak Life Premier Money Back Investment Plan is a savings-cum-protection plan that offers regular payouts as a percentage of… Read More

  • Regular Payouts
  • Special Premium Discount
  • Maturity Additions
Sum assured8, 10 or 12 years
Entry ageMin entry age: 2 years Max entry age: 5…
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Investment Plan

Kotak Classic Endowment Plan

The Kotak Life Classic Endowment Plan is a long-term protection-cum-savings plan that offers life cover up to age 75. It provides… Read More

  • Cover up to 75 Years
  • Special Premium Discount
  • Additional Bonuses
Sum assuredEqual to Policy Term
Entry ageMinimum entry age: 0 years Maximum entr…
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Investment

Kotak Premier Income Plan

The Kotak Life Premier Income Investment Plan is a non-linked, participating whole life insurance plan that offers both savings a… Read More

  • Guaranteed regular payout
  • Bonus benefits
  • Rider protection
Sum assured8/10/12/15/19/23 years
Entry ageMinimum entry age: 3 years; Maximum ent…
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Investment Plan

Kotak Single Invest Advantage

Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) from Kotak Life Insurance, combining investment growth with… Read More

  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies
Sum assuredSingle
Entry ageMinimum entry age: 3 years Maximum entr…
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Investment Plan

Kotak Platinum Insurance plan

The Kotak Platinum Insurance Plan is a unit-linked life insurance savings plan (ULIP) that combines life cover with investment op… Read More

  • Multiple investment strategies
  • Partial withdrawal option
  • Enhance protection through riders
Sum assured5,10,15 and 30 years
Entry ageMinimum entry age: 1 year, Maximum entr…
View plan
Investment

Kotak Guaranteed Savings Plan

Kotak Life's Guaranteed Savings Investment Plan combines life insurance with guaranteed savings, offering death benefits to nomin… Read More

  • Guaranteed Loyalty Additions
  • Limited Premium Payment Options
  • Waiting Period
Sum assured5,7,8,10 years
Entry ageMinimum entry age: 3 years. Maximum ent…
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Investment Plan

Kotak Ace Investment Plan

Kotak Life Ace Investment Plan is a ULIP combining life insurance coverage with investment growth. Policyholders can choose from… Read More

  • Top-up premiums
  • Choice of life cover
  • Enhancing options to choose from
Sum assured15/20/25/30 years
Entry ageMinimum entry age: 0 years Maximum entr…
View plan
Kotak Investment Plans

Kotak e-Invest Plan

The Kotak Life e-Investment Plan is a ULIP offering the dual benefits of financial security for loved ones and a maturity amount… Read More

  • Multiple plan option
  • Partial withdrawals
  • Enhancing options
Sum assured10 to 60 - Age at Entry or 5, 7, 10 yea…
Entry ageMinimum entry age: 3 years. Maximum ent…
View plan
Investment Plan

Kotak Wealth Optima Plan

Kotak Wealth Optima is a ULIP that combines wealth growth with financial protection for families, offering both maturity and deat… Read More

  • Wealth boosters
  • Whole life coverage option
  • Yearly additions
Sum assured5/7/10/60- Entry Age
Entry ageMinimum entry age: 3 years; Maximum ent…
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Investment Plan

Kotak Assured Income Accelerator

The Kotak Life Assured Income Accelerator is a dual-purpose life insurance plan that combines protection with savings. It offers… Read More

  • Guaranteed Income
  • Income Boosters
  • Optional Riders
Sum assured7,10,12 years
Entry ageMinimum entry age: 0 years Maximum entr…
View plan
Kotak Investment Plans

Kotak Guaranteed Fortune Builder Plan

Kotak Life's Guaranteed Fortune Builder is a comprehensive investment and savings plan designed to help individuals achieve finan… Read More

  • Get Long or Early Income
  • Earn Yearly Guaranteed Additions
  • In-built Waiver of Premium
Sum assured5, 7, 10 years
Entry ageMin- 3 years, Max- 60 years
View plan
Kotak Investment Plans

Kotak Fortune Maximiser Plan

The Kotak Life Fortune Maximiser is a limited-pay participating endowment plan offering long-term life coverage up to age 85. It… Read More

  • Spouse Life Cover
  • Coverage till 85 years
  • Choice of Bonus Payout
Sum assured6, 8, 10, 12, 15 years
Entry ageMin- 90 days, Max- 60 years
View plan
Kotak Investment Plans

Kotak Single Invest Plus Plan

The Kotak Mahindra Single Invest Plus Investment Plan is a single-pay unit-linked insurance plan designed for both life protectio… Read More

  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
Sum assured10 years
Entry ageMin- 3 years, Max- 52 years
View plan
Kotak Investment Plans

Kotak Smart Life Plan

Kotak Smart Life is a non-linked, participating endowment life insurance plan that helps policyholders achieve financial goals an… Read More

  • Explore All about Kotak SmartLife Insurance
  • Understand the Key Features & Benefits
  • Check Eligibility Criteria
Sum assured6, 8, 10, 12, and 15 years
Entry ageMinimum Age - 3 years Maximum Age - 55…
View plan
Lic Life Insurance Plans

LIC Jeevan Labh

LIC Jeevan Labh (Plan 936) is a non-linked, limited premium paying endowment plan from LIC, combining protection and savings. It… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10,15,16 years
Entry ageMinimum Age: 18 years, Maximum Age: 65…
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Lic Life Insurance Plans

LIC Premium Endowment

The LIC Premium Endowment Plan (830) offers a dual benefit, providing financial protection for the family in case of the policyho… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredSingle Premium
Entry ageMinimum Age - 30 days, Maximum Age - 65…
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Lic Life Insurance Plans

LIC Jeevan Tarun

LIC's Jeevan Tarun Plan (934) is a participating, non-linked, limited premium plan offering protection and savings tailored for a… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured20 Minus Age at Entry
Entry ageMinimum Age - 90 days Maximum Age - 12…
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Lic Life Insurance Plans

LIC New Children Money Back Plan

LIC's New Children Money Back Plan (Plan 932) helps parents and grandparents secure a child's future with financial support up to… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured25 minus Age at Entry
Entry ageMinimum Age - 0 years Maximum Age - 12…
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Lic Life Insurance Plans

LIC Bima Bachat

The LIC Bima Bachat Plan (916) is a single premium participating endowment policy focused on financial security and savings. It f… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured9 to 15 years
Entry ageMinimum Age - 15 years, Maximum Age - 6…
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Lic Life Insurance Plans

LIC Bima Diamond

The LIC Bima Diamond Plan (Table No. 841) was a non-linked, limited premium paying money-back plan, combining insurance and savin… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 15 years
Entry ageMinimum Age: 14 years, Maximum Age: 45…
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Lic Life Insurance Plans

LIC Jeevan Arogya

LIC Jeevan Arogya is a health insurance plan from LIC, offering financial protection against rising medical expenses with afforda… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredNA
Entry ageMinimum Age: 91 days, Maximum Age: 75 y…
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Lic Life Insurance Plans

LIC Jeevan Shagun

LIC Jeevan Shagun (Plan 826) was a single-premium, participating money-back life insurance plan that combined life cover with gua… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredSingle Premium
Entry ageMinimum Entry Age: 8 years, Maximum Ent…
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Lic Life Insurance Plans

LIC New Money Back 20 Years

The LIC New Money Back Plan 20 Years (Plan 920) is a non-linked, participating plan designed for business and salaried individual… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured15 years
Entry ageMinimum Age - 13 years, Maximum Age - 5…
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Lic Life Insurance Plans

LIC Jeevan Akshay

LIC Jeevan Akshay VI is an immediate annuity pure pension plan from LIC, designed for senior citizens seeking financial independe… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured5 to 20 years
Entry ageMinimum Age: 25 years, Maximum Age: 85…
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Lic Life Insurance Plans

LIC Jeevan Shikhar

The LIC Jeevan Shikhar Plan (837) is a non-linked, participating, single premium endowment plan designed for both savings and pro… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredSingle Premium
Entry ageMinimum Age - 6 years Maximum Age - 45…
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Lic Life Insurance Plans

LIC Aadhaar Stambh

The LIC Aadhaar Stambh Plan is a non-linked, with-profits endowment plan designed exclusively for male Aadhaar cardholders, combi… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 20 years
Entry ageMinimum Age - 8 years. Maximum Age - 55…
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Lic Life Insurance Plans

LIC Aadhaar Shila

LIC's Aadhaar Shila Plan is a non-linked, with-profits endowment plan designed exclusively for female Aadhaar cardholders, offeri… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredSame as the policy term
Entry ageMinimum Age - 8 years, Maximum Age - 55…
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Lic Life Insurance Plans

LIC Jeevan Umang

LIC Jeevan Umang (Plan 945) is a whole life insurance plan that combines long-term savings with regular income. It offers yearly… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured15 to 30 years
Entry ageMinimum Age - 90 days Maximum Age - 55…
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Lic Life Insurance Plans

LIC New Jeevan Anand

LIC New Jeevan Anand is a participating, non-linked plan that combines lifelong protection with savings, offering a death benefit… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured- ₹1 Lakh
Entry ageMinimum Age - 18 years, Maximum Age - 5…
View plan
Lic Life Insurance Plans

LIC Jeevan Rakshak Plan

LIC Jeevan Rakshak Plan (Table No. 827) is a non-linked, participating plan from LIC that combines life insurance and savings, of… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredEqual to the policy term
Entry ageMinimum Age: 8 years, Maximum Age: 55 y…
View plan
Lic Life Insurance Plans

LIC Jeevan Lakshya Plan

LIC Jeevan Lakshya (Plan 933) is a non-linked, With-Profits Endowment Assurance plan designed to provide financial security for c… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredPolicy term minus 3 years
Entry ageMinimum Age - 18 years Maximum Age - 50…
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Lic Life Insurance Plans

LIC New Endowment Plan

The LIC New Endowment Plan (914) is a non-linked life insurance policy offering guaranteed returns and bonuses, suitable for indi… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredSame as policy term
Entry ageMinimum Age - 8 years Maximum Age - 55…
View plan
Lic Life Insurance Plans

LIC Single Premium Endowment

The LIC Single Premium Endowment Plan (Plan 917) is a traditional endowment policy offering both investment and protection with a… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredSingle Premium
Entry ageMinimum Age - 90 days, Maximum Age - 65…
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Lic Life Insurance Plans

LIC Jeevan Saral

LIC Jeevan Saral Plan (165) is an endowment assurance plan where the policyholder chooses the premium amount, receiving approxima… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 35 years
Entry ageMinimum Age - 18 years Maximum Age - 65…
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Lic Life Insurance Plans

LIC Pradhan Mantri Vaya Vandana Yojana

The Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a government-subsidized, single-premium pension plan from LIC, offering an assu… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredDepends on the policy tenure
Entry ageMinimum Age - 60 years Maximum Age - No…
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Lic Life Insurance Plans

LIC Kanyadan Policy

The LIC Kanyadan Policy, a popular term for plans like LIC Jeevan Lakshya, Amritbaal, and Jeevan Labh, helps parents build a fina… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredPolicy term minus 3 years
Entry ageMinimum Age - 18 years Maximum Age - 50…
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Lic Life Insurance Plans

LIC Jeevan Shanti

LIC's New Jeevan Shanti (Plan No. 858) is a non-linked, single premium, deferred annuity plan from LIC, offering guaranteed annui… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured1 to 12 years
Entry ageMinimum Age - 30 years Maximum Age - 79…
View plan
Lic Life Insurance Plans

LIC Jeevan Saathi

LIC Jeevan Saathi (Plan 89) is an endowment assurance policy designed to cover both husband and wife under a single plan, offerin… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 20 years
Entry ageMinimum Age - 18 years Maximum Age - 55…
View plan
Lic Life Insurance Plans

LIC Micro Bachat

The LIC Micro Bachat Plan is a traditional, non-linked, participating micro-insurance plan offering both protection and savings… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assuredSame as policy term
Entry ageMinimum Age - 18 years Maximum Age - 55…
View plan
Lic Life Insurance Plans

LIC Komal Jeevan

The LIC Komal Jeevan Plan is a child-specific insurance policy for those aged 0-10, designed to secure their future needs like ed… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured18 years
Entry ageMinimum Age - 90 days Maximum Age - 10…
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Lic Life Insurance Plans

LIC Navjeevan Plan

LIC Nav Jeevan Plan (853) is a non-linked, with-profit endowment insurance plan from LIC, designed to provide financial security… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 18 years
Entry ageMinimum Age - 90 days Maximum Age - 65…
View plan
Lic Life Insurance Plans

LIC SIIP Plan

LIC SIIP (Plan 852) is a unit-linked, non-participating individual life insurance plan offering investment opportunities alongsid… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 25 years
Entry ageMinimum Age - 90 days Maximum Age - 65…
View plan
Lic Life Insurance Plans

LIC Bima Shree

LIC Bima Shree is a traditional, non-linked, money-back life insurance policy that combines security with savings through guarant… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 16 years
Entry ageMinimum Age - 8 years Maximum Age - 45…
View plan
Lic Life Insurance Plans

LIC Nivesh Plus

LIC Nivesh Plus (Plan 849) is a single-premium, unit-linked life insurance plan offering both protection and investment growth. I… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured10 to 25 years
Entry ageMinimum Age: 90 days; Maximum Age: 70 y…
View plan
Lic Life Insurance Plans

LIC Jeevan Akshay VII

LIC Jeevan Akshay VII is a single premium, non-linked, immediate annuity plan from LIC, designed to provide a lifelong pension to… Read More

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum assured₹1 Lakh
Entry ageMinimum Age - 25 years Maximum Age - 10…
View plan
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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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