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Kotak Platinum Insurance vs Bharti Axa Life Monthly Advantage

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Kotak Platinum Insurance vs Bharti Axa Life Monthly Advantage

Kotak Platinum Insurance

Kotak Platinum Insurance Plan is an individual unit-linked life insurance savings plan. It offers the dual benefits of insurance and savings in the same product. Rather than an average savings plan, this plan provides three different investment strategies to maximize long-term returns. Kotak Platinu...

Bharti Axa Life Monthly Advantage

Get Income for Tomorrow with Bharti AXA Monthly Advantage Plan – secure savings, guaranteed returns, and financial security. Bharti AXA Life Monthly Advantage is a non-participating life insurance savings plan. It offers a choice of three premium payment term options and guarantees monthly pay...

PLAN DETAILS

Kotak Platinum Insurance


Bharti Axa Life Monthly Advantage

Premium Including GST
Key Features
(Key features of the plan)
  • Multiple investment strategies
  • Partial withdrawal option
  • Enhance protection through riders
  • Guaranteed Monthly Income
  • Earn Yearly Cash Bonuses
  • Extra Protection with Riders
Plan Uniqueness
  • Tax benefits
  • Partial withdrawal
  • Fund options
  • Get three premium payment options
  • Accidental death benefit
  • Accidental total permanent disability coverage
Plan Maturity age Maximum maturity age: 75 years 77, 81, 84 years
Premium payment term 5,10,15 and 30 years 6, 8, 12 years
Plan Entry Age Minimum entry age: 1 years Maximum entry age: 65 years Min- 91 days, Max- 65 years
Sum assured 25 times AP 50000 for all policy terms
Premium payment frequency Yearly, Half-yearly, Quarterly, Monthly Quaterly, Half yearly, Annualy
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 to 30 years 12, 16, 24 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Kotak Platinum Insurance Plan is an individual unit-linked life insurance savings plan. It offers the dual benefits of insurance and savings in the same product. Rather than an average savings plan, this plan provides three different investment strategies to maximize long-term returns.

Kotak Platinum Insurance Plans offer a 100% tax-free lump sum at maturity under section 10(10)D of the Income Tax Act 1961.

Kotak Platinum Insurance Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Platinum Insurance Plan offers you a range of benefits including:

why-choose
  • 7 fund options
  • Tax Benefits
  • Vast investment options
  • Partial withdrawal
  • Flexible payment terms 
  • Rider benefits 

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