Kotak Life Assured Savings Plan
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Child Advantage Plan

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Kotak Life Assured Savings Plan vs Child Advantage Plan

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. With a limited premium payment option of 5 to 10 years. You can purchase this plan for a policy term of ...

Child Advantage Plan

Bharti Axa Life Child Advantage Plan helps you secure your child's future. This plan comes with maturity benefits as well as life insurance coverage. You can choose additional rider benefits with your Bharti Axa Child Advantage to enhance your coverage benefits. This article provides you with comple...

PLAN DETAILS

Kotak Life Assured Savings Plan


Child Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available
  • Offers Premium Waiver Benefit
  • Choose Maturity Option
  • Choose Premium Payment Term
Plan Uniqueness
  • Policy loan
  • Tax benefits
  • Deah benefit
  • Offers you Premium Waiver Benefit
  • Choose your maturity option
  • Choose your premium payment term
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 76 years
Premium payment term 5 years, 10 years Same as the policy term
Plan Entry Age Min entry age: 3 years Max entry age: 60 years 18 years
Sum assured NA Rs 25,000 to No limit
Premium payment frequency Yearly, Half-yearly, Quarterly, Monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Min: 10 years Max: 20 years Minimum term - 11 years Maximum term - 21 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Overview

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. With a limited premium payment option of 5 to 10 years. You can purchase this plan for a policy term of 10 to 20 years.

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

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

why-choose
  • Guaranteed Maturity
  • Tax Benefits
  • Flexibility
  • Increasing Life Cover
  • Death Benefit
  • 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.