PLAN DETAILS |
![]() Kotak Life Assured Savings Plan |
![]() Lic Jeevan Lakshya |
Premium Including GST | ||
Key Features (Key features of the plan) |
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Plan Uniqueness |
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Plan Maturity age | Maximum maturity age: 75 years | Maximum Maturity Age - 65 years |
Premium payment term | 5 years, 10 years | Policy term minus 3 years |
Plan Entry Age | Min entry age: 3 years Max entry age: 60 years | Minimum Age - 18 years Maximum Age - 50 years |
Sum assured | NA | Rs 1 lakh 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 - 13 years Maximum term - 25 years |
Claim Settlement Ratio (2023-24) | Minimum Age - 5 year | 98.62 |
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:
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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.