Hdfc Life Guaranteed Income Plan
vs
Kotak Life Guaranteed Savings Plan

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Hdfc Life Guaranteed Income Plan vs Kotak Life Guaranteed Savings 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 Life Guaranteed Savings Plan

Kotak Life Guaranteed Savings Plan combines a guaranteed savings plan and a life insurance plan. In case of your uncertain demise, your loved ones will get death benefits, and if you outlive the policy tenure you will be paid maturity amount along with applicable additions. You can also choose from ...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Kotak Life Guaranteed Savings Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Guaranteed loyalty additions
  • Limited premium payment options
  • Waiting period
Plan Uniqueness
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Loyalty additions
  • Tax benefits
  • Policy loan
Plan Maturity age Maximum Maturity Age - 65 years Maximum maturity age: 75 years
Premium payment term 8 to 10 years 5,7,8,10 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Minimum entry age: 3 years Maximum entry age: 60 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit Based on premium age, policy term, and premium payment term
Premium payment frequency Annual,Semi-Annual,Monthly,Single Monthly, Quarterly, Half- yearly, and Yearly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16 to 20 years 10/ 14/ 15/16/20 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.