Hdfc Life Guaranteed Income Plan
vs
Kotak Life Premier Money Back

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Hdfc Life Guaranteed Income Plan vs Kotak Life Premier Money Back

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 Premier Money Back

Kotak Premier Money Back Plan is a savings cum protection plan by Kotak Life Insurance. It provides a regular payout as a percentage of the Basic Sum Assured at specific intervals during the policy term. With the Kotak Money Back plan, you can grow your savings with yearly bonuses and a lump-sum mat...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Kotak Life Premier Money Back

Premium Including GST
Key Features
(Key features of the plan)
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Regular Payouts
  • Special Premium Discount
  • Maturity Additions
Plan Uniqueness
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Death cover
  • Accident death cover
  • Premium discounts
Plan Maturity age Maximum Maturity Age - 65 years Maximum maturity age: 75 years
Premium payment term 8 to 10 years 8, 10 or 12 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Min entry age: 2 years Max entry age: 57 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit Min sum assured: Rs. 1,50,000 Max sum assured: No Limit
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 16,20, 24 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.