Kotak Life Guaranteed Savings Plan
vs
Kotak Single Invest Plus Plan

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  • Multiple sum assured options
  • Enhance coverage with add-ons
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Kotak Life Guaranteed Savings Plan vs Kotak Single Invest Plus 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 ...

Kotak Single Invest Plus Plan

Invest once or get benefits for life with the Kotak Single Invest Plus Plan Kotak Single Invest Plus Plan is a single-pay unit-linked insurance plan that offers dual benefits: protection and savings. You make a one-time premium payment and enjoy the benefits throughout the policy term while staying ...

PLAN DETAILS

Kotak Life Guaranteed Savings Plan


Kotak Single Invest Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed loyalty additions
  • Limited premium payment options
  • Waiting period
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
Plan Uniqueness
  • Loyalty additions
  • Tax benefits
  • Policy loan
  • Single payment- long-term coverage
  • Joint life cover feature
  • Advantage of loyalty additions
Plan Maturity age Maximum maturity age: 75 years Upto 67 years
Premium payment term 5,7,8,10 years 10 years
Plan Entry Age Minimum entry age: 3 years Maximum entry age: 60 years Min- 3 years, Max- 52 years
Sum assured Based on premium age, policy term, and premium payment term 10 times of the Single Premium
Premium payment frequency Monthly, Quarterly, Half- yearly, and Yearly Quarterly, Half-yearly, Annually
Plan Sample Premium - Min - : ₹300000, Max - : No Limit
Plan Brochure Brochure URL Brochure URL
Policy tenure 10/ 14/ 15/16/20 years 10 and 15 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 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.