Kotak Life Premier Endowment Plan
vs
Lic Jeevan Shikhar

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Kotak Life Premier Endowment Plan vs Lic Jeevan Shikhar

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 Shikhar

Of the many efficient plans of LIC, the Jeevan Shikhar Plan stands out in terms of benefits and simplicity of terms. The endowment plan was initially launched as a close-ended plan which was only available 120 days after the release date, but the terms are revised now. The programs offer you a great...

PLAN DETAILS

Kotak Life Premier Endowment Plan


Lic Jeevan Shikhar

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
  • Maturity Benefits
  • Death Benefits
  • Loan Facility
Plan Maturity age Maximum maturity age: 70 years Maximum Maturity Age - NA
Premium payment term Same as the policy term Single Premium
Plan Entry Age Min entry age: 18 years Max entry age: 60 years Minimum Age - 6 years Maximum Age - 45 years
Sum assured Depends on the premium amount Rs 1 lakh 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 15 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.