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Kotak Invest Maxima
VS
Lic Siip
| PLAN DETAILS |
Kotak Invest Maxima |
Lic Siip |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum maturity age: 75 years | Maximum Maturity Age - 85 years |
| Premium payment term | Same as the policy term | 10 to 25 years |
| Plan Entry Age | Min entry age: 0 years. Max entry age: 65 years. | Minimum Age - 90 days Maximum Age - 65 years |
| Sum assured | 5, 10 and 7 times of Annual premium | Below 55: 10x premium 55 & above: 7x premium |
| Premium payment frequency | Monthly, Half-yearly, and Yearly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 10,15,20,25 and 30 years | Minimum term - 10 years Maximum term - 25 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | 98.5% |
Kotak Invest Maxima, offered by Kotak Life Insurance, is a life insurance-cum-investment plan designed to provide financial security for your family and grow your wealth over time. This plan offers the flexibility to manage your funds independently or have them managed by financial experts.
The Kotak Invest Maxima Plan offers a range of benefits, including:
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