Kotak Life Assured Savings Plan
vs
Kotak Ace Investment Plan

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  • Multiple sum assured options
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Kotak Life Assured Savings Plan vs Kotak Ace Investment 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 ...

Kotak Ace Investment Plan

Kotak Ace Investment Plan is a ULIP (Unit Linked Insurance Plan). This plan offers a lump sum in case of your unfortunate demise and maturity benefits if you outlive the policy tenure. Three investment strategies are available for a policyholder: self-managed, age-based, and systematic switching. Th...

PLAN DETAILS

Kotak Life Assured Savings Plan


Kotak Ace Investment Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available
  • Top-up premiums
  • Choice of life cover
  • Enhancing options to choose from
Plan Uniqueness
  • Policy loan
  • Tax benefits
  • Deah benefit
  • Top-up premiums
  • Enhancing options
  • Choice of life cover
Plan Maturity age Maximum maturity age: 75 years Maximum maturity age: 75 years
Premium payment term 5 years, 10 years 15/20/25/30 years
Plan Entry Age Min entry age: 3 years Max entry age: 60 years Minimum entry age: 0 years Maximum entry age: 65 years
Sum assured NA Higher of 10 times AP
Premium payment frequency Yearly, Half-yearly, Quarterly, Monthly Monthly, Quarterly, Half- yearly and Yearly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Min: 10 years Max: 20 years 10/ 15/ 20/25/30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 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.