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Kotak Life Premier Endowment Plan vs Fixed Maturity Plan

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Kotak Life Premier Endowment Plan vs Fixed Maturity Plan

Kotak Life Premier Endowment Plan

Kotak Life Premier Endowment plan is a combination of a life insurance plan and a savings plan offered by Kotak Life Insurance. Life insurance offers financial protection to your loved ones in case of your unfortunate demise while the savings part helps you build wealth if you survive the policy ten...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Kotak Life Premier Endowment Plan


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed additions
  • Bonuses
  • Flexible payment term
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Guaranteed maturity benefits
  • Tax benefits
  • Bonuses
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum maturity age: 70 years 70 years
Premium payment term Same as the policy term Single, Limited, Regular
Plan Entry Age Min entry age: 18 years Max entry age: 60 years 8 years
Sum assured Depends on the premium amount Rs. 15000- no limit
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 to 30 years or 5,7,10,15 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.65%

Know More About Plans

Kotak Life Premier Endowment plan is a combination of a life insurance plan and a savings plan offered by Kotak Life Insurance. Life insurance offers financial protection to your loved ones in case of your unfortunate demise while the savings part helps you build wealth if you survive the policy tenure.

Kotak Life Premier endowment 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 Premier Endowment Plan offers you a range of benefits including:

why-choose
  • Guaranteed Maturity
  • Tax Benefits
  • Flexibility
  • Death Benefit
  • Bonuses
  • Additional riders

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