Hdfc Life Guaranteed Income Plan
vs
Kotak Classic Endowment Plan

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Hdfc Life Guaranteed Income Plan vs Kotak Classic Endowment Plan

Hdfc Life Guaranteed Income Plan

HDFC Life Guaranteed Income Insurance Plan is a non-linked, non-participating life insurance saving plan. It offers a regular income payout for 16 to 20 years and ensures financial protection for your loved ones in case of your unfortunate demise. HDFC Life Guaranteed Income Insurance Plan offers yo...

Kotak Classic Endowment Plan

Kotak Classic Endowment Plan is a long-term protection cum savings plan that helps you grow your money. It is a participating endowment plan that offers protection benefits up to the age of 75 years. The plan offers a special premium discount for a high sum assured on maturity i.e. for Rs. 5 lakhs &...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Kotak Classic Endowment Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Cover up to 75 Years
  • Special Premium Discount
  • Additional Bonuses
Plan Uniqueness
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Maturity benefit
  • Tax benefits
  • Additional riders
Plan Maturity age Maximum Maturity Age - 65 years Maximum maturity age: 75 years
Premium payment term 8 to 10 years Equal to Policy Term
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Minimum entry age: 0 years Maximum entry age: 70 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit NA
Premium payment frequency Annual,Semi-Annual,Monthly,Single Monthly, Quarterly, Half-Yearly or Annually
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16 to 20 years 15 TO 30 Years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

HDFC Life Guaranteed Income Insurance Plan is a non-linked, non-participating life insurance saving plan. It offers a regular income payout for 16 to 20 years and ensures financial protection for your loved ones in case of your unfortunate demise.

HDFC Life Guaranteed Income Insurance Plan offers you a range of benefits including:

why-choose
  • Guaranteed income of 11% to 13% per annum
  • Tax Benefits
  • Guaranteed regular income 
  • Guaranteed lump sum on maturity
  • Flexibility
  • Rider protection

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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.