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Hdfc Life Guaranteed Income Plan vs Kotak Single Invest Advantage

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Hdfc Life Guaranteed Income Plan vs Kotak Single Invest Advantage

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 Single Invest Advantage

Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) offered by Kotak Life Insurance. It combines the benefits of investment and insurance in a single package. To face every market situation, this plan offers three different investment strategies and five unique funds to diversify yo...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Kotak Single Invest Advantage

Premium Including GST
Key Features
(Key features of the plan)
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies
Plan Uniqueness
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Tax benefits
  • Loyalty additions
  • Fund options
Plan Maturity age Maximum Maturity Age - 65 years Maximum maturity age: 78 years
Premium payment term 8 to 10 years Single
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Minimum entry age: 3 years Maximum entry age: 45 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit 10 times the basic sum assured
Premium payment frequency Annual,Semi-Annual,Monthly,Single Single
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16 to 20 years 10 and 15 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

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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