Icici Pru Assured Savings Insurance Plan
vs
Kotak Classic Endowment Plan

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Icici Pru Assured Savings Insurance Plan vs Kotak Classic Endowment Plan

Icici Pru Assured Savings Insurance Plan

‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’. There's no harm in saving some money for the future. Keep in mind that ICICI Pru presents an ICICI Pru Assured Savings Insurance Plan, a plan that gives you guaranteed benefits on survival, maturity, or ...

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

Icici Pru Assured Savings Insurance Plan


Kotak Classic Endowment Plan

Premium Including GST
Key Features
(Key features of the plan)
  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
  • Cover up to 75 Years
  • Special Premium Discount
  • Additional Bonuses
Plan Uniqueness
  • Flexible premium payment
  • Survival benefits
  • Maturity benefits
  • Maturity benefit
  • Tax benefits
  • Additional riders
Plan Maturity age Maximum maturity age - 72 years Maximum maturity age: 75 years
Premium payment term 5/7/8/10/12 years Equal to Policy Term
Plan Entry Age Minimum age - 0 years Maximum age - 60 years Minimum entry age: 0 years Maximum entry age: 70 years
Sum assured Minimum sum assured - 84,000 Maximum sum assured - 4 Lakhs NA
Premium payment frequency Annual / Half-yearly / Monthly Monthly, Quarterly, Half-Yearly or Annually
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 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

‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’.

There's no harm in saving some money for the future. Keep in mind that ICICI Pru presents an ICICI Pru Assured Savings Insurance Plan, a plan that gives you guaranteed benefits on survival, maturity, or death. You'll even receive 9%, 10%, or 11% of guaranteed addition automatically added to your base cover annually. 

Along with other benefits, the investment plan offers flexibility to choose the premium payment term (PPT) and policy term (PT) based on your needs. You can even surrender your policy at any time after paying a two-year premium and get a Special Surrender Value (SSV).

ICICI Pru Assured Savings is a versatile savings plan life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

ICICI Pru Assured Savings Plan offers you a range of benefits including:

why-choose
  • Guaranteed Benefits
  • Tax Benefits
  • Flexibility
  • Special surrender value
  • Loan benefit
  • Life cover 

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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.