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Kotak Invest Maxima
VS
Sbi Smart Scholar
| PLAN DETAILS |
Kotak Invest Maxima |
Sbi Smart Scholar |
| 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 - 65 years |
| Premium payment term | Same as the policy term | Single Pay or 5 to 25 Years |
| Plan Entry Age | Min entry age: 0 years. Max entry age: 65 years. | Minimum Age: 0 years; Maximum Age: 17 years |
| Sum assured | 5, 10 and 7 times of Annual premium | Single-Premium: 1.25x premium; Limited Premium: 10x Annualized 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 | 8 to 25 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age- 0 years |
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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