Kotak Life Guaranteed Savings Plan
vs
Canara Hsbc Invest 4g Plan

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  • Multiple sum assured options
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Kotak Life Guaranteed Savings Plan vs Canara Hsbc Invest 4g Plan

Kotak Life Guaranteed Savings Plan

Kotak Life Guaranteed Savings Plan combines a guaranteed savings plan and a life insurance plan. In case of your uncertain demise, your loved ones will get death benefits, and if you outlive the policy tenure you will be paid maturity amount along with applicable additions. You can also choose from ...

Canara Hsbc Invest 4g Plan

Canara HSBC Invest 4G Plan provides dual benefits to policyholders: life coverage to give financial protection for their family, and maturity benefits. This investment plan offers you multiple portfolio management options- systematic transfer, return protector, auto funds rebalancing, and safety swi...

PLAN DETAILS

Kotak Life Guaranteed Savings Plan


Canara Hsbc Invest 4g Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed loyalty additions
  • Limited premium payment options
  • Waiting period
  • Loyalty additions
  • Wealth boosters
  • Minimal associated charges
Plan Uniqueness
  • Loyalty additions
  • Tax benefits
  • Policy loan
  • Death benefit
  • Maturity benefit
  • Loyalty additions
Plan Maturity age Maximum maturity age: 75 years 80 years
Premium payment term 5,7,8,10 years 5,6,7,8,9,10,15,20,25, 30 years
Plan Entry Age Minimum entry age: 3 years Maximum entry age: 60 years Min- 18, Max- 65
Sum assured Based on premium age, policy term, and premium payment term Life insurer’s age < 45 years- Higher of 10 Times AP 0.5*T*Annualised Premium
Premium payment frequency Monthly, Quarterly, Half- yearly, and Yearly First three months& 039; premium in advance
Plan Sample Premium - Rs 50000
Plan Brochure Brochure URL Brochure URL
Policy tenure 10/ 14/ 15/16/20 years 5 to 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Overview

Kotak Life Guaranteed Savings Plan combines a guaranteed savings plan and a life insurance plan. In case of your uncertain demise, your loved ones will get death benefits, and if you outlive the policy tenure you will be paid maturity amount along with applicable additions.

You can also choose from multiple rider benefits to enhance the coverage of your base plan. This article will provide you with complete information about Guaranteed Savings Plan Kotak including its features, benefits, eligibility criteria, and available buying options.

Kotak Guaranteed Savings Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Guaranteed Savings Plan offers you a range of benefits including:

why-choose
  • Policy loan
  • Tax Benefits
  • Death benefit
  • Waiting period 
  • Flexible payment terms 
  • Maturity benefits 

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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.