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Kotak Ace Investment Plan vs Lic Premium Endowment

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Kotak Ace Investment Plan vs Lic Premium Endowment

Kotak Ace Investment Plan

Kotak Ace Investment Plan is a ULIP (Unit Linked Insurance Plan). This plan offers a lump sum in case of your unfortunate demise and maturity benefits if you outlive the policy tenure. Three investment strategies are available for a policyholder: self-managed, age-based, and systematic switching. Th...

Lic Premium Endowment

This plan serves a dual role. Firstly, it safeguards a family financially after the untimely death of the policyholder. Secondly, upon maturity, it provides a substantial sum of money to the policyholder. Each year, a bonus amount is added to the main sum assured. The name itself suggests that this ...

PLAN DETAILS

Kotak Ace Investment Plan


Lic Premium Endowment

Premium Including GST
Key Features
(Key features of the plan)
  • Top-up premiums
  • Choice of life cover
  • Enhancing options to choose from
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Top-up premiums
  • Enhancing options
  • Choice of life cover
  • Death Benefits
  • Maturity Benefits
  • Bonuses
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 75 years
Premium payment term 15/20/25/30 years Single Premium
Plan Entry Age Minimum entry age: 0 years Maximum entry age: 65 years Minimum Age - 30 days, Maximum Age - 65 years
Sum assured Higher of 10 times AP Rs 1 lakh to No limit
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10/ 15/ 20/25/30 years 10 to 25 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%

Know More About Plans

Kotak Ace Investment Plan is a ULIP (Unit Linked Insurance Plan). This plan offers a lump sum in case of your unfortunate demise and maturity benefits if you outlive the policy tenure.

Three investment strategies are available for a policyholder: self-managed, age-based, and systematic switching. This section provides complete details regarding Kotak Ace Investment Plan, including its features, benefits, eligibility criteria, and buying options.

Kotak Ace Investment Plan is a unique life insurance plan. Let's explore the plan in detail for more clarity and better understanding.

Kotak Ace Investment Plan offers a range of benefits including:

  • Multiple investment strategies
  • Tax Benefits
  • Death benefit
  • Partial withdrawals
  • Enhancing options
  • Maturity benefits

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