Kotak Mahindra Life
vs
Sbi Child

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Kotak Mahindra Life vs Sbi Child

Kotak Mahindra Life

Kotak Life Insurance, a 100% subsidiary of Kotak Mahindra Bank Limited, was established in 2001. It is one of India& 039;s most reputable and fastest-growing insurance companies.

Sbi Child

SBI child plan encourages you to arrange your finances in a manner so that your child& 039;s future dreams are never a burden on your pocket.

COMPANY DETAILS Edit Kotak Mahindra Life Insurance

Kotak Mahindra Life

Edit SBI Child Plans

Sbi Child

Rating
Number of life insurance plans and add-ons
Annual Premium

Annual Premium

Up to 2920.58

Annual Premium

Up to Rs 1 lakh to No limit
Premium

Premium

-

Premium

-
Claim ratio

Claim ratio

99.01%

Claim ratio

Minimum Age- 0 years%
Solvency Ratio

Solvency Ratio

2.6

Solvency Ratio

70 years
Branches

Branches

250+

Branches

Annual, half-yearly,
Riders Available

Riders Available

-

Riders Available

21 ninus child entry age
Policy Term

Policy Term

-

Policy Term

18 ninus child entry

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SBI Child Plans

SBI child plan encourages you to arrange your finances in a manner so that your child& 039;s future dreams are never a burden on your pocket.

SBI Child Plan Plans

SBI Child Plan

Give your children more than your love... Give them a lifetime of Financial Security. SBI Life Smart Scholar is an Individual, Unit Linked, Non-partic...

Unique Features

  • Explore SBI Life Smart Scholar
  • Know its Features & Benefits
  • Check the Eligibility Criteria

SBI Smart Scholar (Pros)

SBI Smart Scholar

SBI Smart Scholar (Cons)

SBI Smart Scholar

SBI Smart Scholar (Other Benefits)

SBI Smart Scholar

SBI Smart Scholar (Eligibility Criteria)

SBI Smart Scholar

SBI Child Plan

SBI Life Smart Champ Insurance plan is a participating non-linked individual life insurance plan. The product has been developed to provide life cover...

Unique Features

  • One-time payment option is available
  • Offers Guaranteed Smart Benefits
  • Get Tax Benefits on premiums Renewal Option

SBI Smart Champ (Pros)

SBI Smart Champ
  • Death Benefits
  • Smart Benefits
  • Discounts

SBI Smart Champ (Cons)

SBI Smart Champ
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

SBI Smart Champ (Other Benefits)

SBI Smart Champ
  • Waiver of Due Premiums
  • Policy Loans
  • Rebates on Large Sum Assured

SBI Smart Champ (Eligibility Criteria)

SBI Smart Champ
  • Minimum entry age- 0 years
  • Maximum entry age- 13 years
  • Minimum sum assured- Rs 1
  • 00
  • 000
  • Maximum sum assured- 1 crore
  • Maximum policy term- 30 years

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.