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Kotak Life Premier Money Back vs Flexi Save Plan

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Kotak Life Premier Money Back vs Flexi Save Plan

Kotak Life Premier Money Back

Kotak Premier Money Back Plan is a savings cum protection plan by Kotak Life Insurance. It provides a regular payout as a percentage of the Basic Sum Assured at specific intervals during the policy term. With the Kotak Money Back plan, you can grow your savings with yearly bonuses and a lump-sum mat...

Flexi Save Plan

Save More with Bharti AXA Life Flexi Save Plan – Earn Annual Bonuses Along with Assured Life Cover.Bharti AXA Life Flexi Save plan is a non-participating savings plan designed to help you save towards meeting your future goals. In this plan, you can grow your savings with yearly bonuses starti...

PLAN DETAILS

Kotak Life Premier Money Back


Flexi Save Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Regular Payouts
  • Special Premium Discount
  • Maturity Additions
  • Flexibility to Modify Policy Term
  • Earn Yearly Cash Bonuses
  • Guaranteed Maturity Benefit
Plan Uniqueness
  • Death cover
  • Accident death cover
  • Premium discounts
  • Flexibility to Modify Policy Term
  • Earn Yearly Cash Bonuses
  • Guaranteed Maturity Benefit
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 85 years
Premium payment term 8, 10 or 12 years 5,7,12 years
Plan Entry Age Min entry age: 2 years Max entry age: 57 years Minimum Age - 0 days Maximum Age - 65 years
Sum assured Min sum assured: Rs. 1,50,000 Max sum assured: No Limit Depends on the premium amount
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16,20, 24 years Minimum term - 20 years Maximum term - 30 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Kotak Premier Money Back Plan is a savings cum protection plan by Kotak Life Insurance. It provides a regular payout as a percentage of the Basic Sum Assured at specific intervals during the policy term. With the Kotak Money Back plan, you can grow your savings with yearly bonuses and a lump-sum maturity addition. 

The plan provides an in-built accidental death benefit, setting its life protection feature apart from others. Under this plan, you can stay protected against risk with additional financial support by selecting from a wide range of add-on riders.

Kotak Premier Money Back is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Premier Money Back Plan offers you a range of benefits including:

why-choose
  • Rider Benefit 
  • Tax Benefits
  • Regular Payouts 
  • Maturity Addition
  • Discounts for high SI 
  • Cash Bonuses

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