Kotak Ace Investment Plan
vs
Lic Single Premium Endowment

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  • Multiple sum assured options
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Kotak Ace Investment Plan vs Lic Single 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 Single Premium Endowment

It is a traditional endowment with death and maturity benefits to the policyholder. Even a bonus facility is given along. In this plan, the premium is paid in the starting which is paid in a lump sum amount. It serves the investment purpose and even secures you if you face an untimely demise. There ...

PLAN DETAILS

Kotak Ace Investment Plan


Lic Single 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
  • Policy Loan
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 - 90 days Maximum Age - 65 years
Sum assured Higher of 10 times AP Rs 50,000 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 Minimum- 10 years Maximum-25 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

Know More About Plans

Overview

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 article provides you with complete details regarding Kotak Ace Investment Plan including its features, benefits, eligibility criteria, buying options, etc.

Kotak Ace Investment Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Ace Investment Plan offers you a range of benefits including:

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

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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.