Kotak Life Premier Endowment Plan
vs
Lic New Jeevan Anand

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Kotak Life Premier Endowment Plan vs Lic New Jeevan Anand

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 New Jeevan Anand

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of...

PLAN DETAILS

Kotak Life Premier Endowment Plan


Lic New Jeevan Anand

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
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Maximum maturity age: 70 years Maximum Maturity Age - 75 years
Premium payment term Same as the policy term -
Plan Entry Age Min entry age: 18 years Max entry age: 60 years Minimum Age - 18 years Maximum Age - 50 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 Minimum term - 15 years Maximum term - 35 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62
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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.