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Kotak Life Assured Savings Plan vs Bharti Axa Life Guaranteed Income Pro

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Kotak Life Assured Savings Plan vs Bharti Axa Life Guaranteed Income Pro

Kotak Life Assured Savings Plan

Kotak Life Assured Savings is a non-participating endowment assurance plan. This investment plan is designed to provide dual benefits of protection along with wealth creation to the life insured. It offers a limited premium payment option of 5 to 10 years, and you can purchase this plan for a policy...

Bharti Axa Life Guaranteed Income Pro

Bharti AXA Life Guaranteed Pro is a non-linked, non-participating life insurance savings plan. This plan offers the dual benefit of a long-term income option and a guaranteed maturity benefit. With a minimum entry age of 3 months, this plan can be purchased for individuals up to 65 years of age. In ...

PLAN DETAILS

Kotak Life Assured Savings Plan


Bharti Axa Life Guaranteed Income Pro

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available
  • Regular guaranteed income
  • Lump sum amount at maturity
  • Two plan options
Plan Uniqueness
  • Policy loan
  • Tax benefits
  • Death benefit
  • Life insurance cover
  • Two plan options
  • Receive all premiums back
Plan Maturity age Maximum maturity age: 75 years Minimum- 18 years, Maximum- 80 years
Premium payment term 5 years, 10 years Annual, semi-annual, quarterly & monthly
Plan Entry Age Min entry age: 3 years Max entry age: 60 years Minimum- 3 months, Maximum- 65 years
Sum assured NA Rs. 25,000 to No Limit
Premium payment frequency Yearly, Half-yearly, Quarterly, Monthly Annual, semi-annual, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Min: 10 years Max: 20 years N/A
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Kotak Life Assured Savings is a non-participating endowment assurance plan. This investment plan is designed to provide dual benefits of protection along with wealth creation to the life insured. It offers a limited premium payment option of 5 to 10 years, and you can purchase this plan for a policy term of 10 to 20 years.

Kotak Life Assured Savings is a unique life insurance plan. Let's explore the plan in detail for better understanding.

Kotak Life Assured Savings Plan offers a range of benefits including:

  • Guaranteed Maturity
  • Tax Benefits
  • Flexibility
  • Increasing Life Cover
  • Death Benefit
  • Additional riders

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