Kotak Invest Maxima
vs
Sbi Smart Bachat

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Kotak Invest Maxima vs Sbi Smart Bachat

Kotak Invest Maxima

Kotak Invest Maxima plan offered by Kotak Life Insurance is a life insurance cum investment plan that covers your family financially in your absence and helps you grow your money over time. This plan allows you to manage your funds on your own or get them handled by the experts. Kotak Invest Maxima ...

Sbi Smart Bachat

Save yourself and your family from the rising inflation with SBI Life Smart Bachat. It is important to plan for future savings and expenses wisely while considering the present inflation rate. And what could be better than investing in a plan that helps you save enough to fulfill your long-term fina...

PLAN DETAILS

Kotak Invest Maxima


Sbi Smart Bachat

Premium Including GST
Key Features
(Key features of the plan)
  • Zero premium allocation charges
  • Flexible premium pay
  • Partial withdrawals
  • Know All About SBI Life Smart Bachat
  • Explore the Key Features & Benefits
  • Understand the Exclusions
Plan Uniqueness
  • Flexible premium pay
  • Survival benefits
  • Tax benefits
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 65 years
Premium payment term Same as the policy term 7/10/15 years
Plan Entry Age Min entry age: 0 years Max entry age: 65 years Minimum Age - 3 years Maximum Age - 50 years
Sum assured 5, 10 and 7 times of Annual premium Rs 2 lakh to No limit
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 - 15 years Maximum term - 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

Kotak Invest Maxima plan offered by Kotak Life Insurance is a life insurance cum investment plan that covers your family financially in your absence and helps you grow your money over time. This plan allows you to manage your funds on your own or get them handled by the experts.

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

Kotak Invest Maxima Plan offers you a range of benefits including:

why-choose
  • Guaranteed Maturity
  • Tax Benefits
  • Flexibility
  • Death Benefit
  • Bonuses
  • Additional riders

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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.