Icici Pru Assured Savings Insurance Plan vs Kotak Single Invest Plus 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 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:

• Guaranteed Benefits
• Tax Benefits
• Flexibility

• Special surrender value
• Loan benefit
• Life cover 

Invest once or get benefits for life with the Kotak Single Invest Plus Plan Kotak Single Invest Plus Plan is a single-pay unit-linked insurance plan that offers dual benefits: protection and savings. You make a one-time premium payment and enjoy the benefits throughout the policy term while staying protected with life coverage. The Kotak Single Invest plan helps you stay invested and generate wealth through the unit-linked funds and the loyalty additions provided by the company. This investment plan offers easy liquidity and numerous fund options to choose from, which sets this plan apart from others. With Joint Life Cover features, you can add your spouse and get life coverage for two people under a single plan. You can withdraw money wholly or partially after the five-year lock-in period.

Kotak Life Insurance Single Invest Plus Plan offers you a range of benefits including:

• Makes a single premium payment and gets the benefits of long-term coverage.
• The Joint Life cover feature offers coverage for both the husband and the wife under a single policy.
• Get the advantage of Loyalty Additions.

• Convenience of choosing your investment funds as per your Risk Profile.
• Pay the premium once and enjoy life coverage throughout the policy term.
• At maturity, fund value, with added loyalty additions, will be payable along with the last payout.