Kotak Life Assured Savings Plan
vs
Hdfc Pro Growth Plus

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Kotak Life Assured Savings Plan vs Hdfc Pro Growth Plus

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 ...

Hdfc Pro Growth Plus

HDFC Life ProGrowth Plus is a unit-linked insurance and regular premium plan where the premium is invested in the market, thus providing good returns along with various benefits. This plan offers the flexibility to choose investment funds and regular premiums. The company invests your regular premiu...

PLAN DETAILS

Kotak Life Assured Savings Plan


Hdfc Pro Growth Plus

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available
  • Flexibility to Invest in Funds
  • Regular Premiums
  • Sample Premium Rates
Plan Uniqueness
  • Policy loan
  • Tax benefits
  • Deah benefit
  • Partial withdrawals
  • Redirection of Premium
  • Switching
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 75 years
Premium payment term 5 years, 10 years 10 to 30 years
Plan Entry Age Min entry age: 3 years Max entry age: 60 years Minimum Age - 14 years Maximum Age - 65 years
Sum assured NA Higher of 10 x annualized premium or 0.5 x policy term x annualized premium
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 10 to 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age- 14 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.