Kotak Life Assured Income Accelerator Plan
vs
Fixed Maturity Plan

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  • Multiple sum assured options
  • Enhance coverage with add-ons
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Kotak Life Assured Income Accelerator Plan vs Fixed Maturity Plan

Kotak Life Assured Income Accelerator Plan

Invest smartly for a better tomorrow with Kotak Assured Income Accelerator Kotak Life Assured Income Accelerator Plan is a dual-purpose protection and savings-based life insurance plan. Along with maturity or death benefits, this investment plan offers guaranteed income payable annually at the end o...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Kotak Life Assured Income Accelerator Plan


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Income
  • Income Boosters
  • Optional Riders
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Guaranteed Income
  • Income Boosters
  • Optional Riders
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum maturity age: 99 years 70 years
Premium payment term 7,10,12 years Single, Limited, Regular
Plan Entry Age Minimum entry age: 0 years Maximum entry age: 60 years 8 years
Sum assured 10 times of annual premium Rs. 15000- no limit
Premium payment frequency Limited only Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 15,20,30 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.12

Know More About Plans

Overview

Invest smartly for a better tomorrow with Kotak Assured Income Accelerator

Kotak Life Assured Income Accelerator Plan is a dual-purpose protection and savings-based life insurance plan. Along with maturity or death benefits, this investment plan offers guaranteed income payable annually at the end of the premium payment term. With an income booster feature, your guaranteed income increases between 5% and 7% every year.

The plan offers the flexibility to choose a premium payment term for 7, 10, or 15 years (PPT) and enjoy life cover for 15, 20, or 30 years. You can even enhance your base cover with optional riders to protect against Death, Disability, and Disease.

Kotak Assured Income Accelerator Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Assured Income Accelerator Plan offers you a range of benefits including:

why-choose
  • Flexible premium payments
  • Tax Benefits
  • Disability cover 
  • Death benefits
  • Guranteed Income
  • Maturity benefits 

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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.