Kotak Life Assured Income Accelerator Plan vs Fixed Maturity Plan

Invest smartly for a better tomorrow with Kotak Assured Income Accelerator

Kotak Life Assured Income Accelerator Plan is a dual-purpose protection and savings-based life insurance plan. Along with maturity or death benefits, this investment plan offers guaranteed income payable annually at the end of the premium payment term. With an income booster feature, your guaranteed income increases between 5% and 7% every year.

The plan offers the flexibility to choose a premium payment term for 7, 10, or 15 years (PPT) and enjoy life cover for 15, 20, or 30 years. You can even enhance your base cover with optional riders to protect against Death, Disability, and Disease.

Kotak Assured Income Accelerator Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Assured Income Accelerator Plan offers you a range of benefits including:

• Flexible premium payments
• Tax Benefits
• Disability cover 

• Death benefits
• Guranteed Income
• Maturity benefits 

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from financial hardship in the event of a tragic event, while also assisting you in building lump sum benefits to realize all of your goals.

BSLI Fixed Maturity Plan is a versatile insurance plan with numerous Policy Terms & Sum Assured Multiples to meet your needs and Enhanced Maturity Benefit for higher premiums. ABSLI Fixed maturity plan has a Single Pay Option with the flexibility to choose the policy term between 5- 10 years. By offering protection advantages over the course of the policy, this plan builds a guarantee cushion for your funds, assisting in the protection of all your dreams. 

This plan offers you various benefits including:

• Guaranteed Maturity Benefit
• Death Benefit
• Policy Loan Benefit

• Surrender Benefit
• Partial Withdrawals