Kotak Life Assured Savings Plan
vs
Sbi Smart Wealth Builder

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Kotak Life Assured Savings Plan vs Sbi Smart Wealth Builder

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 ...

Sbi Smart Wealth Builder

SBI Life Smart Wealth Builder is an individual, unit-linked, and non-participating life insurance plan. It comes out with a dual benefit of insurance and investment. The plan offers a guaranteed bonus at different stages during the policy tenure. It is specifically designed for achieving life goals ...

PLAN DETAILS

Kotak Life Assured Savings Plan


Sbi Smart Wealth Builder

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available
  • Guaranteed Bonus During Policy Term
  • Free Look Period of 15 Days
  • 1 Free Partial Withdrawal
Plan Uniqueness
  • Policy loan
  • Tax benefits
  • Deah benefit
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 70 years
Premium payment term 5 years, 10 years 5 to 30 years
Plan Entry Age Min entry age: 3 years Max entry age: 60 years Minimum Age - 7 years Maximum Age - 55 years
Sum assured NA 10 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 5 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.