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Kotak Life Premier Endowment Plan
VS
Smart Life Plan
| PLAN DETAILS |
Kotak Life Premier Endowment Plan |
Smart Life Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum maturity age: 70 years | Maximum Maturity Age - 75 years |
| Premium payment term | Same as the policy term | 6, 8, 10, 12, and 15 years |
| Plan Entry Age | Min entry age: 18 years Max entry age: 60 years | Minimum Age - 3 years Maximum Age - 55 years |
| Sum assured | Depends on the premium amount | Rs. 2,50,000 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 specific terms of 5, 7, 10, 15 years | 75 years less entry age of life insured |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age - 5 year |
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