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Kotak Invest Maxima vs Smart Life Plan

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Kotak Invest Maxima vs Smart Life Plan

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 ...

Smart Life Plan

Kotak SmartLife is a non-linked, participating life insurance plan. It provides an option to get cash bonus payouts from the end of the 1st policy year to look after immediate financial needs. Policyholders can use such bonuses to take care of their families in their absence. Kotak SmartLife Pl...

PLAN DETAILS

Kotak Invest Maxima


Smart Life Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Zero premium allocation charges
  • Flexible premium pay
  • Partial withdrawals
  • Explore All about Kotak SmartLife Insurance
  • Understand the Key Features & Benefits
  • Check Eligibility Criteria
Plan Uniqueness
  • Flexible premium pay
  • Survival benefits
  • Tax benefits
  • Comprehensive Protection
  • Survival Benefit
  • Maturity benefit
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 75 years
Premium payment term Same as the policy term 6, 8, 10, 12, and 15 years
Plan Entry Age Min entry age: 0 years Max entry age: 65 years Minimum Age - 3 years Maximum Age - 55 years
Sum assured 5, 10 and 7 times of Annual premium Rs. 2,50,000 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 75 years less entry age of life insured
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

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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