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Guaranteed Income Goal Plan vs Kotak Single Invest Plus Plan

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Guaranteed Income Goal Plan vs Kotak Single Invest Plus Plan

Guaranteed Income Goal Plan

Bajaj Life Guaranteed Income Goal by Bajaj Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as: lumpsum or in income. With the regular or limite...

Kotak Single Invest Plus Plan

Invest once or get benefits for life with the Kotak Single Invest Plus Plan Kotak Single Invest Plus Plan is a single-pay unit-linked insurance plan that offers dual benefits: protection and savings. You make a one-time premium payment and enjoy the benefits throughout the policy term while staying ...

PLAN DETAILS

Guaranteed Income Goal Plan


Kotak Single Invest Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed returns
  • Choice of two variants
  • Policy loan available
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
Plan Uniqueness
  • Guaranteed returns
  • Choice of two variants
  • Policy Loan available
  • Single payment- long-term coverage
  • Joint life cover feature
  • Advantage of loyalty additions
Plan Maturity age Maximum Maturity Age - 72 years Upto 67 years
Premium payment term 5,7,8,10,12 years 10 years
Plan Entry Age Minimum Age - 6 years Maximum Age - 60 years Min- 3 years, Max- 52 years
Sum assured No limit 10 times of the Single Premium
Premium payment frequency Annual, half-yearly, quarterly & monthly Quarterly, Half-yearly, Annually
Plan Sample Premium - Min - : ₹300000, Max - : No Limit
Plan Brochure Brochure URL Brochure URL
Policy tenure 10,12,15,20 years 10 and 15 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Bajaj Life Guaranteed Income Goal by Bajaj Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as: lumpsum or in income. With the regular or limited premium paying option, you can cover yourself or up to the age of 20 years.

Wait wait. In case of emergencies, this plan also offers a loan facility for up to 70% of your surrender value.

Bajaj Life Guaranteed Income Goal Plan offers you a range of benefits including:

why-choose
  • Choice of 2 life cover variants
  • Flexibility to choose premium payment term
  • Special premium rates for women
  • High sum assured rebate
  • Choice of rider options

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