Kotak Guaranteed Fortune Builder Plan
vs
Sbi Smart Wealth Builder

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Kotak Guaranteed Fortune Builder Plan vs Sbi Smart Wealth Builder

Kotak Guaranteed Fortune Builder Plan

Kotak Guaranteed Fortune Builder is a comprehensive savings plan that helps you protect your family’s future with an assurance to fulfill your goals. It offers guaranteed benefits with multiple plan options to suit different plans and objectives. It includes wealth creation, income for short-t...

Sbi Smart Wealth Builder

SBI Life Smart Wealth Builder is an individual, unit-linked, and non-participating life insurance plan. It comes out with a dual benefit of insurance and investment. The plan offers a guaranteed bonus at different stages during the policy tenure. It is specifically designed for achieving life goals ...

PLAN DETAILS

Kotak Guaranteed Fortune Builder Plan


Sbi Smart Wealth Builder

Premium Including GST
Key Features
(Key features of the plan)
  • Get Long or Early Income
  • Earn Yearly Guaranteed Additions
  • In-built Waiver of Premium
  • Guaranteed Bonus During Policy Term
  • Free Look Period of 15 Days
  • 1 Free Partial Withdrawal
Plan Uniqueness
  • Long-term income
  • 100% return of total premiums
  • Early income benefits
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 70 years
Premium payment term 5, 7, 10 years 5 to 30 years
Plan Entry Age Min- 3 years, Max- 60 years Minimum Age - 7 years Maximum Age - 55 years
Sum assured No Limit 10 X Annualized Premium
Premium payment frequency Yearly, Half-yearly, Quarterly, Monthly Mode  Annual, half-yearly, quarterly & monthly
Plan Sample Premium Rs. 30000 -
Plan Brochure Brochure URL Brochure URL
Policy tenure 8 to 18 years 5 to 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age- 14 year

Know More About Plans

Overview

Kotak Guaranteed Fortune Builder is a comprehensive savings plan that helps you protect your family’s future with an assurance to fulfill your goals. It offers guaranteed benefits with multiple plan options to suit different plans and objectives. It includes wealth creation, income for short-term or long-term goals, and protecting your child's future with guaranteed payouts.  This Investment plan offers a liquidity option in which you can encash the cash value of guaranteed yearly addition. You can add your spouse to the same plan and get cover for two people. It offers value-added services for females, such as a premium break feature where female policyholders can avail of a 1-year premium break during the premium payment term.  Guaranteed Fortune Builder offers inbuilt health & wellbeing management services such as consultation, medical care, home health care, etc, with no additional charges. Let’s learn more about the plan in detail.

Kotak Life Insurance Guaranteed Fortune Builder Plan offers you a range of benefits including:

why-choose
  • Stay protected with a life cover for the entire policy term.
  • The plan offers multiple guaranteed benefits to meet your different needs.
  • In this plan, you'll get inbuilt health & well-being management services at no extra charge.
  • The plan allows you to encash the cash value of guaranteed yearly addition.
  • Female policyholders can avail of a 1-year premium break during the premium payment term.
  • Under the spouse cover feature, you can add your spouse under the same plan in exchange for an additional premium.

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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.