Kotak Life Assured Savings Plan
vs
Kotak Life Premier Money Back

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Kotak Life Assured Savings Plan vs Kotak Life Premier Money Back

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 Life Premier Money Back

Kotak Premier Money Back Plan is a savings cum protection plan by Kotak Life Insurance. It provides a regular payout as a percentage of the Basic Sum Assured at specific intervals during the policy term. With the Kotak Money Back plan, you can grow your savings with yearly bonuses and a lump-sum mat...

PLAN DETAILS

Kotak Life Assured Savings Plan


Kotak Life Premier Money Back

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available
  • Regular Payouts
  • Special Premium Discount
  • Maturity Additions
Plan Uniqueness
  • Policy loan
  • Tax benefits
  • Deah benefit
  • Death cover
  • Accident death cover
  • Premium discounts
Plan Maturity age Maximum maturity age: 75 years Maximum maturity age: 75 years
Premium payment term 5 years, 10 years 8, 10 or 12 years
Plan Entry Age Min entry age: 3 years Max entry age: 60 years Min entry age: 2 years Max entry age: 57 years
Sum assured NA Min sum assured: Rs. 1,50,000 Max sum assured: No Limit
Premium payment frequency Yearly, Half-yearly, Quarterly, Monthly Monthly, Quarterly, Half-Yearly or Annually
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Min: 10 years Max: 20 years 16,20, 24 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.