Kotak Life Premier Endowment Plan
vs
Lic Jeevan Saathi

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Kotak Life Premier Endowment Plan vs Lic Jeevan Saathi

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...

Lic Jeevan Saathi

LIC Jeevan Saathi is basically an endowment assurance policy that is there to ensure the lives of husband and wife. It offers the required financial protection to the insured's life. Under the same, the insured lives will be able to get the maturity amount and the end of the policy term. It is a uni...

PLAN DETAILS

Kotak Life Premier Endowment Plan


Lic Jeevan Saathi

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed additions
  • Bonuses
  • Flexible payment term
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Guaranteed maturity benefits
  • Tax benefits
  • Bonuses
  • Partial withdrawals
  • Premium discontinuance
  • Switching
Plan Maturity age Maximum maturity age: 70 years Maximum Maturity Age - 70 years
Premium payment term Same as the policy term 10 to 20 years
Plan Entry Age Min entry age: 18 years Max entry age: 60 years Minimum Age - 18 years Maximum Age - 55 years
Sum assured Depends on the premium amount Rs 10,000 to No limit
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 to 30 years or 5,7,10,15 years Minimum term - 10 years Maximum term - 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

Know More About Plans

Overview

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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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.