Axis Max Life Smart Wealth Plan
vs
Kotak Premier Income Plan

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Axis Max Life Smart Wealth Plan vs Kotak Premier Income Plan

Axis Max Life Smart Wealth Plan

Axis Max Life Smart Wealth Income Plan is a combination of insurance and savings that protects your loved ones financially in your absence and guarantees survival returns. This plan comes underneath four plan options and you can choose the one that best suits your needs. Axis Max Life Smart Wealth I...

Kotak Premier Income Plan

Kotak Premier Income Plan is a non-linked, participating whole life insurance plan offered by Kotak Life Insurance. It provides dual benefits of saving and protection in the same policy. This investment plan offers regular, steady income right after the end of the premium paying term. In terms of ma...

PLAN DETAILS

Axis Max Life Smart Wealth Plan


Kotak Premier Income Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity benefits
  • Guaranteed additions
  • Joint life option
  • Guaranteed regular payout
  • Bonus benefits
  • Rider protection
Plan Uniqueness
  • Maturity returns
  • Death benefit
  • Guaranteed additions
  • Rider benefit
  • Tax benefits
  • Long term cover
Plan Maturity age 85 years Maximum maturity age: 78 years
Premium payment term Based on the policy term 8/10/12/15/19/23 years
Plan Entry Age Min- 91 days, Max- 59 years Minimum entry age: 3 years Maximum entry age: 55 years
Sum assured No Limit Depends on the premium and chosen policy term
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Yearly,Half-yearly,Quarterly,Monthly
Plan Sample Premium Minimum - Rs 943 (Monthly), Maximum - No limit -
Plan Brochure Brochure URL Brochure URL
Policy tenure 6 to 20 years 15,19 and 23 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

Axis Max Life Smart Wealth Income Plan is a combination of insurance and savings that protects your loved ones financially in your absence and guarantees survival returns. This plan comes underneath four plan options and you can choose the one that best suits your needs.

Axis Max Life Smart Wealth Income Plan is a non-participating, non-linked savings life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Axis Max Life Smart Wealth Income Plan offers you a range of benefits including:

why-choose
  • Maturity returns
  • Death benefit
  • Guaranteed additions
  • Whole-life income with a joint life option
  • Rider protection
  • Surrender option
  • Reduced paid-up

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.